Question
Which law states that the profit from a limited amount
of variable input is maximized when that input is used in such a way that marginal return from that input is equal in all the enterprises?Solution
Law of Equimarginal returns states that the profit from a limited amount of variable input is maximized when that input is used in such a way that marginal return from that input is equal in all the enterprises. This law is concerned with the allocation of the limited amount of resource among different enterprises.
Arjun, Bheem, and Chetan start a business with initial investments of Rs. (p+1500), Rs. 'p', and Rs. (p-1000) respectively.
Quantity I: If the t...
A, B and C started a online education website by investing Rs.30,000, Rs.45,000 and Rs.60,000 respectively. Find the share of A’s, out of an annual pr...
(749.98% of 639.897) ÷ 23.97 = ?2 - 279.98% of 19.99
A manufacturer produces two items A and B. Each unit of A requires 1 hour of labor and 2 units of raw material. Each unit of B requires 2 hours of labor...
Find the area of a figure consisting of a rectangle with length 8 cm and width 5 cm, and a semicircle with a diameter equal to the width of the rectangl...
From the top of a building, the angle of depression to a point on the ground is 45 degrees. If the building is 50 meters high, how far is the point from...
The following table shows the monthly rainfall in a city for the first six months of the year:
A person has a total of ₹5000 in the form of ₹10 and ₹5 notes. If the number of ₹10 notes is twice the number of ₹5 notes, how many notes of e...
