Alarms from 3 different clocks sound after every 2, 4 and 6 hours, respectively. If the clocks are startedat the same 6 time, how many times do the alarms ring together in 3 days?
A company faces a -2.5 price elasticity of demand for its product. It is presently selling 10,000 units/month. If it wants to increase quantity sold by 6%, it must lower its price by
If price of an article decreases from Rs 100 to Rs 80, when quantity demanded increases from Q1 units to 4600 units, and if point elasticity of demand is 0.75 find Q1?