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Age of Dimple, 4 years hence from now = 20 years So, the present age of Dimple = 20 - 4 = 16 years So, the present age of Rishi = 16 X (25/16) = 25 years The present age of Selina = 25 - 5 = 20 years Or, the present age of Anmol = 16 + 5 = 21 years Therefore, required average age = (20 + 21) /2 = 20.5 years
For normal goods, the demand curve has a/an_______ slope.
Which of the following is true as per the law of supply?
(1) There is a negative relation between quantity supplied and price
(2) The...
Which of the following is true for income elasticity of demand?
(1) It measures the responsiveness of quantity demanded of a good with respect...
What is the likely elasticity of supply when the supply curve is a straight line, vertical to the x-axis?
A perfectly elastic demand curve is
Which of the following is/are constant along a demand curve?
(1) Income of the consumers
(2) Price of related goods