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    • Posted by Tharun Balaji 4 years, 4 months ago

    CBSE > Class 11 > Economics
    • 0 answers
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    • Posted by Inderjeet Kaur Inder Samrao 4 years, 4 months ago

    CBSE > Class 11 > Economics
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    • Posted by Headshot Gamers 4 years, 4 months ago

    CBSE > Class 11 > Economics
    • 2 answers

    Swati Vis 4 years, 4 months ago

    Macroeconomics focuses on issues that affect nations and the world economy.

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    Swati Vis 4 years, 4 months ago

    Microeconomics is the study of economics at an individual group of company level.

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    • Posted by Headshot Gamers 4 years, 4 months ago

    CBSE > Class 11 > Economics
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    • Posted by Varshika P 4 years, 4 months ago

    CBSE > Class 11 > Economics
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    • Posted by Manisha Upadhayay 4 years, 4 months ago

    CBSE > Class 11 > Economics
    • 1 answers

    Sia ? 4 years, 4 months ago

    Distrust means a lack of confidence or belief. Further, the science of statistics is always subject to doubt and suspicion because of its misuse by unscrupulous elements for their selfish motives.

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    • Posted by Sanjana Maurya 4 years, 4 months ago

    CBSE > Class 11 > Economics
    • 1 answers

    Mahi Yadav 4 years, 4 months ago

    The field of statistics deal with collection organisation, analysis, interpretation and presentation of data. Statistics plays a vital role in understanding economic data such as the relationship between the quantity and price, supply and demand, economic output, GDP, per capital income of nations etc

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    • Posted by Ashmeet Solanki 4 years, 4 months ago

    CBSE > Class 11 > Economics
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    • Posted by Krishan Kumar 4 years, 4 months ago

    CBSE > Class 11 > Economics
    • 1 answers

    Sia ? 4 years, 4 months ago

    BASIS FOR COMPARISON QUALITATIVE DATA QUANTITATIVE DATA
    Meaning Qualitative data is the data in which the classification of objects is based on attributes and properties. Quantitative Data is the type of data which can be measured and expressed numerically.
    Research Methodology Exploratory Conclusive
    Approach Subjective Objective
    Analysis Non-Statistical Statistical
    Collection of data Unstructured Structured
    Determines Depth of understanding Level of occurrence
    Asks Why? How many or How much?
    Sample Small number of non-representative samples Large number of representative samples
    Outcome Develops initial understanding. Recommends final course of action.

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    • Posted by Kunal Varshney 4 years, 4 months ago

    CBSE > Class 11 > Economics
    • 0 answers
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    • Posted by Sujit Gupta 4 years, 4 months ago

    CBSE > Class 11 > Economics
    • 1 answers

    Sia ? 4 years, 4 months ago

    Consumer’s Equilibrium - A consumer shall be in equilibrium where he can maximize his satisfaction subject to his budget constraint and does not want to bring any change in it. Indifference curve approach explains the consumer equilibrium with the help of indifference map and budget line.
    Conditions of Consumer’s Equilibrium – If consumer is consuming two goods say good X and good Y. Then at equilibrium point
    i) Budget line should be tangent to indifference curve i.e. slope of indifference curve and budget line is equal to each other. It means MRSxy = PX/PY
    ii) Indifference curve should be convex to the point of origin i.e. MRSXY is decreasing. We can explain it with the help of following diagram In diagram, AB is budget line and three indifference curves are IC1, IC2 and IC3. The various combinations of good X & good Y which consumer can purchase with his given income are M, E and N. But M & N lie on IC1 whereas E lies on IC2. Since E is on higher indifference curve, so it will give more satisfaction to the consumer as compared to M & N. At point E budget line is tangent to IC2 and IC2 is convex to origin. So E is equilibrium point where consumer will get maximum satisfaction by consuming OX1 quantity of good X and OY1 quantity of good Y.

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    • Posted by Laxmi Prasad 4 years, 4 months ago

    CBSE > Class 11 > Economics
    • 2 answers

    Sapna Singh 4 years, 4 months ago

    Forced Commercialisation of Agriculture: Commercialisation of agriculture refers to a shift from cultivation for self-consumption to cultivation for the market. Following are some notable points in this context: Mention need to be made of cash crops such as cotton, jute, sugarcane which had a high demand in the market were increasingly cultivated. • Farmers were forced to shift to commercial crops (indigo, in particular) from the conventional subsistence crops (like rice and wheat). Reason: Indigo was required by the textile industry in Britain for dyeing/bleaching of the textile. • The farmers were either lured or forced to accept advance payments for the cultivation of indigo. It exposed the subsistence farmers to uncertainties of the market. • While earlier they would grow grain for their family consumption, now they needed cash to buy it from the market. But they would seldom have cash owing to their mounting indebtedness. Consequence: Perpetual indebtedness of the farmers and perpetual stagnation of farming.

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    Gourav Patil 4 years, 4 months ago

    Hi

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    • Posted by Sumit Jha 4 years, 4 months ago

    CBSE > Class 11 > Economics
    • 2 answers

    Charmy Jain 4 years, 2 months ago

    Economic activities in economics are related to the use of scarce resources.

