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Why does average cost fall as output is increased ?

Posted by Poorva Chopra 7 years ago

CBSE > Class 11 > Economics

1 answers

Rupal Rajoriya 7 years ago

A typical average cost curce will gave a U-shape, because fixed costs are all incured before any production takes place and marginal cost are typically increased because of diminishing marginal productivity

ANSWER

What is budget line

Posted by Krishna Upadhayay 7 years ago

CBSE > Class 11 > Economics

2 answers

Sakshi Sharma ??️??️??️ 7 years ago

The Budget Line, also called as Budget Constraint shows all the combinations of two commodities that a consumer can afford at given market prices and within the particular income level.

Poorva Chopra 7 years ago

Budget line refers to the graphical representation of all possible combinations of two goods which a consumer can purchase given his income and prices such that the cost of each of these combinations is equal to the money income of the consumer

ANSWER

Half yearly question papers 2018 19

Posted by Shivani New 7 years ago

CBSE > Class 11 > Economics

0 answers

ANSWER

Frequency polygon

Posted by Muskan Verma 7 years ago

CBSE > Class 11 > Economics

1 answers

Rupal Rajoriya 7 years ago

Frequency polygon are a graphical device for understanding the shape of distributions, they served the same purpose as histograms but especially help full for comparing sets of data frequency polygon are also a good choice for displaying cumulative frequency distribution

ANSWER

What is monotonic preferences?

Posted by Manish Shil 7 years ago

CBSE > Class 11 > Economics

1 answers

Kiran Jot Toor 7 years ago

It refer to the agents preference is strongly said to be monotonic if given a consumption bundle the agents prefers the all consumption bundles that have more of at least one good and not less is any good

ANSWER

State the different phases of change in total product and marginal product in law of variable proportion

Posted by Paridhi Jain 7 years ago

CBSE > Class 11 > Economics

2 answers

Rupal Rajoriya 7 years ago

Law of variable proportion state that as more and more of the variable factor is combined with the fixed factor, marginal product(MP) of the variable factor may initially increases and subsequently stablised but must decrease finally. Of course, initially, MP may arise owing to better coordination with the factors and better utilization of the fixed factor. Thus, we have 3 phases of production, viz., phase is increasing MP, decreasing MP and negative Mp. It is futher illustrated through the diagram in a situation. When a MP is increasing, rate and MP is negative TP should be declining of course, TP should be maximized when MP=0

Dhruv Sharma 7 years ago

Hlo

ANSWER

Chapter 4

Posted by Aman Yadav 7 years ago

CBSE > Class 11 > Economics

1 answers

Vandana Aggarwal 7 years ago

What's your question?

Most of the books chapter 4 of microeconomics is Demand

ANSWER

U.A.E is developed, developing or developed.

Posted by Shashi Pathak 7 years ago

CBSE > Class 11 > Economics

3 answers

Shashi Pathak 7 years ago

Write answer is developing.

Kiran Jot Toor 7 years ago

Developed

Piyush Kashyap 7 years ago

Developed

ANSWER

What are the implications of price celling

Posted by Pintoo Goyal 7 years ago

CBSE > Class 11 > Economics

0 answers

ANSWER

What are the need of economic planning in India?

Posted by Kabita Kundu 7 years ago

CBSE > Class 11 > Economics

0 answers

ANSWER

What is short run production function and long run production function?

Posted by Anisha Das 7 years ago

CBSE > Class 11 > Economics

1 answers

Paridhi Jain 7 years ago

Short Run :- It refers to a period in which output can be changed by changing only variable factors. Long Run :- It refers to a period in which output can be changed by changing all factors of production

ANSWER

how to present bar diagrams asswers

Posted by Drishti Uppal 7 years ago

CBSE > Class 11 > Economics

1 answers

Lovely Dhawan 7 years ago

Through ur hands

ANSWER

What is normal profit and why TR=TC?

Posted by Nishu Nishu 7 years ago

CBSE > Class 11 > Economics

2 answers

Sakshi Sharma ??️??️??️ 7 years ago

Normal profit is the minimum profit required to keep factors of production in their current use in the long run. Normal profit is when a business is making just enough profit to keep resources/firms in their current use.

Kiran Jot Toor 7 years ago

Normal profit refers to that profit which is full of satisfaction to aa producer

ANSWER

weight of 15 persons is as follows

Posted by Aman Solanki 7 years ago

CBSE > Class 11 > Economics

1 answers

Vandana Aggarwal 7 years ago

Plz complete the question

ANSWER

fixed cost is constant even when output is zero. give reason

Posted by Aman Singh 7 years ago

CBSE > Class 11 > Economics

0 answers

ANSWER

Average revenue

Posted by Dev Sahu 7 years ago

CBSE > Class 11 > Economics

1 answers

Sakshi Sharma ??️??️??️ 7 years ago

Average revenue is the revenue generated per unit of output sold.

