According to the question, {(x + 500) × 5 × 20}/100 = (2x – 1500) Or, x + 500 = 2x – 1500 Or, x = 2000 Therefore, required amount received = 3x × (1 + 40/100)2= Rs. 11760
In the case of cost-push inflation, other things being equal:
If the elasticity of demand is -2 and price charged by the firm is Rs.10 and quantity sold is 15 units. What is the Lerner’s Index of Monopoly power?...
Which of the following test is used for Multicollinearity?
The fiscal deficit is the difference between the government’s total expenditure and its total receipts excluding ______
A person who is made redundant because of the contraction of an industry is a victim of?
Market failure is the inability of
The marginal cost of production is MC=0.3x+4, determine the cost involved to increase production from 70 to 100 units.
If f(x) is continuous for all real values of x and f(x) takes on only rational values, then if f(1)=1, the value of f(0) is
In an economy, S=-100+0.6Y is the saving function. If investment expenditure is 1100. Calculate consumption expenditure at equilibrium level of national...
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