Question
Under perfect competition, the long-run equilibrium of
the firm is established atSolution
“In the long-run, firms are in equilibrium when they have adjusted their plant so as to produce at the minimum point of their long-run AC curve, which is tangent (at this point) to the demand (AR) curve defined by the market price” so that they earn normal profits.
A rectangular room is 9 m long and 7.5 m wide. Square tiles of side 0.5 m are used to cover the floor. How many tiles are required?
The ratio of the breadth to the length of a rectangular field is 3:4. The total cost of cutting the grass of the field at the rate of Rs 12 per m2<...
A trapezium has parallel sides of lengths 10 cm and 20 cm, and its height is 8 cm. Find the length of the diagonal if the diagonals are equal.
The length of a rectangle is four times its breadth. If its length is increased by 20 cm. and breadth is increased by 30 cm, the area of the rectangle i...
A rectangular lawn 35m x 40m has two roads each 4metres wide, running in the middle of it, one parallel to the length and the other parallel to the brea...
A cuboid has its dimensions in the ratio 2:1:3. If the volume of the cuboid is 3072 cm³, calculate the sum of its dimensions.
The perimeter of a rhombus is 60 m and its height is 5 m. Its area is:
Calculate the diagonal of a cuboid whose dimensions are given as 18 meters in length, 12 meters in width, and 6√3 meters in height.
Some students (only boys and girls) from different schools appeared for an Olympiad exam. 20% of the boys and 15% of the girls failed the exam. The numb...
The altitude of an equilateral triangle is 6√3 cm. Find the area of the equilateral triangle.
