Re: JNU 2001 part 2 discussion

Posted by Homer Simpson on May 08, 2014; 12:04pm
URL: http://discussion-forum.276.s1.nabble.com/JNU-2001-part-2-discussion-tp7588868p7588997.html

Hi Bhavya, please check out that question u answered about Income consumption curves. There is some confusion about it.

Also, for 6, this is how i did it

let a and b represent the cropped area of food-grains and non-food grains in period I
and similarly, let a' and b' for Period II

Now we have these equations,

              b' = (3/2)b and (3/8)(a'+b') = b' and, a'+b' = (6/5)(a+b)

now find a and a' in terms of b. after this, use the usual percentage formula to get the change in a