Question
If customers perceive no difference between competing
banks, price elasticity becomes:Solution
When differentiation is low, customers are more sensitive to price changes. Why others are incorrect: Low elasticity occurs when strong differentiation exists; Zero and negative unrealistic here; Irrelevant incorrect. Banking Example: Switching banks for slightly higher savings rate.
3  16  22  ?   98   206
11   33   66   112   173    ?  . Â
Three series are given below. You have to find the values of P, Q and R, then establish a relationship among them.
I:Â Â 840, P , 584, 456, 5...
1Â Â Â Â 2Â Â Â Â Â 11Â Â Â Â Â 36Â Â Â Â Â Â 85Â Â Â Â Â Â ?
...31   48    67    90   ?      150
171, 173, 183, 213 , ‘?’, 411, 633.
12Â Â Â Â Â Â Â Â Â Â Â Â Â 10Â Â Â Â Â Â Â Â Â Â Â Â 13Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â 18.5Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â 25.50Â Â Â Â Â Â Â ...
(45)2 ÷ ∛729 + (35)2 ÷ 1.4 =?
91   93   97   100   ?   113
Find the 31st term of the series 25, 29, 33……
Relevant for Exams:
