Question
A firm finds that for the product it produces, its (own)
price elasticity of demand is 4. Currently, the firm is selling 1000 units per month at Rs. 5 per unit. If it wishes to increase its sales by 10%, it mustSolution
PED = % change in qty/ % change in price 4 = 10%/% change in price % change in price = 2.5%. Since qty has increased, the price will fall by 2.5%.
Select the option that is related to the third number in the same way as the second number is related to the first number and the sixth number is relate...
Select the option in which the numbers are not related in the same way as are the number of the following set.
(520, 8, 56)
Statement:
Some keyboards are mouse
Only a few dashboards are pianos
All pianos are mouse
Conclusion:
I. All mouse be...
Select the option that is related to the third number in the same way as the second number is related to first number and the sixth number is related t...
Select the option that is related to the third term in the same way as the second term is related to the first term.
VGD: SDA:: USF : ?
Four letter-pairs have been given, out of which three are alike in some manner and one is different. Select the letter-pair that is different.
World : Nation :: House : (?)
Select the option that is related to the third number in the same way as the second number is related to the first number.
14 : 2940 :: 9 : ?<...
- Select the option that is related to the fourth term in the same way as the first term is related to the second term.
25 : 576 :: ? : 169 - Select the option that is related to fifth term in the same way as the second term is related to the first term and the fourth term is related to the third...
