Question
N, O, Q, R, S and U are standing in straight line
facing north. Who among the following is between R and U? I. U stand second to the right of R. U is an immediate neighbour of O and Q. S is second to the right of Q. II. There are three persons between O and S. O is not at the extreme ends of the row but is second to the left of Q. Each of the questions below consists of a question and two statements numbered I and II given below it. You have to decide whether the data provided in the statements are sufficient to answer the question. Read both the statements and give answer –ÂSolution
From I,
O stands between R and U. Hence statement I alone is sufficient to answer the question. From II, There is no information about R and U. So statement II alone is not sufficient to answer the question.
The following utility function represents what kind of preferences U(x,y) = x2 + y + 2xy0.5
Fisher’s cash transaction equation is expressed asÂ
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Calculate Domestic Income:
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