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Let the speed of the boat in still water and the speed of the current be ‘x’ km/hr and ‘y’ km/hr, respectively Upstream speed of the boat = (x – y) = 140/7 = 20 km/hr Or, 28 – y = 20 Or, y = 28 – 20 = 8 km/hr Therefore, downstream speed of the boat = 28 + 8 = 36 km/hr Required time taken = 144/36 = 4 hours
At price of Rs.5 quantity demanded is 10 units and at price of Rs.6, demand is 8 units. Calculate the market demand when price is Rs.4
The wealth distribution in a certain country is described by following Lorenz Function
F(x) = 3x6 where ...
The data about sales and advertisement expenditure of a firm is given below
What is the mean of a data if its Pearson's coefficient of skewness is 0.25, standard deviation is 7 and mode is 20.
A central bank decides to increase money supply. For a given price level, the LM curve is expected to
When oligopolistic firms co-operate and work as cartel, then output produced is ______ than perfect competition and ______ to Monopoly
Consider the following Utility function U(x,y) = 4x+5y. The price of x and y are 5 and 6 respectively. The income of the consumer is 120. Calculate the ...
Which of the following statement is correct
Statement 1: Laffer Curve shows relationship between tax rates and the amount of tax revenue collect...
The Economic Survey 2023-24 highlights the performance of India's agriculture sector. What was the average annual growth rate of the agriculture sector ...