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ATQ, Let the number of students in the class be ‘100x’. Number of girls in the class = 100x × 0.40 = ‘40x’ Number of girls who can read = 40x × 0.75 = ‘30x’ ATQ: 30x = 108 Or, x = 3.6 So, the number of students in the class = 3.6 × 100 = 360 Alternate solution: Number of students in the class = 108 ÷ 0.75 ÷ 0.40 = 360
Information for pricing decision involves
Who introduced the concept of elasticity of demand?
Movement along a demand curve as a result of change in price is known as
Concept of 'Consumer's Surplus' was evolved by
When AR is constant, MR is
Diamond-water paradox establishes the fact that
Demand analysis includes
Economics of scale means
Under price discrimination, price will be higher in the market where demand is
Dynamic forces operating in the economy create various kinds of economic fluctuations which are termed as trends in the economy. Which of the following...