A Lerner Index of 0 indicates perfect competition, where the price equals marginal cost, and firms have no market power to mark up prices above its cost. Formula of Learner index is à L= ((P-MC)/P) = 1/e, where e is the price elasticity of demand.
In a class of 24 students, Divya is sixth from the left and Rohan is three places to the right of Divya, and Amit is two places to the left of Rohan. Wh...
Mahesh ranked 17th from the top and 31th from the bottom among those who passed an examination. 5 boys did not participate in the competition and 4 fail...
What is the probable age of F?
Divisha is 47th from the left end of a row of 80 students and Praful is 59th from the right end in the same row. How many students...
In a class of students, Rajesh ranks 15th from the top and Prakash ranks 25th from the bottom. Gyan is on the 10th place ahead of Prakash. If there are ...
Who is the heaviest person?
In a class of 10 boys and 7 girls Reshma’s rank is 8th from the front. If there are 4 boys and 2 girls between Reshma and Ram whose rank is 8th am...
Devi is elder than Mahima. Kanta is elder than Mahima but younger than Devi. Pragya is younger than Mahima and Hemant is elder than only Mahima and Prag...
Among Jyoti, Kaya, Lovely, Mahesh and Nalini each of them is different height.
Mahesh’s height is more than only three persons. Kaya’s height...
Among seven friends S, T, U, V, W, X and Y. T is taller than only four other friends. U is taller than V. S is taller than X. W is taller than one perso...
