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Different between microeconomics and macroeconomics

Posted by Yash Bhandari 2 hours ago

CBSE > Class 11 > Economics

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In series of 18 observation £(X-8)=-9 then determine the mean of the series -3

Posted by Abha Shankar 21 hours ago

CBSE > Class 11 > Economics

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What happense when ic slops downwards

Posted by Gowri Gowri 22 hours ago

CBSE > Class 11 > Economics

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Gaurav Seth 21 hours ago

Indifference Curve Slopes Downwards :

This property implies that to increase the consumption of X good, the consumer has to reduce the consumption of Y good, so as to remain at the same level of satisfaction as shown in the given diagram:

To increase the quantity of X good from OX to

OX₁, the consumer has to reduce the quantity of good Y from OY to OY₁.

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Implications of perfect competition in forms of market

Posted by Kashish Chandila 1 day ago

CBSE > Class 11 > Economics

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What is px

Posted by Pandit Pandit 1 day, 20 hours ago

CBSE > Class 11 > Economics

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Deeya Malhotra 1 day, 18 hours ago

P(x) is the price of commodity x as in economics

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If price of mango rises demand will ?

Posted by Anjali Sudha 1 day, 20 hours ago

CBSE > Class 11 > Economics

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Sahil Kumar 1 day, 1 hour ago

Falls due to law if demand

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Deeya Malhotra 1 day, 18 hours ago

Fall due to the law of demand

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What is statistical table? Explain briefly tha main characteristics of a good statistical table.

Posted by Sahil Kumar 1 day, 21 hours ago

CBSE > Class 11 > Economics

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What is production possibility curve

Posted by Being Human 2 days, 4 hours ago

CBSE > Class 11 > Economics

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Yogita Ingle 2 days, 3 hours ago

It is a graphical representation of all the possible combinations of two goods that can be produced by optimum (fuller) utilization of available resources and given technology.
It gives us the maximum limit of goods & services that could be produced so, it is also known as Production Possibility Boundary or Production Possibility Frontier (PPF).

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Difference Between postive or normative

Posted by Aman Negi 2 days, 18 hours ago

CBSE > Class 11 > Economics

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Harman Sran 2 days, 2 hours ago

Positive economic related with past, present, future. It may be true or false . And in normative economic related with opinion economist economic problems. It involve only opinions does not true or false. It involves value judgements.

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Deeya Malhotra 2 days, 7 hours ago

Positive Economics is the real description of the economics it shows what and how the economic problems are actually solved it is not based upon individuals opinion. For example India is facing poverty Normative economics shows that how the economic problem should be solved it did not give a real description it is based on individual opinions for example India should take some steps to poverty

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Difference Between sample and census method

Posted by Aman Negi 2 days, 18 hours ago

CBSE > Class 11 > Economics

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An economy produces two goods, wheat and cloth. calculate 5he MOC of producing more cloth in place of wheat at various combinations. Draw the production possibility curve for it. wheat (in kg)- 100, 90, 70, 40, 10, 0 cloth (in metres)- 0, 40, 60, 65, 80, 88

Posted by Aaliya Shyju 2 days, 18 hours ago

CBSE > Class 11 > Economics

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an economy produces two goods, wheat and cloth. calculate the MOC of producing more cloth in place of wheat at various combinations. draw the production possibility curve for it.

Posted by Aaliya Shyju 2 days, 18 hours ago

CBSE > Class 11 > Economics

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Explain any three factor which affect the supply of a commodity

Posted by Rajju Dhve 2 days, 19 hours ago

CBSE > Class 11 > Economics

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What is mean by producers equilibrium? Explain the ways through which producer can maximize his profit

Posted by Rajju Dhve 2 days, 19 hours ago

CBSE > Class 11 > Economics

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What do you understand by the increasing returns to scale

Posted by Rajju Dhve 2 days, 19 hours ago

CBSE > Class 11 > Economics

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Explain the relationship between marginal product and average product

Posted by Rajju Dhve 2 days, 21 hours ago

CBSE > Class 11 > Economics

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Khushi Delio 2 days, 19 hours ago

When MP>AP ap rises When MP=AP AP minimum When MP

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Gaurav Seth 2 days, 21 hours ago

The marginal product (MP) and average product (AP) initially increase and then decrease due to the operation of the Law of Diminishing Marginal Returns. As long as MP is higher than AP, AP increases. At the highest point of AP, i.e. when AP is at its maximum, MP is equal to AP. When MP becomes lesser than AP, AP also starts to fall. Thereafter, both AP and MP fall, but MP becomes negative and AP remains positive. Also, MP falls at a faster rate as compared to AP.

