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    • Posted by Nikhil Mishra 7 years ago

    CBSE > Class 11 > Economics
    • 2 answers

    Sakshi Sharma ??️??️??️ 7 years ago

    Consumer’s Equilibrium : - consumer equilibrium is a state of balance (rest) for the consumer from where he doesn’t want to move either forward or backward. This is achieved when consumer gets maximum satisfaction with given income and he doesn’t want to change his way of existing expenditure.

    1Thank You

    Deepak Choubey 7 years ago

    Consumer Equilibrium refers to the situation when a consumer is having maximum satisfaction with limited income and has no tendency to change his way of existing expenditure.

    1Thank You

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    • Posted by Srishti Goyal 7 years ago

    CBSE > Class 11 > Economics
    • 0 answers
    ANSWER

    • Posted by Shivi Tripathi 7 years ago

    CBSE > Class 11 > Economics
    • 2 answers

    Mubi ☺ 7 years ago

    Hlooo

    0Thank You

    Ujjwal Jha 7 years ago

    Hiiii

    0Thank You

    ANSWER

    • Posted by Avnish Sharma 3 years, 1 month ago

    CBSE > Class 11 > Economics
    • 2 answers

    Yashika Jain 2 years, 3 months ago

    can you send me your project

    2Thank You

    Nitesh Porte 2 years, 2 months ago

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    29Thank You

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    • Posted by Mugs B 7 years ago

    CBSE > Class 11 > Economics
    • 0 answers
    ANSWER

    • Posted by A Kay 7 years ago

    CBSE > Class 11 > Economics
    • 2 answers

    Sakshi Sharma ??️??️??️ 7 years ago

    Demand is that quantity of a commodity that a consumer is willing and able to buy , at each possible price during a given period of time.

    1Thank You

    Harsh Porwal 7 years ago

    Any thing we need and also pay for it at a certain price of a commodity

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    • Posted by A Kay 7 years ago

    CBSE > Class 11 > Economics
    • 2 answers

    Sakshi Sharma ??️??️??️ 7 years ago

    MRn = TRn - TRn-1

    1Thank You

    Sakshi Sharma ??️??️??️ 7 years ago

    Marginal revenue is the additional revenue generated from the sale of an additional unit of output.

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    • Posted by A S 7 years ago

    CBSE > Class 11 > Economics
    • 2 answers

    Chesta Pawan Manchanda 7 years ago

    Yes but in long run. see monopoly is a price maker not taker so if it increases price, demand of that product decrease. And the other thing is if it starts selling it's product at cost it start gaining loss and this will be lead to shut down.

    1Thank You

    Gopal Maheshwari 7 years ago

    Yea a monopoly firm can also face loss because monopoly firm is price maker and is only a single seller in the market but if monopoly firm will increase his product price then demand for that product will reduce and monopoly firm will face a loss

    1Thank You

    ANSWER

    • Posted by Mohit Kumar 7 years ago

    CBSE > Class 11 > Economics
    • 2 answers

    A S 7 years ago

    Central Problems that are faced by every economy: 1. What to produce? 2. How to produce? 3. For whom to produce?

    1Thank You

    Muskan Ishita 7 years ago

    What to produce,how to produce and for whom to produce

    0Thank You

    ANSWER

    • Posted by A S 7 years ago

    CBSE > Class 11 > Economics
    • 0 answers
    ANSWER

    • Posted by A S 7 years ago

    CBSE > Class 11 > Economics
    • 2 answers

    Sakshi Sharma ??️??️??️ 7 years ago

    MRT is the ratio of number of units of a commodity sacrificed to gain an additional unit of another commodity.

    1Thank You

    Chesta Pawan Manchanda 7 years ago

    MRT or MOC is the ratio of sacrificed units of a commodity to increase the one more unit of other commodity. ∆Y/∆X.

    1Thank You

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    • Posted by Avi Sharma 7 years ago

    CBSE > Class 11 > Economics
    • 2 answers

    Sakshi Sharma ??️??️??️ 7 years ago

    Cryptocurrency is a type of digital currency that uses cryptography for security and anti-counterfeiting measures. Public and private keys are often used to transfer cryptocurrency between individuals. As a counter-culture movement that is often connected to cypherpunks, cryptocurrency is essentially a fiat currency.

    3Thank You

    A S 7 years ago

    a digital currency in which encryption techniques are used to regulate the generation of units of currency and verify the transfer of funds, operating independently of a central bank.

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    • Posted by Imroz Khan 7 years ago

    CBSE > Class 11 > Economics
    • 1 answers

    A S 7 years ago

    Production cost per unit of output, computed by dividing the total of fixed costs and variable costs by the number of total units produced

    0Thank You

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    • Posted by Tanmay Jain 7 years ago

    CBSE > Class 11 > Economics
    • 0 answers
    ANSWER

    • Posted by Yogita Shinde 7 years ago

    CBSE > Class 11 > Economics
    • 1 answers

    Suhani Sharma 7 years ago

    an intention or decision about what one is going to do.