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    Sapna Singh 4 years, 4 months ago

    Those activities whose objective is to earn money is called economic activity. They include buying and selling of goods, doing legal practice for working in some factory

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    • Posted by S. K 4 years, 4 months ago

    CBSE > Class 11 > Economics
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    • Posted by Raghavendra Arya 4 years, 4 months ago

    CBSE > Class 11 > Economics
    • 1 answers

    Vanshika Verma 4 years, 4 months ago

    Marginal Product is defined as the additional output produced because of the employment of an additional unit of labour. In other words, it is the change in the total output brought by employing one additional unit of labour.

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    • Posted by Manas Pandey 4 years, 4 months ago

    CBSE > Class 11 > Economics
    • 1 answers

    Tanu Priya 4 years, 4 months ago

    Yes, inequality is main cause of poverty. Most of them are living in ruler areas and there family size is bigger than the average. And also we see that, our society DIFFERECANTE b/w boy and girl so, girls never equal to boys and According to our society, girls are passive citizens compare then boys... Thus, inequality is the main cause of poverty.

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    • Posted by Tanisha Gupta 4 years, 4 months ago

    CBSE > Class 11 > Economics
    • 1 answers

    Gourav Patil 4 years, 4 months ago

    Hi mam send me your phone number

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    • Posted by Kavya Mankal 4 years, 4 months ago

    CBSE > Class 11 > Economics
    • 0 answers
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    • Posted by Aryan Rawat 4 years, 4 months ago

    CBSE > Class 11 > Economics
    • 0 answers
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    • Posted by John Philip 4 years, 4 months ago

    CBSE > Class 11 > Economics
    • 1 answers

    Mahi Yadav 4 years, 4 months ago

    Yes, because law of diminished marginal utility

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    • Posted by Judin Saji 4 years, 4 months ago

    CBSE > Class 11 > Economics
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    • Posted by Krazy Girl 4 years, 4 months ago

    CBSE > Class 11 > Economics
    • 3 answers

    Tanu Priya 4 years, 4 months ago

    In months of july. Sure

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    Afrin Nisha 4 years, 4 months ago

    21 july...

    1Thank You

    Sanket Kumar 4 years, 4 months ago

    31 /7/2021 ko saayad ?

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    • Posted by Deepanshi Dua 4 years, 4 months ago

    CBSE > Class 11 > Economics
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    • Posted by Vanshika Bairoliya 4 years, 4 months ago

    CBSE > Class 11 > Economics
    • 1 answers

    Preeti Dabral 4 years, 4 months ago

    1. As long as MU is positive, TU increases.
    2. When MU is zero, TU is maximum i.e. point P in the diagram.
    3. When MU becomes negative, TU starts diminishing.

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    • Posted by Agnal Kuriakose 4 years, 5 months ago

    CBSE > Class 11 > Economics
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    • Posted by Chisla Dharmik 4 years, 5 months ago

    CBSE > Class 11 > Economics
    • 1 answers

    Sia ? 4 years, 5 months ago

    The slope of production possibility curve is marginal opportunity cost which refers to the additional sacrifice that a firm makes when they shift resources and technology from production of one commodity to the other. Therefore, if marginal opportunity cost remains constant then PPC will be a straight line owing to constant slope.

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    • Posted by Supreet Kaur 4 years, 5 months ago

    CBSE > Class 11 > Economics
    • 1 answers

    Sia ? 4 years, 5 months ago

    It represents economic growth. Economic growth is an increase in what an economy can produce if it is using all its scarce resources. An increase in an economy's productive potential can be shown by an outward shift in the economy's production possibility frontier (PPF).

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    • Posted by Simran Kaur 4 years, 5 months ago

    CBSE > Class 11 > Economics
    • 2 answers

    Nandini Surayavanshi 4 years, 5 months ago

    Economics is a social science concerned with the production, distribution, and consumption of goods and services. It studies how individuals, businesses, governments, and nations make choices about how to allocate resources. Economics focuses on the actions of human beings, based on assumptions that humans act with rational behavior, seeking the most optimal level of benefit or utility. The building blocks of economics are the studies of labor and trade. Since there are many possible applications of human labor and many different ways to acquire resources, it is the task of economics to determine which methods yield the best results.

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    Kavyansh Garg 4 years, 5 months ago

    It is a science of human behaviour concerned with a allocation of scarce means in such a manner that producer can maximize economic gain and consumer can maximize social satisfaction.

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    • Posted by Christina Lee George Xi A 16 4 years, 5 months ago

    CBSE > Class 11 > Economics
    • 1 answers

    Nandini Surayavanshi 4 years, 5 months ago

    Unemployment is when someone could work and wants to work but is unable to find a suitable job. The U.S. Bureau of Labor Statistics (BLS) has a more specific definition: people who don't have a job, have actively looked for work in the past four weeks, and currently are available for work.

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    • Posted by Ashmeen Sidhu 4 years, 5 months ago

    CBSE > Class 11 > Economics
    • 1 answers

    Nandini Surayavanshi 4 years, 5 months ago

    Collection of Data Statistics Class - XI 2. Synopsis 1. Key terms 2. Sources of data 3. Surveys 4. Census or complete Enumeration 5. Sample survey 6. Questionnaire 7. Types of questions 8. Open ended Vs Close ended 9. Mode of data collection 10. Pilot survey 11. Methods of sampling 12. Important agencies 3. Key Terms Variable: The values which change, such as production of food grains per annum, temperature of a city, etc. They are represented by the letters X,Y or Z. Observation: The value of an variable. Data: Observations corresponding to different variables. Statistical Investigation: It means search for information conducted by using statistical methods.

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