CAT Exam  >  CAT Questions  >  For a particular industry, Supply Efficiency ... Start Learning for Free
For a particular industry, Supply Efficiency is measured in terms of the actual supply of a product as a percentage of its demand. Similarly, the Market Potential measures the demand for a product compared in percentage terms to the production capacity for that product. The graph below shows the Supply Efficiency and Market Potential for a product in this industry. 
 
 
 
Q. If the Production Capacity of the industry remains constant at 1 lakh tons every year, what is the average supply (in tons) for the given period?
  • a)
    53750
  • b)
    75300
  • c)
    57730
  • d)
    55350 
Correct answer is option 'A'. Can you explain this answer?
Verified Answer
For a particular industry, Supply Efficiency is measured in terms of t...
Supply for 2012 = 65% of 80% of 100000 = 52000 tons. Supply for 2013 = 70% of 90% of 100000 = 63000 tons. Supply for 2014 = 60% of 80% of 100000 = 48000 tons. Supply for 2015 = 80% of 65% of 100000 = 52000. tons Average = (52000 + 63000 + 48000 + 52000)/4 = 53750 tons Hence, option 1.
This question is part of UPSC exam. View all CAT courses
Explore Courses for CAT exam

Similar CAT Doubts

For a particular industry, Supply Efficiency is measured in terms of the actual supply of a product as a percentage of its demand. Similarly, the Market Potential measures the demand for a product compared in percentage terms to the production capacity for that product. The graph below shows the Supply Efficiency and Market Potential for a product in this industry.Q. If the Production Capacity of the industry remains constant at 1 lakh tons every year, what is the average supply (in tons) for the given period?a)53750b)75300c)57730d)55350Correct answer is option 'A'. Can you explain this answer?
Question Description
For a particular industry, Supply Efficiency is measured in terms of the actual supply of a product as a percentage of its demand. Similarly, the Market Potential measures the demand for a product compared in percentage terms to the production capacity for that product. The graph below shows the Supply Efficiency and Market Potential for a product in this industry.Q. If the Production Capacity of the industry remains constant at 1 lakh tons every year, what is the average supply (in tons) for the given period?a)53750b)75300c)57730d)55350Correct answer is option 'A'. Can you explain this answer? for CAT 2025 is part of CAT preparation. The Question and answers have been prepared according to the CAT exam syllabus. Information about For a particular industry, Supply Efficiency is measured in terms of the actual supply of a product as a percentage of its demand. Similarly, the Market Potential measures the demand for a product compared in percentage terms to the production capacity for that product. The graph below shows the Supply Efficiency and Market Potential for a product in this industry.Q. If the Production Capacity of the industry remains constant at 1 lakh tons every year, what is the average supply (in tons) for the given period?a)53750b)75300c)57730d)55350Correct answer is option 'A'. Can you explain this answer? covers all topics & solutions for CAT 2025 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for For a particular industry, Supply Efficiency is measured in terms of the actual supply of a product as a percentage of its demand. Similarly, the Market Potential measures the demand for a product compared in percentage terms to the production capacity for that product. The graph below shows the Supply Efficiency and Market Potential for a product in this industry.Q. If the Production Capacity of the industry remains constant at 1 lakh tons every year, what is the average supply (in tons) for the given period?a)53750b)75300c)57730d)55350Correct answer is option 'A'. Can you explain this answer?.
Solutions for For a particular industry, Supply Efficiency is measured in terms of the actual supply of a product as a percentage of its demand. Similarly, the Market Potential measures the demand for a product compared in percentage terms to the production capacity for that product. The graph below shows the Supply Efficiency and Market Potential for a product in this industry.Q. If the Production Capacity of the industry remains constant at 1 lakh tons every year, what is the average supply (in tons) for the given period?a)53750b)75300c)57730d)55350Correct answer is option 'A'. Can you explain this answer? in English & in Hindi are available as part of our courses for CAT. Download more important topics, notes, lectures and mock test series for CAT Exam by signing up for free.
Here you can find the meaning of For a particular industry, Supply Efficiency is measured in terms of the actual supply of a product as a percentage of its demand. Similarly, the Market Potential measures the demand for a product compared in percentage terms to the production capacity for that product. The graph below shows the Supply Efficiency and Market Potential for a product in this industry.Q. If the Production Capacity of the industry remains constant at 1 lakh tons every year, what is the average supply (in tons) for the given period?a)53750b)75300c)57730d)55350Correct answer is option 'A'. Can you explain this answer? defined & explained in the simplest way possible. Besides giving the explanation of For a particular industry, Supply Efficiency is measured in terms of the actual supply of a product as a percentage of its demand. Similarly, the Market Potential measures the demand for a product compared in percentage terms to the production capacity for that product. The graph below shows the Supply Efficiency and Market Potential for a product in this industry.Q. If the Production Capacity of the industry remains constant at 1 lakh tons every year, what is the average supply (in tons) for the given period?a)53750b)75300c)57730d)55350Correct answer is option 'A'. Can you explain this answer?, a detailed solution for For a particular industry, Supply Efficiency is measured in terms of the actual supply of a product as a percentage of its demand. Similarly, the Market Potential measures the demand for a product compared in percentage terms to the production capacity for that product. The graph below shows the Supply Efficiency and Market Potential for a product in this industry.Q. If the Production Capacity of the industry remains constant at 1 lakh tons every year, what is the average supply (in tons) for the given period?a)53750b)75300c)57730d)55350Correct answer is option 'A'. Can you explain this answer? has been provided alongside types of For a particular industry, Supply Efficiency is measured in terms of the actual supply of a product as a percentage of its demand. Similarly, the Market Potential measures the demand for a product compared in percentage terms to the production capacity for that product. The graph below shows the Supply Efficiency and Market Potential for a product in this industry.Q. If the Production Capacity of the industry remains constant at 1 lakh tons every year, what is the average supply (in tons) for the given period?a)53750b)75300c)57730d)55350Correct answer is option 'A'. Can you explain this answer? theory, EduRev gives you an ample number of questions to practice For a particular industry, Supply Efficiency is measured in terms of the actual supply of a product as a percentage of its demand. Similarly, the Market Potential measures the demand for a product compared in percentage terms to the production capacity for that product. The graph below shows the Supply Efficiency and Market Potential for a product in this industry.Q. If the Production Capacity of the industry remains constant at 1 lakh tons every year, what is the average supply (in tons) for the given period?a)53750b)75300c)57730d)55350Correct answer is option 'A'. Can you explain this answer? tests, examples and also practice CAT tests.
Explore Courses for CAT exam

Top Courses for CAT

Explore Courses
Signup for Free!
Signup to see your scores go up within 7 days! Learn & Practice with 1000+ FREE Notes, Videos & Tests.
10M+ students study on EduRev