{"id":5316,"date":"2016-05-23T11:49:00","date_gmt":"2016-05-23T06:19:00","guid":{"rendered":"http:\/\/mycbseguide.com\/blog\/ncert-solutions-class-12-eco-micro-06-non-competitive-markets\/"},"modified":"2018-10-22T15:40:19","modified_gmt":"2018-10-22T10:10:19","slug":"ncert-solutions-class-12-economics-non-competitive-markets","status":"publish","type":"post","link":"https:\/\/mycbseguide.com\/blog\/ncert-solutions-class-12-economics-non-competitive-markets\/","title":{"rendered":"NCERT Solutions class 12 Economics Non Competitive Markets"},"content":{"rendered":"<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_76 counter-hierarchy ez-toc-counter ez-toc-grey ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title\" style=\"cursor:inherit\">Table of Contents<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" aria-label=\"Toggle Table of Content\"><span class=\"ez-toc-js-icon-con\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/span><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 eztoc-toggle-hide-by-default' ><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/mycbseguide.com\/blog\/ncert-solutions-class-12-economics-non-competitive-markets\/#Microeconomics\" >Microeconomics<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/mycbseguide.com\/blog\/ncert-solutions-class-12-economics-non-competitive-markets\/#Macroeconomics\" >Macroeconomics<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/mycbseguide.com\/blog\/ncert-solutions-class-12-economics-non-competitive-markets\/#CHAPTER_FIVE_Non_Competitive_Markets\" >CHAPTER FIVE\u00a0Non Competitive Markets<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/mycbseguide.com\/blog\/ncert-solutions-class-12-economics-non-competitive-markets\/#NCERT_Solutions_class_12_Economics_Non_Competitive_Markets\" >NCERT Solutions class 12 Economics Non Competitive Markets<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/mycbseguide.com\/blog\/ncert-solutions-class-12-economics-non-competitive-markets\/#NCERT_Solutions_for_Class_12_Economics\" >NCERT Solutions for Class 12 Economics<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-6\" href=\"https:\/\/mycbseguide.com\/blog\/ncert-solutions-class-12-economics-non-competitive-markets\/#CBSE_App_for_Students\" >CBSE App for Students<\/a><\/li><\/ul><\/nav><\/div>\n<p>NCERT Solutions class 12 Economics Non Competitive Markets Class 12 Economics book solutions are available in PDF format for free download. These ncert book chapter wise questions and answers are very helpful for CBSE board exam. CBSE recommends NCERT books and most of the questions in CBSE exam are asked from NCERT text books. Class 12 Economics chapter wise NCERT solution for Economics part 1 and Economics part 2 for all the chapters can be downloaded from our website and myCBSEguide mobile app for free.<\/p>\n<p><strong>Download\u00a0<a href=\"https:\/\/mycbseguide.com\/downloads\/cbse-class-12-economics\/1327\/ncert-solutions\/5\/\">NCERT solutions for Macro Introduction\u00a0<\/a>\u00a0as PDF.<\/strong><\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"alignright\" src=\"https:\/\/media-mycbseguide.s3.ap-south-1.amazonaws.com\/images\/blog\/12%20Economics%20Book%20pic.jpg\" alt=\"NCERT Solutions class 12 Economics Micro Introduction\" width=\"131\" height=\"171\" \/><\/p>\n<h3><span class=\"ez-toc-section\" id=\"Microeconomics\"><\/span><strong>Microeconomics<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<ul>\n<li>Introduction<\/li>\n<li>Theory o Consumer Behavior<\/li>\n<li>Production and Costs<\/li>\n<li>Theory of Firm Under Perfect Competition<\/li>\n<li>Market Competition<\/li>\n<li>Non Competitive