Question
Pipe E can fill a tank in 40 minutes while pipe F can
fill the same tank in 50 minutes. If pipe E and F are opened simultaneously, then after how much time must pipe E be closed so that the whole tank is filled in 25 minutes?Solution
ATQ, Let the capacity of the tank = 200 liters (LCM of 40 and 50). Quantity of water filled by pipe E in one minute = 200 / 40 = 5 liters. Quantity of water filled by pipe F in one minute = 200 / 50 = 4 liters. Let pipe E be closed after βxβ minutes. So, 5x + 4 Γ (25 β x) = 200 5x + 100 - 4x = 200 x = 100 x = 100/1 x = 100 So, pipe E must be closed after 100 minutes.
Economists generally believe that making assumptions is
An economist calculated the cross-price elasticity of demand for nicknacks and gizmos and got -0.5. What can she conclude about the relationsh...
Consider the following:
Statement 1: There exists an inverse relationship between market rates of interest and price of bond
Statement 2: ...
By _____________ economists refer to an unanticipated inflation that reduces the real value of outstanding government debt.
The JAM (Jan-Dhan, Aadhaar, and Mobile) trinity has significantly contributed to which of the following in India?
Consider the following production function
Y = F(K,AL) = K1/3(AL)2/3
Calculate the steady state level of output per ...
On a graph for a monopolist or monopolistic competitor, which of the following curves coincide?
The Marshall-Lerner Condition (MLC) is required for a currency devaluation/depreciation to improve a country's trade balance (Net Exports). The conditio...
When the value of d=4, in case of Durbin-Watson Test, what should be done with the null hypothesis?
Which of the follow statements about price discrimination is not true?