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1) change in price of a commodity: if price of the commodity decreases then supply also decreases as in supply curve price and supply are positively related and if price increases then supply will also increase because of same reason that I have mentioned above.2)if technology become advanced cost will become lower and supply will increase because they both are the factors of increase in supply ( advance technology and lower cost) and if technology become poor or old then cost of production increases and supply decrease.
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*Improvements in technology. ... *Government Policy. ... *Size of the market. .
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A S 7 years ago

the relation between total cost and marginal cost: (i) Marginal cost is estimated as the difference between total costs of two successive units of output. Thus, MCn = TCn – TCn-1 (ii) When MC is diminishing, TC increases at a diminishing rate. (iii) When MC is rising, TC increases at an increasing rate. (iv) When MC reaches its lowest poin, TC stops increasing at a decreasing rate. Briefly, MC is the rate of TC.
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supply refers to the quantity which the seller is prepared to sell in the market at given price at any point of time while stock refers to total available quantity with the seller at any given point of time.
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A situation in which the supply of an item is exactly equal to its demand. Since there is neither surplus nor shortage in the market, price tends to remain stable in this situation.

Priyanshu Goyal 7 years ago

It is defined as a state of the market when demand for a commodity is equal to its supply , corresponding to a particular price. ( Dx = Sx )
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Rakesh Goel 7 years ago

Kabhi-2 discreate main bhi cf hota hai lekin discending order main jisse answer nahi ata hai

Aman K 7 years ago

CI ko dekh kr

Kiran Jot Toor 7 years ago

Vo given hi hota question paper me
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Kiran Jot Toor 7 years ago

Four groups of variable in which population is equally divided
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Pramod Pandey 7 years ago

The area which is produced by producing a one more uint of ommodity as well as its an adittion to TC CURVE by having its Its increase as the the output increase upto a certain point. ☺

Aditi Gurjar 7 years ago

The sum of all mc will result in total variable cost.. So the area under the mc curve will show tvc.....
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Kiran Jot Toor 7 years ago

It means by the process of changing the emerging economy into modern economy...?
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Pramod Pandey 7 years ago

It can be define as cost which make for outside by firm for hiring factor input and non factor inputs. Like raw material. Worker wages.etc.
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Suhani Sharma 7 years ago

Which book
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Suhani Sharma 7 years ago

Some of the factors that influence the supply of a product are described as follows: i. Price: Refers to the main factor that influences the supply of a product to a greater extent. Unlike demand, there is a direct relationship between the price of a product and its supply. If the price of a product increases, then the supply of the product also increases and vice versa. Change in supply with respect to the change in price is termed as the variation in supply of a product. Speculation about future price can also affect the supply of a product. If the price of a product is about to rise in future, the supply of the product would decrease in the present market because of the profit expected by a seller in future. However, the fall in the price of a product in future would increase the supply of product in the present market. ii. Cost of Production: Implies that the supply of a product would decrease with increase in the cost of production and vice versa. The supply of a product and cost of production are inversely related to each other. For example, a seller would supply less quantity of a product in the market, when the cost of production exceeds the market price of the product. In such a case the seller would wait for the rise in price in future. The cost of production rises due to several factors, such as loss of fertility of land, high wage rates of labor, and increase in the prices of raw material, transport cost, and tax rate. iii. Natural Conditions: Implies that climatic conditions directly affect the supply of certain products. For example, the supply of agricultural products increases when monsoon comes on time. However, the supply of these products decreases at the time of drought. Some of the crops are climate specific and their growth purely depends on climatic conditions. For example Kharif crops are well grown at the time of summer, while Rabi crops are produce well in winter season. iv. Technology: Refers to one of the important determinant of supply. A better and advanced technology increases the production of a product, which results in the increase in the supply of the product. For example, the production of fertilizers and good quality seeds increases the production of crops. This further increase the supply of food grains in the market. v. Transport Conditions: Refer to the fact that better transport facilities increase the supply of products. Transport is always a constraint to the supply of products, as the products are not available on time due to poor transport facilities. Therefore even if the price of a product increases, the supply would not increase.

Suhani Sharma 7 years ago

In India sellers usually use road transport and the poorly maintained road makes it difficult to reach the destination on time the products that are manufactured in one part of the city need to be spread in the whole country through road transport This may result in the damage of most of the products during the journey, which can cause heavy loss for a seller. In addition the seller can also lose his/her customers because of the delay in. the delivery of products. vi. Factor Prices and their Availability: Act as one of the major determinant of supply. The inputs, such as raw material man, equipment, and machines, required at the time of production are termed as factors. If the factors are available in sufficient quantity and at lower price, then there would be increase in production. This would increase the supply of a product in the market. For example, availability of cheap labor and raw material nearby the manufacturing plant of an organization would help in reducing the labor and transportation costs. Consequently, the production and supply of the product would increase. vii. Government’s Policies: Implies that the different policies of government, such as fiscal policy and industrial policy, has a greater impact on the supply of a product. For example, increase in tax on excise duties would decrease the supply of a product. On the other hand, if the tax rate is low, then the supply of a product would increase. viii. Prices of Related Goods: Refer to fact that the prices of substitutes and complementary goods also affect the supply of a product. For example, if the price of wheat increases, then farmers would tend to grow more wheat than nee. This would decrease the supply of rice in the market.
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* Perfect Oligopoly: Form of oligopoly in which each firm produces a homogeneous product is known as a perfect oligopoly. * Imperfect Oligopoly: Form of oligopoly in which each firm produces a differentiated product is known as an imperfect oligopoly
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Poorva Chopra 7 years ago

The law of diminishing marginal utility states that as we consume more and more units of a commodity , the utility derived from each successive unit goes on decreasing .
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Kiran Jot Toor 7 years ago

The wholesale price index is related to the average change in the bulk sales price and consumer price index meant by the change in general price level of same class of consumers
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Suhani Sharma 7 years ago

Due to law of variable proportion

Due to the Law of variable proportion 

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Suhani Sharma 7 years ago

The counterpart of “supply” is “demand” while the corresponding term for “quantity supplied” is “quantity demand.” 4.A change or shift in the supply curve affects all components while changes in the quantity supplied have a minimal effect. 5.A quantity supplied (with its corresponding price) is a component of a supply curve. A number or collection of the quantity supplied can construct a supply curve. 6.A change in the supply is characterized as a “shift,” while a change in the quantity supplied is marked by an upward line or movement from the previous quantity supplied with its matching price to another quantity supplied and its corresponding price.

Suhani Sharma 7 years ago

.“Supply” is a general and fundamental aspect in the study of economics while “quantity supplied” is only a component of the supply. “Supply” is one of the terms used to illustrate the entire relationship between the price and the quantity. In contrast, “quantity supplied” is a specific term for a specific amount of quantity and a specific market price. 2.The supply is the whole relationship of the quantity and price while the quantity supplied and its matching price is only a part of the supply relationship. “Supply” includes all the possible market prices and the amount of quantity while “quantity supplied” only deals with one specific market price and amount of quantity.
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Kiran Jot Toor 7 years ago

1.Government licence 2.cartels 3.control on raw material 4.patent rights 5.
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Kiran Jot Toor 7 years ago

When the quantity of any thing remains constant for every time
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Economics is the study of how societies use scarce resources to produce valuable commodities and distribute them among different people. Behind this definition are two key ideas in economics: that goods are scarce and that society must use its resources efficiently.

Rupal Rajoriya 7 years ago

Economic us concerned with the study and solution of economic problems in a manner such that the individuals can maximize their gains and the society as whole is able to maximise its social welfare
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