Markets<\/li>\n<\/ul>\n<h3><span class=\"ez-toc-section\" id=\"Macroeconomics\"><\/span><strong>Macroeconomics<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<ul>\n<li>Introduction<\/li>\n<li>National Income Accounting<\/li>\n<li>Money and Banking<\/li>\n<li>Income Determination<\/li>\n<li>Government Budget and Economy<\/li>\n<li>Open Economy Macroeconomics<\/li>\n<\/ul>\n<h2><span class=\"ez-toc-section\" id=\"CHAPTER_FIVE_Non_Competitive_Markets\"><\/span><strong>CHAPTER FIVE\u00a0<\/strong><strong>Non Competitive Markets<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<ol>\n<li>Simple Monopoly in the Commodity Market\n<ol>\n<li>Market Demand Curve is the Average Revenue Curve<\/li>\n<li>Total, Average and Marginal Revenues<\/li>\n<li>Marginal Revenue and Price Elasticity of Demand<\/li>\n<li>Short Run Equilibrium of the Monopoly Firm<\/li>\n<\/ol>\n<\/li>\n<li>Other Non-perfectly Competitive Markets\n<ol>\n<li>Monopolistic Competition<\/li>\n<li>How do Firms behave in Oligopoly?<\/li>\n<\/ol>\n<\/li>\n<\/ol>\n<h2><span class=\"ez-toc-section\" id=\"NCERT_Solutions_class_12_Economics_Non_Competitive_Markets\"><\/span>NCERT Solutions class 12 Economics Non Competitive Markets<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p style=\"text-align: justify;\">1. What would be the shape of the demand curve so that the total revenue curve is<\/p>\n<p style=\"text-align: justify;\">(a) a positively sloped straight line passing through the origin?<\/p>\n<p style=\"text-align: justify;\">(b) a horizontal line?<\/p>\n<p style=\"text-align: justify;\">2. From the schedule provided below calculate the total revenue, demand curve and the price elasticity of demand:<\/p>\n<table style=\"height: 74px;\" border=\"1\" width=\"758\" cellspacing=\"0\" cellpadding=\"0\">\n<tbody>\n<tr>\n<td style=\"width: 107.75pt;\">\n<p style=\"text-align: justify;\">Quantity<\/p>\n<\/td>\n<td style=\"width: 31.5pt;\">\n<p style=\"text-align: justify;\">1<\/p>\n<\/td>\n<td style=\"width: 27.0pt;\">\n<p style=\"text-align: justify;\">2<\/p>\n<\/td>\n<td style=\"width: 27.0pt;\">\n<p style=\"text-align: justify;\">3<\/p>\n<\/td>\n<td style=\"width: 31.5pt;\">\n<p style=\"text-align: justify;\">4<\/p>\n<\/td>\n<td style=\"width: 27.0pt;\">\n<p style=\"text-align: justify;\">5<\/p>\n<\/td>\n<td style=\"width: 27.0pt;\">\n<p style=\"text-align: justify;\">6<\/p>\n<\/td>\n<td style=\"width: 27.0pt;\">\n<p style=\"text-align: justify;\">7<\/p>\n<\/td>\n<td style=\"width: 27.0pt;\">\n<p style=\"text-align: justify;\">8<\/p>\n<\/td>\n<td style=\"width: 31.5pt;\">\n<p style=\"text-align: justify;\">9<\/p>\n<\/td>\n<\/tr>\n<tr>\n<td style=\"width: 107.75pt;\">\n<p style=\"text-align: justify;\">Marginal Revenue<\/p>\n<\/td>\n<td style=\"width: 31.5pt;\">\n<p style=\"text-align: justify;\">10<\/p>\n<\/td>\n<td style=\"width: 27.0pt;\">\n<p style=\"text-align: justify;\">6<\/p>\n<\/td>\n<td style=\"width: 27.0pt;\">\n<p style=\"text-align: justify;\">2<\/p>\n<\/td>\n<td style=\"width: 31.5pt;\">\n<p style=\"text-align: justify;\">2<\/p>\n<\/td>\n<td style=\"width: 27.0pt;\">\n<p style=\"text-align: justify;\">2<\/p>\n<\/td>\n<td style=\"width: 27.0pt;\">\n<p style=\"text-align: justify;\">0<\/p>\n<\/td>\n<td style=\"width: 27.0pt;\">\n<p style=\"text-align: justify;\">0<\/p>\n<\/td>\n<td style=\"width: 27.0pt;\">\n<p style=\"text-align: justify;\">0<\/p>\n<\/td>\n<td style=\"width: 31.5pt;\">\n<p style=\"text-align: justify;\">-5<\/p>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p style=\"text-align: justify;\">3. What is the value of the MR when the demand curve is elastic?