Question
An equilateral triangle and a rectangle have the
same perimeter. The difference between the sides of the rectangle is 5cm. If the side of the triangle is 20 cm, then find the area of the rectangle?Solution
Perimeter of the triangle = 3`xx` [if gte msEquation 12]>
Which method is used by Hicks to eliminate the income effect when price of a product is changed
Consider an economy described by the following equations:
C = 100 + 0.6 ∗ (Y − T) (consumption function)
Suppose X has income of Rs.500. He wants to maximise his expected benefit Z1/2 where Z is his money earned. He has two options, 1. Do not inv...
Which of the following statements about graphs of short-run cost curves is false?
In the case of cost-push inflation, other things being equal:
Suppose the following bilateral spot exchange rates are being quoted for the Danish krone (DKK), the US dollar (US$) and the euro (€):
US$/&...
In an economy, S=-100+0.6Y is the saving function. If investment expenditure is 1100. Calculate consumption expenditure at equilibrium level of national...
What is the Cash Reserve Ratio (CRR)?
Calculate Operating Surplus:
Items
Rs in crore
Compensation of employees
2000
Rent and interest
800<...
Consider the following Utility function U(x,y) = 4x2 + 9y2 +12xy. Here the preferences are