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A consumer buys 10 units of a good at a price of Rs 6 per unit. Price Elasticity of Demand is (-) 1. At what price will he buy 12 units.Use expenditure approach of Price Elasticity of Demand to answer this question.

Posted by Patel Feza 3 days, 6 hours ago

CBSE > Class 11 > Economics

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Indian economy chapter is not ther

Posted by C. Mabusab 3 days, 9 hours ago

CBSE > Class 11 > Economics

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If demand curve is rectangular hyperbola.ED is greater than 1???

Posted by Akanksha Kumari 3 days, 22 hours ago

CBSE > Class 11 > Economics

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Gaurav Seth 3 days, 22 hours ago

When percentage change in the quantity demanded is equal to percentage change in price, then demand for such a commodity is said to be unitary elastic. In this case, Ed = 1 and the demand curve is a rectangular hyperbola. Rectangular hyperbola is a curve under which the total area at all points will be the same.

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Calculate the missing class interval from the following distribution: Class interval- below20 ;20-50 ;50-90 ;90-140; more than 140 Frequency - 7;12;16;2;4

Posted by Ankit Choudhary 4 days, 16 hours ago

CBSE > Class 11 > Economics

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Briefly explain about tabulation of data

Posted by Comdey Masti 4 days, 17 hours ago

CBSE > Class 11 > Economics

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What is the censess and sample method ,is it can be say like published or un published . ??? If ate you aggree then why and not then also why ????????? ???? Please try to answer fully if you are able then

Posted by Aarav Mishra 4 days, 18 hours ago

CBSE > Class 11 > Economics

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What is elastricity of demand

Posted by Ayush Kumar 4 days, 18 hours ago

CBSE > Class 11 > Economics

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Define classification describe briefly main objective

Posted by Monisha Saha 4 days, 19 hours ago

CBSE > Class 11 > Economics

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Scarcity and choise go together explain.

Posted by Archana Sharma 5 days, 3 hours ago

CBSE > Class 11 > Economics

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Sia 🤖 5 days, 3 hours ago

Scarcity refers to the basic economic problem, the gap between limited – that is, scarce – resources and theoretically limitless wants. Resources are not only scarce but also have alternative uses i.e., land can be used for producing wheat or for constructing warehouses or factories. Hence, it leads to a problem of choice. However, if resources were not scarce one could have anything, anytime and then there would have been no problem of choice.

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What are the features of good questonaries

Posted by Aman Negi 6 days, 18 hours ago

CBSE > Class 11 > Economics

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💖💖💖💕💞 💞💞💞 6 days, 18 hours ago

I know only one remaining you see in side book

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💖💖💖💕💞 💞💞💞 6 days, 18 hours ago

Multiple choice of question in questionnaire

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What is Microeconomics?define

Posted by Roshan Chaudhary 6 days, 21 hours ago

CBSE > Class 11 > Economics

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Silla Gayatri 5 days, 18 hours ago

Microeconomics deals with the economic issues of an individual not the country as a whole.

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Ashish Dhiman 6 days, 6 hours ago

Microeconomics deals with economic issues related to small economic units the word has been write from the greek word is 'Micro's. an individual firm, an individual household, or an individual customer is known as microeconomics.

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Whate are measurement error and recording mistakes

Posted by Aarav Mishra 6 days, 21 hours ago

CBSE > Class 11 > Economics

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Aarav Mishra 4 days, 18 hours ago

MISTAKE ERROR 1) The scale of measurement happens to be different for different enumerator ,and 2) different enumerators may be allowing different degree of approximation in their measure ment ,even while using identical scales.

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Difference between tu and mu ....

Posted by Aachal Gupta 1 week ago

CBSE > Class 11 > Economics