CBSE > Class 11 > Economics | CBSE Board | Homework Help

Firstly it is preference not reference Monotonic preference is the basic assumption of indifference curve analysis. The state in which Consumerr thinks that consumption of more and more units of a commodity provides more and more satisfaction . That's why higher IC always provide higher level of satisfaction. This situation is called monotonic preference of a consumer.

0Thank You

ANSWER

How to solve pic chart question

Posted by Shruti Kumari 7 years, 2 months ago

CBSE > Class 11 > Economics

2 answers

Ritesh Shukla 7 years, 2 months ago

First change no. In % then in degree0' and make an circle with the help of protector make clockwise angles

0Thank You

Ansh Garg 7 years, 2 months ago

Their is no one question of pic chart in our book

0Thank You

ANSWER

What is indifference curve

Posted by Vikash Singh 7 years, 2 months ago

CBSE > Class 11 > Economics

3 answers

Chesta Pawan Manchanda 7 years, 2 months ago

It is a curve which shows all possible combinations of two goods and yielding the same level of satisfaction to the consumer.

0Thank You

Amrit Kaur 7 years, 2 months ago

The curve which gives satisfaction to any combination of two goods

0Thank You

Gautam Rawat 7 years, 2 months ago

a curve on a graph (the axes of which represent quantities of two commodities) linking those combinations of quantities which the consumer regards as of equal value.

0Thank You

ANSWER

Explain the chain effects of excess demand on equilibrium price Pls answer me with explain

Posted by Ayush Kumar 7 years, 2 months ago

CBSE > Class 11 > Economics

0 answers

ANSWER

Explain the chain effects of excess deman

Posted by Ayush Kumar 7 years, 2 months ago

CBSE > Class 11 > Economics

0 answers

ANSWER

Cost revenue

Posted by Abhishek Katare 7 years, 2 months ago

CBSE > Class 11 > Economics

0 answers

ANSWER

Can mean be calculated by step deviation method for an individual series

Posted by Mohit Bharti 7 years, 2 months ago

CBSE > Class 11 > Economics

3 answers

Amrit Kaur 7 years, 2 months ago

After finding the common difference from X-A then applying the formula d'=X-A÷common difference

0Thank You

Mohit Bharti 7 years, 2 months ago

OK how will you calculate d'

0Thank You

Amrit Kaur 7 years, 2 months ago

A+sigma d'/N×h

1Thank You

ANSWER

What is eqilibrium?

Posted by Surbhi Bhattad 7 years, 2 months ago

CBSE > Class 11 > Economics

1 answers

Sanjeev Rajput 7 years, 2 months ago

Equilibrium means a state of balance. at market equilibrium the market forces of demand and supply are balanced or equal to each other.

2Thank You

ANSWER

How is total utility derived from marginal utility

Posted by Shilpa Kumari 7 years, 2 months ago

CBSE > Class 11 > Economics

3 answers

Lovely Dhawan 7 years, 2 months ago

Add down MU to get TU

1Thank You

Keshav Bindal 7 years, 2 months ago

MU = TUn - TU(n-1)

1Thank You

Ajay Kumar 7 years, 2 months ago

When Marginal utility get negative

1Thank You

ANSWER

The importance of statistics in economy planninga

Posted by Tanisha Singh 7 years, 2 months ago

CBSE > Class 11 > Economics

0 answers

ANSWER

Market price for a goods is in equilibrium there is simultaneous decrease both in demand and supply but there is no change in market price explain with the help of a schedule how it is possible

Posted by Ayush Kumar 7 years, 2 months ago

CBSE > Class 11 > Economics

0 answers

ANSWER

A consumer by 100 units of goods at price ₹10 per unit when its price increase to ₹ 20 per unit the consumed by 50 units of that goods find the price elasticity of demand and comment on its nature

Posted by Ayush Kumar 7 years, 2 months ago

CBSE > Class 11 > Economics

3 answers

Sakshi Sharma ??️??️??️ 7 years, 2 months ago

(-)0.5

0Thank You

Keshav Bindal 5 years, 8 months ago

It is less than unitary elastic demand.

2Thank You

Keshav Bindal 7 years, 2 months ago

Ed=(-)(50/(-10))×(10/100)=5/10=0.5

1Thank You

ANSWER

A consumer buys 10 units of a commodity at a price of ₹10 per unit.He incurs an expenditure of ₹200 on buying 20 units.Calculate price elasticity of demand by the percentage method.Comment upon the shape of demand curve based on this information.

Posted by Khushi Sinha 7 years, 2 months ago

CBSE > Class 11 > Economics

0 answers

ANSWER

The data collected from government publication is what kind of data?

Posted by Prabhakar Rai 7 years, 2 months ago

CBSE > Class 11 > Economics

1 answers

Chesta Pawan Manchanda 7 years, 2 months ago

Secondary data

1Thank You

ANSWER

Define utility

Posted by Sagar Sagar 7 years, 2 months ago

CBSE > Class 11 > Economics

3 answers

Sanjeev Rajput 7 years, 2 months ago

The needs and wants satisfying power of goods is called utility.

