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Let the number A, B and C be 10a , 12a and 17a respectively Then from the question 10a + 12a + 17a = 429 a = 429/39 = 11 Required ratio = (12 × 11 – 10 × 11)/(17 × 11 – 12 × 11) = 2:5
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 ...