Question
15 people can paint a house in 5 days using 15
paintbrushes. In how many days can 10 people paint the same house using p paintbrushes?Solution
15×5 =y ×10 x =7.5 days.
As per the regression data available: Wage = 11 + 0.24age - 0.23Illiterate + 0.14Married - 0.27Married*Illiterate, where the variables are self-e...
The 2nd phase (diminishing returns to a factor) is exhibited by the following total product sequence:
An employee has a basic pay of Rs. 12000 and a D.A. of 12% in 1997. If the employee should get a 5% rise in real income each year, what should be the DA...
The arithmetic mean of the two regression coefficients is greater than or equal to:
If factor cost is greater than Market price, then it means that:
Within a country, the domestic price of a product will equal the world price if
In a perfectly competitive market, a firm’s long run supply curve is
Holly, Brian, Fred, Tracy, and Melanie have income elasticities for veggie burgers as given below:
Person Income elasticity ...
What is the Balance of current account in the above table?
A firm sells 40 units of commodity X when its price is 10. At what price it will sell 60 units of the commodity if its price elasticity of supply is 0....
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