Question

Q.2) In the production of a chemical product the condensing temperature (T.C) is critical in influential
the quality of the end product. T is considered as a uniformly distributed random variable over 150-C
to 300-C. It costs 1470 to produce 1 litre of chemical product. If the product condenses at
temperatures less than 200°C the product sells for * 2200 per liter. If it condenses at a temperature
greater than 200-C it sells for 2750 per litre. Find the expected net profit per litre.​

Answer 1

Answer:

In an economy the equilibrium level of income is Rs. 1000 crore. Due to change in autonomous

expenditure by Rs. 1000 crore, the aggregate demand curve shifts upward parallel to itself with

slope remaining the same at a value of 0.8. The new equilibrium level of income will be

into trinae it will lead to