Question
The ratio of length to breadth of a rectangle is 7:8. If
the sum of the length and breadth of the rectangle is 45 cm, then find the area (cm2) of the rectangle.Solution
Let the length and breadth of the rectangle be 7x cm and 8x cm, respectively. According to the question, 7x + 8x = 45 Or, x = 45/15 = 3 Therefore, area of the rectangle = 7x × 8x = 56x2 = 504 cm2
The Stolper-Samuelson theorem is a result in international trade theory. According to this theorem, an increase in the price of a good will:
According to the Economic Survey 2023-24, what measures helped reduce core inflation in India to a four-year low in FY24?
The profit-maximizing monopolist will choose the price and quantity represented by point
Which of the following statements about graphs of short-run cost curves is false?
In the Mundell-Fleming model with a floating exchange rate and perfect capital mobility, what is the effect of an increase in the money supply?
An increase in the expected rate of inflation
Consider an economy described by the following equations:
C = 100 + 0.6 ∗ (Y − T) (consumption function)
“ All Giffen goods are inferior, but all inferior goods are not Giffen”. The statement is