Question
In a class of 30 students, the average height is 155 cm.
After one student leaves and five new students join, the class size becomes 34, and the new average height drops to 154.5 cm. Given that the total height of the five new students is 750 cm, determine the height of a student who is 2 cm taller than the student who left the school.Solution
ATQ,
Sum of height of class = 30 * 155 = 4650 4650 - x + 750 = 154.5 * 34 5400 -x = 5253 x = 147 Required height of the student = 147 + 2 = 149 cm
On a graph for a monopolist or monopolistic competitor, which of the following curves coincide?
The equation for a supply curve is P = 3Q – 8. What is the elasticity in moving from a price of 4 to a price of 7?
Individuals can now directly purchase treasury bills, dated securities, sovereign gold bonds (SGB) and state development loans (SDLs) under RBI’s ___...
In the Classical model, if there is an increase in aggregate demand, what will be the long-run effect on output and prices?Â
Consider the following:
Assertion (A): According to Peacock-Wiseman hypothesis, public expenditure increases overtime in a step-by-step manner.
Which of the following is not an example of market failure?
What does the Purchasing Managers' Index (PMI) measure?
The credit manager at a Departmental store collects data on 100 of her customers. Of the 60 men, 40 have credit cards (C). Of the 40 women, 30...
In the Classical model, what is the shape of the Aggregate Supply (AS) curve in the long run, and why?
An investor who expects a stock price to fall significantly might use which strategy?