Distance = 266 km Speed of train 1 = 16 km/hr Speed of train 2 = 22 km/hr Relative speed = 16 + 22 = 38 km/hr Therefore, speed = distance/time ⇒ 38 = 266/Time ⇒ Time = 266/38 = 7 hrs
Coefficient of elasticity of demand is negative. It means:
Income effect states that as price of a good falls, demand rises since there is rise in
If a 1 percent decrease in the price of a pound of squash results in a larger percentage decrease in the quantity supplied,
Which of the following issues are the reasons behind the inflation in Indian Economy?
When a price ceiling is imposed in a market,
What is the name given to the difference between value of output and value added?
Which of the following statement is correct about the situation in the economy?
Which statement is correct regarding the situation of Inflation in an Economy?
Which of the following situations will result after high growth?
The range of the correlation coefficient is?
