Question
The average salary of 5 employees is ₹60,000. If the
highest and lowest salaries are excluded, the average becomes ₹58,000. The lowest salary is ₹40,000. Find the highest salary.Solution
ATQ,
Total = 3,00,000 Middle 3 total = 1,74,000 Excluded = 1,26,000 40,000 + x = 1,26,000 → x = ₹86,000.
The Laffer Curve in a labor market context illustrates the relationship between:
In which of the following case , the production cost curves shifts downward?
GDP= 12000, tax rate was 15% of GDP, Private savings was 12% of GDP and public savings was 360. Find consumption level of closed economy.
The distribution of heights of American women aged 18 to 24 is approximately normally distributed with a mean of 65.5 inches and standard deviation of 2...
Which of the following statements is NOT correct in the context of quantity theory of money?
When oligopolistic firms co-operate and work as cartel, then output produced is ______ than perfect competition and ______ to Monopoly
Suppose you have estimated wage = 10 + 5skill + 3gender, where gender is one for male and zero for female. If gender had been one for female and zero fo...
Which of the following situations will arrive when a tax is imposed on sales of alcohol?
Consider an economy described by the following equations:
C = 100 + 0.6 ∗ (Y − T) (consumption function)
The 'Basel III' framework, monitored by the BIS, is primarily concerned with: