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Initial sum of the ages of 6 children = 8 x 6 = 48 years Ages of the children leaving: 8 + 2 = 10 years and 8 + 4 = 12 years, Sum of the ages of children leaving = 10 + 12 = 22 years Sum of the ages after two children left = 48 - 22 = 26 years Sum of the ages of 5 new children = (8 + 3) x 5 = 55 years Total sum of the ages with new children = 26 + 55 = 81 years Number of children now = 6 – 2 + 5 = 9 New average age = 81/9 = 9 years
Given the following data for an economy:
National Income: $700 billion
Depreciation: $50 billion
Indirect taxes minus subsidie...
Which of the following statements is not true regarding BIS?
The wealth distribution in a certain country is described by following Lorenz Function
F(x) = 3x6 where ...
A profit-maximizing monopolist sets an output of 100 per day and a price of £10. Which of the following statements is true?
The graph that shows the relationship between the size of a tax and the tax revenue collected by the government is known as a
Which of the following Herfindahl-Hirschman Index is most consistent with monopoly?
According to Economic survey 2023-24, what is the real GDP growth rate of India in FY24?
Which of the following is correct regarding long run cost
If one’s consumption of a good does not diminish the quantity of good available for consumption by someone else, the consumption is__________. <...
A distribution of 6 scores has a median of 21. If the highest score increases 3 points, the median will become