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Shiva Kumar 1 year, 9 months ago

Excess demand means the demand which increased more than expected. Excess suplly means the supply increased more than needed.
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Pritam Chetry 1 year, 9 months ago

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  • 3 answers

Anjali Shukla 1 year, 8 months ago

Price elasticity of demand is a ratio between percent change in quantity demanded and percentage change is own price of a commodity

Suraj Singh 1 year, 9 months ago

The formula for price elasticity is percentage change in quantity/percentage change in price

Krishna Rathore 1 year, 9 months ago

Price
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Jenish Sharma 1 year, 9 months ago

What is price of elasticity of demand

Anku Mandal 1 year, 9 months ago

Cost means the sum total of actual expenditure on input or payment made to outsider for hiring thier factor service, for example payment for new materials etc.
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Jenish Sharma 1 year, 9 months ago

What is price of elasticity of demand

Girish Kumar 1 year, 10 months ago

What is economics

Girish Kumar 1 year, 10 months ago

Digital India projact
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Balajishree Sarangan 1 year, 10 months ago

Answer
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Devgun Pro 1 year, 11 months ago

The market demand function represents the total quantity of a good demanded by all individuals at each price. It is derived by summing up horizontally the demand curve of each consumer. For each price, the quantity demanded by each consumer is added up horizontally to derive the total quantity demanded in the market.
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Vihani Verma 1 year, 11 months ago

In nutshell, an economy has to allocate its resources and choose from different potential bundles of goods (What to produce), select from different techniques of production (How to produce), and decide in the end, who will consume the goods (For whom to produce).

Soumya Songara 1 year, 11 months ago

What to produce? How to produce? And for whom to produce?

Palak Meena 1 year, 11 months ago

What to produce ? How to produce ? For whom to produce ?

Tanvi Garg 1 year, 11 months ago

What to produce? How to produce? For whom to produce?
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Vihani Verma 1 year, 11 months ago

Dadabhai Naroji advocated the theory of 'Drain of Wealth' in the 19th century. The colonial period was marked by the exploitation of Indian resources. The sole motive of Britain to conquer India was to own a perennial source of cheap raw materials to feed its own industrial base in Britain.

Baharul Islam 1 year, 11 months ago

Central of economic problems
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Rajbir Singh Nagpal 1 year, 11 months ago

Tp*
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Soumya Songara 1 year, 11 months ago

Production possibility curve(PPC orPPF) It is graphical representation.It is possible combination of two goods.

Tanvi Garg 1 year, 11 months ago

PPC refers to the graphical presentation of combination of two goods that can be produced in an economy when resources are given/technology, remain constant

Mahi Rawal 1 year, 11 months ago

Ch 1more question
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Tanvi Garg 1 year, 11 months ago

Bar graph have space between two bars but histogram were attached with each other

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