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Give examples and explain floor price and price ceiling?

Posted by Anjali Gupta 6 years, 10 months ago

CBSE > Class 11 > Economics

0 answers

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Define oligopoly

Posted by Tripta Devi 6 years, 10 months ago

CBSE > Class 11 > Economics

3 answers

Vishal Biyani 6 years, 10 months ago

It is derived from two greek words oligi and polien .Oligi means only and polien means seller.so the word mean only seller.It is a type of market in which only one seller selling his product with large no.of buyers.And there is also restriction in entry and exit of firm.

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Anjali Gupta 6 years, 10 months ago

It is a form of market in which there are a few big sellers of a commodity and a large number of buyers. Each seller has a significant share of the market

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Kunal Agrawal 6 years, 10 months ago

a state of limited competition, in which a market is shared by a small number of producers or sellers.

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What is statist

Posted by Ashu Chhabra 6 years, 10 months ago

CBSE > Class 11 > Economics

1 answers

Kunal Agrawal 6 years, 10 months ago

1. an advocate of a political system in which the state has substantial centralized control over social and economic affairs

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Define a Plan.

Posted by Raghu Guru 6 years, 10 months ago

CBSE > Class 11 > Economics

2 answers

Monwara Begum 6 years, 9 months ago

A plan specifies how the resourses of a nation should be put to use . It should have some grneral goals as well as specific objectives which are to be achived within a specified period of time .

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Paras Pahal 6 years, 10 months ago

A flat surface where two lines joint a point

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What do you mean by agricultural diversificans ?what is need

Posted by Rinku Dutta 6 years, 10 months ago

CBSE > Class 11 > Economics

1 answers

Anjali Gupta 6 years, 10 months ago

Agricultural diversification is an important mechanism for economic growth. It depends, however, on there being opportunities for diversification and on farmers’ responsiveness to those opportunities Diversification in agriculture is key in achieving food security, improved human nutrition and increase in rural employment.

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Define gdp

Posted by Seema Rani 6 years, 10 months ago

CBSE > Class 11 > Economics

2 answers

Anjali Gupta 6 years, 10 months ago

The Gross Domestic Product measures the value of economic activity within a country. Strictly defined, GDP is the sum of the market values, or prices, of all final goods and services produced in an economy during a period of time.

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Gargi Dandavate 6 years, 10 months ago

The measure of an economy adopted by the United States in 1991; the total market values of goods and services produced by workers and capital within a nation's borders during a given period (usually 1 year)

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What is human capital formation

Posted by Prachi Sharma 6 years, 10 months ago

CBSE > Class 11 > Economics

2 answers

Anjali Gupta 6 years, 10 months ago

No human capital formation means :Human capital formation is the process of transforming the people in a country into workers who are capable of producing goods and services. During this process, relatively unskilled individuals are given the tools they need to contribute to the economy. It is critical to the long-term economic growth of a country, and provides the same benefits as new technologies or more efficient industrial equipment. While this process takes time, it often results in a greater standard of living for the people within a country in just a few generations, or even sooner. This process can be achieved through the use of public health policies, education or training opportunities.

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Prachi Sharma 6 years, 10 months ago

Relationship between AC and MC

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what is the effect on ppc of demonetisation

Posted by Kanta Goyal 6 years, 10 months ago

CBSE > Class 11 > Economics

2 answers

Paras Pahal 6 years, 10 months ago

It shifts leftward

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Anjali Gupta 6 years, 10 months ago

It will shift to LHS

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Find the coefficient between X and Y series from the data X 10 ,12,8,15,20,25,40 Y 15,10,6,25,16,12,8

Posted by Pooja Bhalla 6 years, 10 months ago

CBSE > Class 11 > Economics

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Explain the causes of poverty in india

Posted by Nisha Nisha 6 years, 10 months ago

CBSE > Class 11 > Economics

1 answers

Yogita Ingle 6 years, 10 months ago

The main causes of poverty in India are as follows:
(i) Slow economic growth rate: Economic growth rate during plan period was only 4.1 % whereas, population growth rate was around 1.9 % per annum. So, real per capita income increased by 1.7 % per annum. As a result, purchasing power of the people declined.
(ii) Increase in population : In India, population is increasing continuously. As a result, despite higher rate of increase in national income, per capita income is not increasing to a desired level.
(iii) Increase in unemployment: Poverty increases with the increase in unemployment. Despite best efforts made by government of India during five year plans, unemployment increased continuously.
(iv) Backwardness of Indian agriculture : Indian agriculture is backward. So, agriculture productivity in India is lower in comparison to rich countries. As a result, most of the Indian people are living below poverty line.

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Median is A) a computed average B)simple average C) weighted average

Posted by Mini Mini 6 years, 10 months ago

CBSE > Class 11 > Economics

1 answers

Pooja Bhalla 6 years, 10 months ago

Weighted. Average

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What is infrastructure??

