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Only two persons live below the floor on which H lives. Only one person lives between H and X. X does not live on the lowermost floor. Using the above information we can place X and H on the floor number 5 and 3 respectively. U lives on an odd numbered floor but not on floor number 7. Only two persons live between U and Y. Y does not live on the topmost floor. We can use the above information to place U and Y in the table as shown below.
B lives immediately below Z. Neither B nor C lives on floor number 6. After using the above information we can place B, Z and C in the table and here we can see that there is only spot left on the table which will be filled by last remaining member i.e. D.
Lorenz Curve is given by:
L(x) = 1/3 (X^3) + 2/3 (x^5). Calculate Gini Coefficient.
The inverse demand function for a commodity is P = 50-2Q-Q2 . Calculate the consumer surplus when quantity demanded is 5 unts.
What does the elasticity of substitution depict?
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A country is said to be in debt trap if
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Let X and Y represent prices in Rs of a commodity in Kolkata and Mumbai respectively. It is given X(bar) = 65, Y(bar) = 67, standard deviation...