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Start learning 50% faster. Sign in nowIn economics and particularly in consumer choice theory, the income-consumption curve is a curve in a graph in which the quantities of two goods are plotted on the two axes; the curve is the locus of points showing the consumption bundles chosen at each of various levels of income. Similarly, expansion path is a curve in a graph with quantities of two inputs, typically physical capital and labor, plotted on the axes. The path connects optimal input combinations as the scale of production expands.
The average of 20 numbers is 75. The average of the first 12 numbers is 80, while the average of the last 11 numbers is 68. If the 12th number is remove...
Average of four numbers is 16. Sum of smallest and largest number is 45. If difference between other two numbers is 1, then find the square of second sm...
Average run scored by a batsman in 20 innings is 88. In next 6 innings, he scored runs with an average of ‘x’ so that his overall average increases ...
Average of four consecutive prime numbers R1, R2, R3, and R4 is (14 + x). If the average of R1 and R2 is (11 + x) and the average of R3 and R4 is (11 + ...
A park has an average of 140 visitors on Sundays and 80 on other day. The average number of visitors in a month of 30 days starting with Sunday is
The mean of a set of 8 numbers is 80. If the average of the first four numbers and the last two numbers is 90 and 60, respectively, and the ratio of the...
There are three distinct numbers ‘a’, ‘b’ and ‘c’. If, a = 150, (a + b) = 450 and (c – b) = 60, then find the average of a, b and c.
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