<\/p>\n<p style=\"text-align: justify;\">4: A monopoly firm has a total fixed cost of\u00a0Rs\u00a0100 and has the following demand schedule:<\/p>\n<table style=\"height: 91px;\" border=\"1\" width=\"765\" cellspacing=\"0\" cellpadding=\"0\">\n<tbody>\n<tr>\n<td style=\"width: 103.5pt;\">\n<p style=\"text-align: justify;\">Quantity<\/p>\n<\/td>\n<td style=\"width: .5in;\">\n<p style=\"text-align: justify;\">1<\/p>\n<\/td>\n<td style=\"width: 31.5pt;\">\n<p style=\"text-align: justify;\">2<\/p>\n<\/td>\n<td style=\"width: 31.5pt;\">\n<p style=\"text-align: justify;\">3<\/p>\n<\/td>\n<td style=\"width: 31.5pt;\">\n<p style=\"text-align: justify;\">4<\/p>\n<\/td>\n<td style=\"width: 31.5pt;\">\n<p style=\"text-align: justify;\">5<\/p>\n<\/td>\n<td style=\"width: 31.5pt;\">\n<p style=\"text-align: justify;\">6<\/p>\n<\/td>\n<td style=\"width: 27.0pt;\">\n<p style=\"text-align: justify;\">7<\/p>\n<\/td>\n<td style=\"width: 25.5pt;\">\n<p style=\"text-align: justify;\">8<\/p>\n<\/td>\n<td style=\"width: 24.1pt;\">\n<p style=\"text-align: justify;\">9<\/p>\n<\/td>\n<td style=\"width: 26.65pt;\">\n<p style=\"text-align: justify;\">10<\/p>\n<\/td>\n<\/tr>\n<tr>\n<td style=\"width: 103.5pt;\">\n<p style=\"text-align: justify;\">Marginal Revenue<\/p>\n<\/td>\n<td style=\"width: .5in;\">\n<p style=\"text-align: justify;\">100<\/p>\n<\/td>\n<td style=\"width: 31.5pt;\">\n<p style=\"text-align: justify;\">90<\/p>\n<\/td>\n<td style=\"width: 31.5pt;\">\n<p style=\"text-align: justify;\">80<\/p>\n<\/td>\n<td style=\"width: 31.5pt;\">\n<p style=\"text-align: justify;\">70<\/p>\n<\/td>\n<td style=\"width: 31.5pt;\">\n<p style=\"text-align: justify;\">60<\/p>\n<\/td>\n<td style=\"width: 31.5pt;\">\n<p style=\"text-align: justify;\">50<\/p>\n<\/td>\n<td style=\"width: 27.0pt;\">\n<p style=\"text-align: justify;\">40<\/p>\n<\/td>\n<td style=\"width: 25.5pt;\">\n<p style=\"text-align: justify;\">30<\/p>\n<\/td>\n<td style=\"width: 24.1pt;\">\n<p style=\"text-align: justify;\">20<\/p>\n<\/td>\n<td style=\"width: 26.65pt;\">\n<p style=\"text-align: justify;\">10<\/p>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p style=\"text-align: justify;\">Find the short run equilibrium quantity, price and total profit. What would be the equilibrium in the long run? In case the total cost is\u00a0Rs\u00a01000, describe the equilibrium in the short run and in the long run.<\/p>\n<p style=\"text-align: justify;\">5. If the monopolist firm of Exercise 3, was a public sector firm. The government set a rule for its manager to accept the government fixed price as given (i.e. to be a price taker and therefore behave as a firm in a perfectly competitive market). And the government decide to set the price so that demand and supply in the market are equal. What would be the equilibrium price, quantity and profit in this case?<\/p>\n<p style=\"text-align: justify;\">6. Comment on the shape of MR curve in case when TR curve is a<\/p>\n<p style=\"text-align: justify;\">(a) positively sloped straight line<\/p>\n<p style=\"text-align: justify;\">(b) horizontal straight line<\/p>\n<p style=\"text-align: justify;\">7. The market demand curve for a commodity and the total cost for a monopoly firm producing the commodity is given in the schedules below.