Posted by Gurpreet Singh 6 years, 10 months ago

CBSE > Class 11 > Economics

1 answers

Rahul Yadav 6 years, 10 months ago

Infrastructure means who help in certain ways and aspect and the situation like transportation, education, insurance etc.

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Following are the marks of 15 student calculate meadian Marks-6,9,16,53,10,12,49,48,37,28,18,19,23,24,23

Posted by Simran Rani 5 years, 7 months ago

CBSE > Class 11 > Economics

1 answers

Deepak Yadav 6 years, 10 months ago

6,9,10,12,16,18,19 ,23,23,24,28,37,48,49,53 Ans : 8th term =23

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What is inferior goods ?

Posted by Vidushi Pal 6 years, 10 months ago

CBSE > Class 11 > Economics

1 answers

Yogita Ingle 6 years, 10 months ago

An inferior good is a type of good whose demand declines when income rises. In other words, demand of inferior goods is inversely related to the income of the consumer.
For example, there are two commodities in the economy -- wheat flour and jowar flour -- and consumers are consuming both. Presently both commodities face a downward sloping graph, i.e. the higher the price the lesser will be the demand and vice versa. If the income of consumer rises, then he would be more inclined towards wheat flour, which is a little costly than jowar flour.

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Discuss the main forms of table

Posted by Jatin Swami 6 years, 10 months ago

CBSE > Class 11 > Economics

1 answers

Rahul Yadav 6 years, 10 months ago

Table no., heading, stub, footnote, caption etc

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Is difference between table and tabulation

Posted by Jatin Swami 6 years, 10 months ago

CBSE > Class 11 > Economics

1 answers

Maanvi Chouhan? 6 years, 10 months ago

Table is type of flowchart and tabulation when flow chart is written in points or in very short summary

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Pie diagram solution

Posted by Ashish Rajwade 6 years, 10 months ago

CBSE > Class 11 > Economics

0 answers

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What is NSSO

Posted by Aayush Knight 6 years, 10 months ago

CBSE > Class 11 > Economics

2 answers

Ishaan Nitish 6 years, 10 months ago

National sample survey organisation it is based on survey ...... population

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Rahul Yadav 6 years, 10 months ago

It is a national sample survey organization done by the government and it is a secondary source of the data

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Explain the condition of producer 's equilibrium using MR & MC approach?

Posted by Shivam Singh 6 years, 10 months ago

CBSE > Class 11 > Economics

1 answers

Neha _ 6 years, 10 months ago

There are two condition necessary 1 At equilibrium point MR must be equal to MC 2. MC becomes greater than MR after equilibrium point

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Explain the both condition of producer equilibrium. (6)

Posted by Dolly ?️ 6 years, 10 months ago

CBSE > Class 11 > Economics

0 answers

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What is systematic sampling

Posted by Deepak Kumar 6 years, 10 months ago

CBSE > Class 11 > Economics

1 answers

Yogita Ingle 6 years, 10 months ago

Under this method, all units of the universe are arranged in systematic manner on some basis. This method is generally used in those cases where a complete list of the whole universe is available.

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Low level of national income and per capital income

Posted by Aditi Dubey 6 years, 10 months ago

CBSE > Class 11 > Economics

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Which is the graphical measure available to measure despersion

Posted by Md Numan 6 years, 10 months ago

CBSE > Class 11 > Economics

1 answers

Yash Gupta 6 years, 10 months ago

Mode

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What is the main aim of law of demand

Posted by Harsh Saini 6 years, 10 months ago

CBSE > Class 11 > Economics

2 answers

Rahul Yadav 6 years, 10 months ago

In simple words law of demand when price increases, then its demand decrease. And when prices decrease it's demand increases

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Yaser Siddiquee 6 years, 10 months ago

The law of demand states that quantity purchased varies inversely with price. In other words, the higher the price, the lower the quantity demanded. This phenomenon occurs because when consumers' opportunity cost increases, they must give something else up or switch to a substitute product.

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What will be the syllabus for session 2019-20 ??

Posted by Vishal Srivastav 6 years, 10 months ago

CBSE > Class 11 > Economics

1 answers

Ayush Kumar 6 years, 10 months ago

How to learn economic and score good mrjs

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Explain the branchs of economoic

Posted by Pushpraj Patel 6 years, 10 months ago

CBSE > Class 11 > Economics

1 answers

Rahul Yadav 6 years, 10 months ago

Micro and macro are the branch of the economics

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What is ideal index

Posted by Abhishek Yadav 6 years, 10 months ago

CBSE > Class 11 > Economics

1 answers

Yaser Siddiquee 6 years, 10 months ago

Ideal volume index is the geometric mean of the Laspeyres and Paasche volume indices. Context: A measure of change in volume from period to period. It is calculated as the geometric mean of a chain Paasche volume index and a chain Laspeyres volume index.

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Oligopoly market

Posted by Ritik Singh 6 years, 10 months ago

CBSE > Class 11 > Economics