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ATQ Quantity of milk in 450 ml of mixture = 450 × 15/(15 + y) Quantity of water in 450 ml of mixture = 450 × y/(y + 15) According to the question: {6750/(15 + y) + 80}/{450y/(y + 15) + 70} = 3/1 Or, 6750/(15 + y) + 80 = 1350y/(y + 15) + 210 Or, (6750 – 1350y)/(y + 15) = 70 Or, 6750 – 1350y = 70y + 1050 Or, 1420y = 5700 Or, y = 4
Income effect states that as price of a good falls, demand rises since there is rise in
Due to which of the following reasons increase in absolute and per capita real GNP do not connote a higher level of economic development?
Which one of the following transactions will be considered as a transfer payment?
What should be done in an economy to reduce the effects of recession?
Which of the following is not a method to calculate GDP?
Which of the following statement best describe the role of a “deflator”?
The term ‘Gross’ is being used for Gross Domestic Product (GDP) because its computation does NOT exclude which of the following factors?
Price elasticity of demand of a horizontal demand curve is called:
Which of the following issues are the reasons behind the inflation in Indian Economy?
Which of the following should be excluded while calculating Gross national Product?