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Let the original selling price be Rs. 21x New selling price = (16/21) × 21x = Rs. 16x Now, cost price of the article = 16x/0.8 = Rs. 20x Required profit percent = [(21x – 20x)/20x] × 100 = 5%
Refer to the below table and calculate the NNPmp
If following is a payoff (profit) matrix for Firm A and B. What should be strategy for Firm A. first number is for Firm A and second is for Firm B.
Which of the following would shift the ‘Marginal Efficiency of Investment’ (MEI) schedule to the right?
For the regression line of y on x, 2x+7y+32=0, find the value of byx.
If 50 percent of the families in a certain city subscribe to the morning newspaper, 65 percent of the families subscribe to the afternoon newspaper and ...
Which of the following is a possible change in total revenue that occurs if you increase the price of a good with unit elasticity?
Consider an economy described by the following equations:
C = 100 + 0.6 ∗ (Y − T) (consumption function)
Consider an exchange economy with two agents, 1 and 2, and two goods, X and Y. Each agent's consumption set is in +R2. The endowments of agents 1 and 2 ...
What will be the value of P(not E) if P(E) = 0.07?
