Question
Discuss briefly the nature of statistics.
Generate a complete, print-ready paper with questions like this in minutes — across 16+ boards, with answer keys.
| Units of Labour | Total Product | Average Product | Marginal Product |
| 1 | 40 | - | - |
| 2 | - | - | 60 |
| 3 | - | - | 50 |
| 4 | 180 | - | - |
| 5 | - | 36 | - |
| 6 | - | - | -18 |
| L | 1 | 2 | 3 | 4 | 5 | 6 |
| MP<sub>L</sub> | 3 | 5 | 7 | 5 | 3 | 1 |

From the following table prepare demand schedule for household B, given demand schedule of household A, C and market demand schedule.
| Price (₹) | Household A (Units) | Household B (Units) | Household C (Units) | Market Demand (Units) |
| 7 | 6 | - | 11 | 26 |
| 6 | 8 | - | 16 | 36 |
| 5 | 12 | - | 22 | 51 |
| 4 | 17 | - | 30 | 71 |
| 3 | 24 | - | 42 | 98 |