0Thank You

Aryan Singhi 7 years, 2 months ago

It is the power of the commodity to satisfy human wants

0Thank You

Sakshi Sharma ??️??️??️ 7 years, 2 months ago

Want satisfying power of a commodity is called utility.

0Thank You

ANSWER

Calculator is allowed

Posted by Akhil Don 7 years, 2 months ago

CBSE > Class 11 > Economics

3 answers

Bul Bul 7 years, 2 months ago

No...

1Thank You

Akhil Don 7 years, 2 months ago

Why no

0Thank You

Aditi Sinha 7 years, 2 months ago

No....

1Thank You

ANSWER

Published source of data

Posted by Riya Lamba 7 years, 2 months ago

CBSE > Class 11 > Economics

1 answers

Sanjeev Rajput 7 years, 2 months ago

1. Government publications 2. Semi government publications 3. International publications

0Thank You

ANSWER

What is the low of diminishing marginal utility

Posted by Gautam Rawat 7 years, 2 months ago

CBSE > Class 11 > Economics

4 answers

Sanjeev Rajput 7 years, 2 months ago

Thee law states that when consumer consume more and more quantity of one good then the each additional of marginal utility will be declining.

1Thank You

Sanjeev Rajput 7 years, 2 months ago

0Thank You

Amrit Kaur 7 years, 2 months ago

It states as more and more unit of good is consumed continously without any time gap then MU derived from it must decline.

1Thank You

Khushi Sinha 7 years, 2 months ago

It states that as more and more units of a commodity are consumed,marginal utility derived from every additional unit must decline. It happens in respect of all goods and services.

1Thank You

ANSWER

Plz give a defination of questionnaires for exam

Posted by Himshresth Singh Bali 7 years, 2 months ago

CBSE > Class 11 > Economics

3 answers

Sakshi Sharma ??️??️??️ 7 years, 2 months ago

A questionnaire is a research instrument consisting of a series of questions for the purpose of gathering information from respondents. ... Although questionnaires are often designed for statistical analysis of the responses.

0Thank You

Khushi Sinha 7 years, 2 months ago

Questionnaires are the questions asked in/relation to statistics

0Thank You

Gautam Rawat 7 years, 2 months ago

Pata nhi

0Thank You

ANSWER

What will be the impact of "Clean India Mission" on the slope of ppc and why?

Posted by Prabhakar Rai 7 years, 2 months ago

CBSE > Class 11 > Economics

4 answers

Rikku Mahto 7 years, 2 months ago

Yes ,sham is right

0Thank You

Harshit Jain 7 years, 2 months ago

Because of vlean india mission follwing things happen 1 Efficiency of labour increases as they fall ill less

2Thank You

Shama Praveen 7 years, 2 months ago

The ppc will be shif rightward because resources are increase by this mission

0Thank You

Prabhakar Rai 7 years, 2 months ago

PPC curve will shift towards right because Clean India mission increases the cleaniness of the nation which reduces the number of people falling sick. This will increase the efficiency of the people to work and increases potential of the production process. Therefore PP curve will shift towards right.

3Thank You

ANSWER

What can you say about MU when TU is constant?

Posted by Ritika Mahur 7 years, 2 months ago

CBSE > Class 11 > Economics

3 answers

Rikku Mahto 7 years, 2 months ago

Yes bellowed answer is righy

0Thank You

Shama Praveen 7 years, 2 months ago

When mu is zero then tu is maximum,

2Thank You

Prabhakar Rai 7 years, 2 months ago

When TU is constant then it means MU is 0

2Thank You

ANSWER

Durandu rekha kin do desho k bich h

Posted by Abhiraj Yadav 7 years, 2 months ago

CBSE > Class 11 > Economics

0 answers

ANSWER

Who makes economy subject

Posted by Angel Gupta 7 years, 2 months ago

CBSE > Class 11 > Economics

0 answers

ANSWER

Differentiate between centrally planned economy and market planned economy.6 mark question

Posted by Shubham Singh 7 years, 2 months ago

CBSE > Class 11 > Economics

1 answers

Harshita Sharma 7 years, 2 months ago

Central planned economy is that which is controlled by central authority or government Market planned economy is that economy which is controlled by market forces

0Thank You

ANSWER

What are the differences between expansion. In demand and increase in demand?

Posted by Aadil Khan 7 years, 2 months ago

CBSE > Class 11 > Economics

2 answers

Keshav Bindal 7 years, 2 months ago

Expansion in demand assumes other factor remaining constant, demand increase due to decrease in price. Increase in demand assumes price remaining constant, others factor fluctuate, demand increase due to change in other factors.

1Thank You

Keshav Bindal 7 years, 2 months ago

Expansion in demand makes demand curve slope downward(from left to right). Increase in demand makes demand curve to shift rightward.

0Thank You

ANSWER

What are determinants of individual demand?

Posted by Aaditya Sharma 7 years, 2 months ago

CBSE > Class 11 > Economics