Question
Who introduced the concept of elasticity of demand?
Solution
Joan Robinson has said – “The Elasticity of Demand at any price or at any output, is the proportional change of amount purchased in response to a small change in price, divided by the proportional change in price
Which figure depicts the relationship between:
Man, Ornithology, Profession
Select the number-pair in which the two numbers are related in the same way as the two numbers of the following number-pair.
6 : 85
If 'L' means '×', 'M' means '-', 'N' means '+', and 'O' means '÷', then what will be the value of the following expression?
6 L 25 M 15 N 45 O ...
In the figure given below, the triangle represents married persons, the rectangle represents employed persons and the circle represents golf players. Se...
If all the letters appearing at the odd number positions in the English alphabet are removed, then what will come at the 9th place in the new alphabet s...
If each letter of the word "PROGRAMMING" is replaced by its successor in the alphabetical series, then which alphabet is third from the left end?
A @ B means ‘A is the husband of B’
A & B means ‘A is the mother of B’
A # B means ‘A is the daughter of B’
If Q ...
In a row of Cars, Maruti is 8th from the left and Toyota is 17th from the right. If they interchange their positions, Maruti becomes 14th from left. Ho...
In a certain code language,
(i) ‘agnoscrenia’ means poisonous spider’
(ii) ‘delanocrenia’ means poisonous snake’
(iii) ...
Select the triad in which the numbers are related in the same way as are the numbers of the given triads. (16, 33, 67), (19, 39, 79)
(NOTE : Oper...
