Question
State some important merits of standard deviation.
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District
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1
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2
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3
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4
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5
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6
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7
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8
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9
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10
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Wheat
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12
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10
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15
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19
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21
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16
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18
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9
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25
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10
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Rice
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22
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29
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12
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23
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18
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15
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12
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34
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18
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12
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There are four consumers of a fruit called smile. They are: Isla, Ifraah, Ila and Ibema. Their demand curves for smile are given below. Derive the market demand curve.
| Price (₹) | Quantity Demanded by Isla (Units) | Quantity Demanded by Ifraah(Units) | Quantity Demanded by Ila (Units) | Quantity Demanded by Ibema (Units) |
| 1 | 16 | 7 | 15 | 8 |
| 2 | 11 | 6 | 12 | 6 |
| 3 | 7 | 5 | 9 | 4 |
| 4 | 4 | 4 | 6 | 2 |
| 5 | 2 | 3 | 3 | 0 |
| 6 | 1 | 2 | 0 | 0 |
| Output (Units) | Total Cost (₹) | Average Variable Cost (₹) | Marginal Cost (₹) |
| 0 | 60 | - | - |
| 1 | 140 | - | - |
| 2 | 190 | - | - |
| 3 | 240 | - | - |
| 4 | 300 | - | - |