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M + N = 88 52 + N = 88 N = 88 – 52 = 36. N + P = 66 36 + P = 66 P = 66 – 36 = 30. L will have number of sweets between 30 and 36. M has more sweets than N but less than K. L doesn’t have lowest number of sweets but less than N. N doesn’t have 4th highest number of sweets. K > M > N > L J has more sweets than P but less than O. O has more sweets than N but less than M. Carton, which has 2nd highest number of sweets, has 52 sweets. K > M (52) > O > N > J > L > P The final arrangement is as follow: K > M (52) > O > J > N > L > P
Under Monopoly the supply curve is absent because?
Sonia has decided to always spend one-tenth of her income on shoes. Her income and price elasticities of demand for shoes are
For which preferences the income offer curve and the price offer curve are equal?
Probability machine A fails = 40% and machine B fails = 50%. What is the probability plant will work when both machines work well?