No products in the cart.

Ask questions which are clear, concise and easy to understand.

Ask Question
  • 1 answers

Alisha Wadhwa 7 years, 1 month ago

In case of normal goods , rise in income leads to the increase in demand and fall in income leads to decrease in demand. In case of inferior goods, there is negative income effect.
  • 3 answers

Chesta Pawan Manchanda 7 years, 1 month ago

In the case of marginal product the variable proportion will be changeable where as other products remain constant and additional input (mp) firstly increase then decrease and finally become zero or negative .

Kapil Upadhyay 7 years, 1 month ago

On the basis of mp lvP states that as we inc. quantity of only 1input keeping other inputs fixed & constant initially mp inc. then mp dec. Bt remain positive &finally mp becomes negative

Seema Kumari 7 years, 1 month ago

Please show me answer
  • 1 answers

Gurnoor Singh 7 years, 1 month ago

RBI controls the commercial bank by setting interest rate which has to followed by commercial banks ......commercial bank cant charge more interest than prescribed by RBI......
  • 1 answers

Gurnoor Singh 7 years, 1 month ago

Benefits are as under... 1. Improves standard of living of people. 2.Improves level of technology. 3.Provides employment.
  • 1 answers

Alisha Wadhwa 7 years, 1 month ago

Advantage: 1 simple 2 economical 3 realistic Disadvantage 1. Whole text has to be written. 2. Does not create long lasting impact 3. Not attractive
  • 1 answers

Alisha Wadhwa 7 years, 1 month ago

Range = highest- Lowest 57-17=40
  • 2 answers

Gurnoor Singh 7 years, 1 month ago

Bcoz....1.To get better facilities. 2. To get employment. 3.Standard of living increases. 4.To earn money.

Alisha Wadhwa 7 years, 1 month ago

Because of facilities such as employment,etc.
  • 2 answers

Kapil Upadhyay 7 years, 1 month ago

Diminishing mrs can be defined as the amount of one good sacrifice to gain one additional unit of another commodity

Chesta Pawan Manchanda 7 years, 1 month ago

It is the ratio of number of sacrificed unit to increase one more unit of another good∆y/∆x is the formula of MRS . Let the sacrificed unit of good y is 2 and to increase one more unit of good x so MRS will be 2/1 =2
  • 3 answers

Chesta Pawan Manchanda 7 years, 1 month ago

Sorry that is median mean is the average value of series

Chesta Pawan Manchanda 7 years, 1 month ago

Anyway mean is the central value of a series which divide the series in two equal parts

Chesta Pawan Manchanda 7 years, 1 month ago

Can you explain me your question
  • 2 answers

Keshav Bindal 7 years, 1 month ago

In 1 point When TU increase at dimnishing rate then MU start falling.

Amrit Kaur 7 years, 1 month ago

1.when TU increases at increasing rate then MU starts falling. 2.when TU reaches at maximum point then MU is become zero 3.when TU decreases then MU becomes negative
  • 1 answers

Chesta Pawan Manchanda 7 years, 1 month ago

1) income distribution 2) population size 3) number of buyers 4) taste and preference of market consumers
  • 2 answers

Chesta Pawan Manchanda 7 years, 1 month ago

The point of inflection is that point at which marginal product is maximum

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

An inflection point is a point on a curve at which the sign of the curvature (i.e. the concavity) changes.
  • 2 answers

Kunti Soy 7 years, 1 month ago

The total amount of products available for purchase at any specific price

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

Supply is the willingness and ability of producers to create goods and services to take them to market.
  • 1 answers

Kunti Soy 7 years, 1 month ago

Cost is the expenditure incurred by the producer on purchase of factor inputs and non-factor inputs
  • 1 answers

Keshav Bindal 7 years, 1 month ago

1 When price increase quantity demanded decrease, when price decrease quantity demanded increase. 2 When Income decrease demand for inferior goods increase and for normal goods decrease and when Income increase demand for inferior goods decrease and for normal goods increase.
  • 1 answers

Chesta Pawan Manchanda 7 years, 1 month ago

If related good's price rises then the demand of good x will increase as they are related goods
  • 1 answers

Chesta Pawan Manchanda 7 years, 1 month ago

1)Fall in prices, 2) increase in income,3) fashion and climate
  • 1 answers

Chesta Pawan Manchanda 7 years, 1 month ago

Price remain same under perfect competition and its diagram you can easily find in your micro's book
  • 1 answers

Chesta Pawan Manchanda 7 years, 1 month ago

Economics means management of house in simple terms. Economics made up of two greek words aikos and onimos . Aikos means house and onimos means management and the literal meaning of economics is management of house. Scope of statistics: 1) subject matter to statistics ( discriptive and inferential statistics) 2) limitations of statistics 3) nature of statistics ( what is statistics science or arts) Importance of statistics:1) inter temporal and sectoral comparison 2) formulation of policies 3) quantitative expression 4) economic equilibrium 5) construction of economic theory and models

myCBSEguide App

myCBSEguide

Trusted by 1 Crore+ Students

Test Generator

Test Generator

Create papers online. It's FREE.

CUET Mock Tests

CUET Mock Tests

75,000+ questions to practice only on myCBSEguide app

Download myCBSEguide App