Question
The time taken by βAβ to build a wall alone is 20%
more than the time taken by him to build it along with βBβ. βBβ will take how much percent more time to build the same wall than the time taken by him to build it along with βAβ?Solution
Let the work βAβ and βBβ, can do in 1 day be βaβ units and βbβ units, respectively. Let they takes βpβ days to build the wall, together Therefore, Total work = (a + b) Γ p units β¦β¦.. (1) According to the question, Time taken by βAβ to build the wall alone = 1.20p days Therefore, total work = 1.20p Γ a unitsβ¦.. (2) From equation (1) and (2), we get 5b = a Therefore, total work to be done = (a + b) Γ p = 6bp units Time taken by 'B' to build the wall = 6bp/b = 6p days Therefore, required percentage = (6p β p)/p} Γ 100 = 500% more time
The Phillips curve shows the trade-off between ----- and -----?
Consider a Solovian economy with the aggregate production function Yt Β = K1/2l1/2 β . The initial size of the population is 100...
Which scenario best describes the 'trilemma' or 'impossible trinity' in the context of the Mundell-Fleming Model?
When a straight-line demand curve is tangent to curvilinear demand curve then the elasticity of the curves at point of tangency is
According to the Travel Cost Method (TCM) in economic valuation, which of the following is typically included in the calculation of "Travel Cost"?
What is the minimum asset size required for a company to be classified as a Core Investment Company (CIC) in India?
In the context of the IS-LM model, a simultaneous increase in government spending and the money supply will most likely lead to:

The 2nd phase (diminishing returns to a factor) is exhibited by the following total product sequence