Question
Distinguish among total, average and marginal revenue curves.

Answer

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To check the quality of two brands of lightbulbs, their life in burning hours was estimated as under for 100 bulbs of each brand.
Life
No. of bulbs
(in hrs.)
Brand A
Brand B
0-50
15
2
50-100
20
8
100-150
18
60
150-200
25
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200-250
22
5
 
100
100
  1. Which brand gives higher life?
  2. Which brand is more dependable?
Percentage distribution of export of India is given below. Construct a pie diagram using this data.
Commodity Group
Export (in %)
Agriculture
17.3
Minerals
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Manufactured goods
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Petroleum products
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Total
100
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171012
2689
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4445
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