<\/p>\n<table style=\"height: 62px;\" border=\"1\" width=\"750\" cellspacing=\"0\" cellpadding=\"0\">\n<tbody>\n<tr>\n<td style=\"height: 12.4pt; width: 55.35pt;\">\n<p style=\"text-align: justify;\">Quantity<\/p>\n<\/td>\n<td style=\"height: 12.4pt; width: 24.1pt;\">\n<p style=\"text-align: justify;\">0<\/p>\n<\/td>\n<td style=\"height: 12.4pt; width: 24.1pt;\">\n<p style=\"text-align: justify;\">1<\/p>\n<\/td>\n<td style=\"height: 12.4pt; width: 24.1pt;\">\n<p style=\"text-align: justify;\">2<\/p>\n<\/td>\n<td style=\"height: 12.4pt; width: 24.1pt;\">\n<p style=\"text-align: justify;\">3<\/p>\n<\/td>\n<td style=\"height: 12.4pt; width: 24.1pt;\">\n<p style=\"text-align: justify;\">4<\/p>\n<\/td>\n<td style=\"height: 12.4pt; width: 24.1pt;\">\n<p style=\"text-align: justify;\">5<\/p>\n<\/td>\n<td style=\"height: 12.4pt; width: 24.1pt;\">\n<p style=\"text-align: justify;\">6<\/p>\n<\/td>\n<td style=\"height: 12.4pt; width: 24.1pt;\">\n<p style=\"text-align: justify;\">7<\/p>\n<\/td>\n<td style=\"height: 12.4pt; width: 24.1pt;\">\n<p style=\"text-align: justify;\">8<\/p>\n<\/td>\n<\/tr>\n<tr>\n<td style=\"height: 13.0pt; width: 55.35pt;\">\n<p style=\"text-align: justify;\">Price<\/p>\n<\/td>\n<td style=\"height: 13.0pt; width: 24.1pt;\">\n<p style=\"text-align: justify;\">52<\/p>\n<\/td>\n<td style=\"height: 13.0pt; width: 24.1pt;\">\n<p style=\"text-align: justify;\">44<\/p>\n<\/td>\n<td style=\"height: 13.0pt; width: 24.1pt;\">\n<p style=\"text-align: justify;\">37<\/p>\n<\/td>\n<td style=\"height: 13.0pt; width: 24.1pt;\">\n<p style=\"text-align: justify;\">31<\/p>\n<\/td>\n<td style=\"height: 13.0pt; width: 24.1pt;\">\n<p style=\"text-align: justify;\">26<\/p>\n<\/td>\n<td style=\"height: 13.0pt; width: 24.1pt;\">\n<p style=\"text-align: justify;\">22<\/p>\n<\/td>\n<td style=\"height: 13.0pt; width: 24.1pt;\">\n<p style=\"text-align: justify;\">19<\/p>\n<\/td>\n<td style=\"height: 13.0pt; width: 24.1pt;\">\n<p style=\"text-align: justify;\">16<\/p>\n<\/td>\n<td style=\"height: 13.0pt; width: 24.1pt;\">\n<p style=\"text-align: justify;\">13<\/p>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<table style=\"height: 90px;\" border=\"1\" width=\"753\" cellspacing=\"0\" cellpadding=\"0\">\n<tbody>\n<tr>\n<td style=\"height: 12.4pt; width: 55.35pt;\">\n<p style=\"text-align: justify;\">Quantity<\/p>\n<\/td>\n<td style=\"height: 12.4pt; width: 24.1pt;\">\n<p style=\"text-align: justify;\">0<\/p>\n<\/td>\n<td style=\"height: 12.4pt; width: 24.1pt;\">\n<p style=\"text-align: justify;\">1<\/p>\n<\/td>\n<td style=\"height: 12.4pt; width: 24.1pt;\">\n<p style=\"text-align: justify;\">2<\/p>\n<\/td>\n<td style=\"height: 12.4pt; width: 30.75pt;\">\n<p style=\"text-align: justify;\">3<\/p>\n<\/td>\n<td style=\"height: 12.4pt; width: 30.75pt;\">\n<p style=\"text-align: justify;\">4<\/p>\n<\/td>\n<td style=\"height: 12.4pt; width: 30.75pt;\">\n<p style=\"text-align: justify;\">5<\/p>\n<\/td>\n<td style=\"height: 12.4pt; width: 30.75pt;\">\n<p style=\"text-align: justify;\">6<\/p>\n<\/td>\n<td style=\"height: 12.4pt; width: 30.75pt;\">\n<p style=\"text-align: justify;\">7<\/p>\n<\/td>\n<td style=\"height: 12.4pt; width: 30.75pt;\">\n<p style=\"text-align: justify;\">8<\/p>\n<\/td>\n<\/tr>\n<tr>\n<td style=\"height: 13.0pt; width: 55.35pt;\">\n<p style=\"text-align: justify;\">Price<\/p>\n<\/td>\n<td style=\"height: 13.0pt; width: 24.1pt;\">\n<p style=\"text-align: justify;\">10<\/p>\n<\/td>\n<td style=\"height: 13.0pt; width: 24.1pt;\">\n<p style=\"text-align: justify;\">60<\/p>\n<\/td>\n<td style=\"height: 13.0pt; width: 24.1pt;\">\n<p style=\"text-align: justify;\">90<\/p>\n<\/td>\n<td style=\"height: 13.0pt; width: 30.75pt;\">\n<p style=\"text-align: justify;\">100<\/p>\n<\/td>\n<td style=\"height: 13.0pt; width: 30.75pt;\">\n<p style=\"text-align: justify;\">102<\/p>\n<\/td>\n<td style=\"height: 13.0pt; width: 30.75pt;\">\n<p style=\"text-align: justify;\">105<\/p>\n<\/td>\n<td style=\"height: 13.0pt; width: 30.75pt;\">\n<p style=\"text-align: justify;\">109<\/p>\n<\/td>\n<td style=\"height: 13.0pt; width: 30.75pt;\">\n<p style=\"text-align: justify;\">115<\/p>\n<\/td>\n<td style=\"height: 13.0pt; width: 