Which method is used by Hicks to eliminate the income effect when price of a product is changed
Compensating variation in income method is used by Hicks to eliminate the income effect when price of a product is changed.
A mixture of 40 litres of milk and water contains 10% water. How much water should be added to it to increase the percentage of water to 25% ?
In what ratio coffee at 315 Rs/kg should be mixed with the coffee at 355 Rs/kg so that after mixture its rate become 330 Rs/kg if the quantity of 1st ty...
An alloy of copper and tin contains 65% of copper. If 12 kg of more tin is added to the alloy, the copper content gets reduced to 50%. Find the quantity...
A mixture (cola + water) contains cola and water in the ratio of 3:2. If 40 liters of the mixture is replaced with 10 liters of water, then the quantity...
A seller started with a mixture of 'l' liters containing 70% juice (and lemon). After selling 100 liters of the mixture, the seller added 40 liters of s...
A Vessel if full of milk, 5 litre of milk is taken out and replaced by water. This process is repeated once more, find the initial amount of milk in the...
Mixture ‘P’ contains alcohol and water only in the ratio 15:11 respectively while mixture ‘Q’ contains water and alcohol in the ratio of 3:5, re...
The container has 60 liters of mixture of alcohol and water in the ratio of 3:1. If 28 liters of mixture is replaced by water, then what is the ratio of...
A container contains Alcohol and water in ratio of 2:1 and Capacity of Container is 66 lit. If half of the Container is replaced with 20 lit of water th...
Mixture ‘A’ contains 80% acetone and rest 30 litres water. Mixture ‘B’ contains 72 litres acetone and rest 50% water. When two m...