ANSWER

How to prepare project or Best topic of syllabus but it is part of daily uses

Posted by Arshad Saifi 7 years ago

CBSE > Class 11 > Economics

0 answers

ANSWER

What is hickasen law?

Posted by Khushi Sharma 7 years ago

CBSE > Class 11 > Economics

4 answers

Vandana Aggarwal 7 years ago

Its Hicksian Law given by Prof Hicks regarding consumer equilibrium. Its another name for your indifference curve analysis or ordinal utility analysis .

Shashi Pathak 7 years ago

Waite i send you answee tomorrow

Shashi Pathak 7 years ago

It is write question

Tanisha Guliani 7 years ago

Check your ques... It is wrong

ANSWER

what would be the impact on TU ,if MU curve lies below x axis

Posted by Aditi Shrivastava 7 years ago

CBSE > Class 11 > Economics

2 answers

Nikhil Dwivedi 7 years ago

Tu start diminishing means decreasing

Sakshi Sharma ??️??️??️ 7 years ago

TU starts falling

ANSWER

What is macroeconomics ?

Posted by Salman Ahmed 7 years ago

CBSE > Class 11 > Economics

3 answers

Shashi Pathak 7 years ago

If we studies of economic in agrregat leavel are known as macro.

Nikhil Dwivedi 7 years ago

Macro means large.macroeconomics is a subject matter that deals with economic issues related whole world

Sakshi Sharma ??️??️??️ 5 years, 7 months ago

Macroeconomics is the branch of economics that studies the behavior and performance of an economy as a whole.

ANSWER

Difference between tvc and tfc

Posted by Saurabh Bhadana 7 years ago

CBSE > Class 11 > Economics

2 answers

Ishita Agarwal 7 years ago

Cost incurred with variable inputs is known as tvc whereas cost incurred with fixed inputs is known as tfc

Saurabh Bhadana 7 years ago

Tvc refers to those cost which vary with level of outputs Tfc refers to those cost which doesn't vary with level of outputs

ANSWER

WHAT IS PRODUCTION FUNCTION ❓❓❓❓❔❓❔❓❔❓

Posted by Sakshi Sharma ??️??️??️ 7 years, 1 month ago

CBSE > Class 11 > Economics

5 answers

M.Pragathesh 2002 7 years ago

It depicts relationship between factors of production (land, labour,capital)and total output

Prince Kumar 7 years ago

production function is the functional relationship between intput used and output produced by the firm.

Xy Xyz 7 years ago

Technical relation b/ w input used and output produced

Salman Ahmed 7 years ago

It is Px,Pr,Y,taste and preference ,exceptation.

Gulu Jaat 7 years ago

Techonological Realationship b/w physial input and physical output

ANSWER

What is the difference between positive economics and normative economics ?

Posted by Priyanshu Bhardwaj 7 years, 1 month ago

CBSE > Class 11 > Economics

1 answers

Yash Kumar Jangid 7 years, 1 month ago

Positive economics deals with economic issues related to past , present and future . Normative economics deals with economic issues related to the opinions of economists.

ANSWER

Micro economics of 11

Posted by Gulu Jaat 7 years, 1 month ago

CBSE > Class 11 > Economics

2 answers

Gulu Jaat 7 years ago

Micro ecomics of 11 class subject is not avaiable

Suman Sharma 7 years, 1 month ago

compelete the question

ANSWER

Who got 1st nobel price of economics in india?

Posted by Nishu Nishu 7 years, 1 month ago

CBSE > Class 11 > Economics

2 answers

Sakshi Sharma ??️??️??️ 7 years ago

AMARTYA SEN

Nishu Nishu 7 years, 1 month ago

In economics in india

ANSWER

Statistical methods are no substitute for common sense. Comment with examples from your daily life

Posted by Yogyata Singh 7 years, 1 month ago

CBSE > Class 11 > Economics

0 answers

ANSWER

Relation between short run production function and long run production function

Posted by Rahul Paswan 7 years, 1 month ago

CBSE > Class 11 > Economics

0 answers

ANSWER

Define economic activity?

Posted by Sarbani Dutta 7 years, 1 month ago

CBSE > Class 11 > Economics

2 answers

Saniya Soundele 7 years, 1 month ago

It refers to those activities which is performed by an individual with the main motive of earning profit.

Anurag Smarty 7 years, 1 month ago

Economic activity are those activity which are doing with a motive of profit.

ANSWER

Define economic activity

Posted by Sarbani Dutta 7 years, 1 month ago

CBSE > Class 11 > Economics

2 answers

Nikhil Dwivedi 7 years ago

It is that activity which is undertaken with the motive of earning profit

Nikhil Dwivedi 7 years, 1 month ago

Economic activity are those activity which is undertaken by an individual with the motive of earning profit.

ANSWER

What is meant by change to a factor

Posted by Amit Kumar Mahato 7 years, 1 month ago

CBSE > Class 11 > Economics

1 answers

Mohamed Ali Jinna 7 years, 1 month ago

It is fact of the number

ANSWER

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