30.75pt;\">\n<p style=\"text-align: justify;\">125<\/p>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p style=\"text-align: justify;\">Use the information given to calculate the following:<\/p>\n<p style=\"text-align: justify;\">(a) The MR and MC schedules<\/p>\n<p style=\"text-align: justify;\">(b) The quantities for which MR and MC are equal<\/p>\n<p style=\"text-align: justify;\">(c) The equilibrium quantity of output and the equilibrium price of the commodity<\/p>\n<p style=\"text-align: justify;\">(d) The total revenue, total cost and total profit in the equilibrium<\/p>\n<p style=\"text-align: justify;\">8. Will the monopolist firm continue to produce in the short run if a loss is incurred at the best short run level of output?<\/p>\n<p style=\"text-align: justify;\">9. Explain why the demand curve facing a firm under monopolistic competition is negatively sloped.<\/p>\n<p style=\"text-align: justify;\">10. What is the reason for the long run equilibrium of a firm in monopolistic competition to be associated with zero profit?<\/p>\n<p style=\"text-align: justify;\">11. List the three different ways in which oligopoly firms may behave.<\/p>\n<p style=\"text-align: justify;\">12. If duopoly behaviour is one that is described by Cournot, the market demand curve is given by the equation\u00a0q= 200 &#8211; 4p\u00a0and both the firms have zero costs, find the quantity supplied by each firm in equilibrium and the equilibrium market price.<\/p>\n<p style=\"text-align: justify;\">13. What is meant by prices being rigid? How can oligopoly behaviour lead to such an outcome?<\/p>\n<h2><span class=\"ez-toc-section\" id=\"NCERT_Solutions_for_Class_12_Economics\"><\/span>NCERT Solutions for Class 12 Economics<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>NCERT Solutions class 12 Economics Macro Introduction PDF (Download) Free from myCBSEguide app and myCBSEguide website. Ncert solution class 12 Economics includes text book solutions from both part 1 and part 2. NCERT Solutions for CBSE Class 12 Economics have total 12 chapters. 12 Economics NCERT Solutions in PDF for free Download on our website. Ncert Economics class 12 solutions PDF and Economics ncert class 12 PDF solutions with latest modifications and as per the latest CBSE syllabus are only available in myCBSEguide<\/p>\n<h2><span class=\"ez-toc-section\" id=\"CBSE_App_for_Students\"><\/span>CBSE App for Students<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>To download\u00a0NCERT Solutions for class 12 Physics, Chemistry, Biology, History, Political Science, Economics, Geography, Computer Science, Home Science, Accountancy, Business Studies and Home Science; do check myCBSEguide app or website. myCBSEguide provides sample papers with solution, test papers for chapter-wise practice, NCERT solutions, NCERT Exemplar solutions, quick revision notes for ready reference, CBSE guess papers and CBSE important question papers. Sample Paper all are made available through\u00a0<a href=\"https:\/\/play.google.com\/store\/apps\/details?id=in.techchefs.MyCBSEGuide&amp;referrer=utm_source%3Dmycbse_bottom%26utm_medium%3Dtext%26utm_campaign%3Dmycbseads\"><strong>the best app for CBSE students<\/strong><\/a>\u00a0and myCBSEguide website.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>NCERT Solutions class 12 Economics Non Competitive Markets Class 12 Economics book solutions are available in PDF format for free download. These ncert book chapter wise questions and answers are very helpful for CBSE board exam. CBSE recommends NCERT books and most of the questions in CBSE exam are asked from NCERT text books. 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