    1Thank You

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    • Posted by Rishabh Singh 7 years ago

    CBSE > Class 11 > Economics
    • 1 answers

    Yogita Ingle 7 years ago

    Microeconomics Macroeconomics
    It is study of individual economic units of an economy. It is study of the economy as a whole and its aggregates.
    It deals with individual income, individual prices and individual outputs, etc. It deals with aggregates like national income, general price level and national output, etc.
    Its central problem is price determination and allocation of resources. Its central problem is determination of level of income and employment.
    Its main tools are demand and supply of particular commodity/factor. Its main tools are aggregate demand and aggregate supply of the economy as a whole.
    It helps to solve the central problem of ‘what, how and for whom to produce’ in the economy. It helps to solve the central problem of ‘full employment of resources in the economy.’

     

    1Thank You

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    • Posted by Rishabh Dev Jain 7 years ago

    CBSE > Class 11 > Economics
    • 2 answers

    Sakshi Sharma ??️??️??️ 7 years ago

    It is also known as AVERAGE PHYSICAL PRODUCT or AVERAGE RETURN.

    2Thank You

    Sakshi Sharma ??️??️??️ 7 years ago

    Average product refers to output per unit of variable input.

    3Thank You

    ANSWER

    • Posted by Aditi Gurjar 7 years ago

    CBSE > Class 11 > Economics
    • 1 answers

    Suhani Sharma 7 years ago

    a ‘Labour Intensive’ product requires a larger amount of human labor to bring it off. Labour Intensive goods and services would include food service, hospitality, public education, agriculture (to some extent…but not as it used to be 50 years ago). ‘Capital Intensive’ industries require a greater amount of machinery to produce the product. Telecommunications, airlines, automobile manufacturing, oil production to name a few.

    3Thank You

    ANSWER

    • Posted by Aditi Gurjar 7 years ago

    CBSE > Class 11 > Economics
    • 1 answers

    Suhani Sharma 7 years ago

    Weighted Mean is an average computed by giving different weights to some of the individual values. If all the weights are equal, then the weighted mean is the same as the arithmetic mean. ... The Weighted mean is similar to arithmetic mean or sample mean.

    1Thank You

    ANSWER

    • Posted by Om Rajput 7 years ago

    CBSE > Class 11 > Economics
    • 2 answers

    Sakshi Sharma ??️??️??️ 7 years ago

    Variable costs are costs that change in proportion to the good or service that a business produces. Variable costs are also the sum of marginal costs over all units produced.

    1Thank You

    Chesta Pawan Manchanda 7 years ago

    Variable cost means changeable cost that can be change with every additional unit . This cost os an expenditure on variable factor like cost on inputs . This is also called prime cost or direct cost . This is also called prime cost because it is the first and primary cost that helps to produce output. It's diagram is available in book

    1Thank You

    ANSWER

    • Posted by Harsh Singh 7 years ago

    CBSE > Class 11 > Economics
    • 1 answers

    Rajat Vashisth 7 years ago

    P⬆D⬇-Quantity demanded and decrease in demand refers to decrease due to change in any other determinant of demand e.g. income⬇ ,price of substitute⬇ or any other Dx

    5Thank You

    ANSWER

    • Posted by Nandani Kumari 7 years ago

    CBSE > Class 11 > Economics
    • 1 answers

    Chesta Pawan Manchanda 7 years ago

    There are three major central problems of an economy :1) what to produce (luxury goods or normal goods) 2) how to produce( by labour intensive or capital intensive) 3) for whom to produce ( for rich people or for poor people) . These problems caused by problem of choice.

    2Thank You

    ANSWER

    • Posted by Jyotsana Singh 7 years ago

    CBSE > Class 11 > Economics
    • 1 answers

    Chesta Pawan Manchanda 7 years ago

    It states that the other things are remaining constant and there is positive relation between price and supply as when price of the commodity rise then supply increase and vice versa

    1Thank You

    ANSWER

    • Posted by Tushar Raj 7 years ago

    CBSE > Class 11 > Economics
    • 1 answers

    Suhani Sharma 7 years ago

    Find in your own book

    0Thank You

    ANSWER

    • Posted by Shubham 7 years ago

    CBSE > Class 11 > Economics
    • 1 answers

    Suhani Sharma 7 years ago

    In simple words, production function refers to the functional relationship between the quantity of a good produced (output) and factors of production (inputs). “The production function is purely a technical relation which connects factor inputs and output.

    0Thank You

    ANSWER

    • Posted by Sohail Khan 7 years ago

    CBSE > Class 11 > Economics
    • 2 answers

    Suhani Sharma 7 years ago

    Yes

    1Thank You

    Chesta Pawan Manchanda 7 years ago

    This is not in our syllabus but if you want to know and you are doing further studies so you can find your answer at google or other websites

    0Thank You

    ANSWER

    • Posted by Randheet Pratap Singh 7 years ago

    CBSE > Class 11 > Economics
    • 1 answers

    A S 7 years ago

    The primary difference between classification and tabulation is that the process of classifying data int groups is known as classification of data, whereas tabulation is the act of presenting data in tabular form, for better interpretation.

    0Thank You

    ANSWER

    • Posted by Himani ?? 7 years ago

    CBSE > Class 11 > Economics
    • 1 answers

    Ansh Garg 7 years ago

    a. Increase. b. Decrease.

    1Thank You

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    • Posted by Prince Bhatt 7 years ago

    CBSE > Class 11 > Economics
    • 0 answers
    ANSWER

    • Posted by Himani ?? 7 years ago

    CBSE > Class 11 > Economics
    • 1 answers

    Arnav Rathore 7 years ago

    No change..... because supply is increasing due to less price but decreasing due to increased tax rate

    1Thank You

    ANSWER

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