Start learning 50% faster. Sign in now
A cube has sides that are 4 cm each. volume of cube = side x side x side = 4x4x4 = 64 the dimensions of a cuboid are 2 cm × 3 cm × 4 cm. volume of a cuboid = length x breadth x height = 2 × 3 × 4 = 24 Positive difference between the volume of the cube and that of the cuboid = 64-24 = 40 cm³
For normal goods, the demand curve has a/an_______ slope.
What is the likely elasticity of supply when the supply curve is a straight line, vertical to the x-axis?
A perfectly elastic demand curve is
Which of the following is/are constant along a demand curve?
(1) Income of the consumers
(2) Price of related goods
Which of the following is true as per the law of supply?
(1) There is a negative relation between quantity supplied and price
(2) The...
Which of the following is true for income elasticity of demand?
(1) It measures the responsiveness of quantity demanded of a good with respect...