No products in the cart.

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

Ask Question
  • 1 answers

Shivam Gupta 5 years, 10 months ago

This is related to producers who produce goods In this we study total product and marginal product
  • 3 answers

Maheshwari Mansi 5 years, 9 months ago

Indian railways is an example of monopoly

Shivam Gupta 5 years, 10 months ago

No it is good to be monopoly competition because no one has control over it It is under control of government

Your Father 5 years, 10 months ago

because it is under govt control fully that is why it is monopolistic and also that it has no other competition
  • 2 answers

Shivam Gupta 5 years, 10 months ago

First calculate mean Then deviation from mean Add sum of these deviations Ignore negative sign Apply formulae deviation÷n N=number of items

Premchand Majhi 5 years, 10 months ago

Hii Nikku
  • 1 answers

Your Father 5 years, 10 months ago

IG=INTERMEDIATE GOODS\FG =FINAL GOODS IG are goods that are used for resale purpose or for producing another commodity FG are which are ready to consume by a firm or household IG are goods which are within the production boundry FG are goods which are beyond the porduction boundry
  • 2 answers

Maheshwari Mansi 5 years, 9 months ago

Subnormal profit or abnormal profit is refers to excess of earnings over the total production cost

Guraish Bagri 5 years, 10 months ago

Losses
  • 2 answers

Aryan लालावत 5 years, 10 months ago

Producer is a person who produces goods and services to generate income

Raghav Vohra Vlogs 5 years, 10 months ago

Hii
  • 1 answers

Khushi Sandhu 5 years, 10 months ago

Ppc doesn't affected Only actual production level of an economy will come close to ppc or on ppc
  • 3 answers

Divyansh Monga 5 years, 10 months ago

Good question

Atirek Kumar 5 years, 10 months ago

Thankyou for helping?

Yogita Ingle 5 years, 10 months ago

  • The Short Run: In this scenario, at least 1 of the factors – either labour or capital – cannot be diversified, hence, remains constant. In order to differ the level of output, the enterprise can differ only the other factor. The factor that remains constant (fixed) is known as the fixed factor and the other factor which the enterprise can vary is known as the variable factor.
  • The Long Run: In this scenario, all factors of production can be diversified or varied. An enterprise in order to manufacture different degrees of output in the long run may differ both the inputs concurrently. Hence, in the long run, there is no fixed factor.
  • 1 answers

Khushi Sandhu 5 years, 10 months ago

What do you mean by rest of chaptert
  • 1 answers

Bharat Yadav 5 years, 10 months ago

Falls
  • 1 answers

Rohit Aggarwal 5 years, 10 months ago

Consumer Equilibrium-consumer equilibrium refers to a situation when a consumer having maximum satisfaction with his limited income and has no tendency to change his way of existing expenditure Assumptions- 1)both goods are substituted goods 2)consumer income and price of commodity are given 3)consumer will be rational 4)law of DMU will be held 5)utility will be measured in order Condition- 1)MRSxy=Px÷Py Slope of IC=Slope of budget line 2)Ic is convex at equilibrium
  • 0 answers
  • 1 answers

Atirek Kumar 5 years, 10 months ago

1. Giffien goods 2. Status goods 3. Ignorance of guality (irrational judgmentby the consumer) 4. Necessity goods etc.....
  • 1 answers

R M 5 years, 10 months ago

Economic is the study of choice in presence of scarcity.It helps in optimum utilisation of resources. Economic in commerce stream is very important as commerce deals with money or monetary issue and economics help in taking right decision in effective and efficient manner because their is always scarcity of money.
  • 2 answers

Yogita Ingle 5 years, 10 months ago

The production possibility curve is based on the following Assumptions:
(1) Only two goods X (consumer goods) and Y (capital goods) are produced in different proportions in the economy.
(2) The same resources can be used to produce either or both of the two goods and can be shifted freely between them.

Venkat Venkat 5 years, 10 months ago

I dont know
  • 1 answers

Harshika Saxena 5 years, 10 months ago

It means sum of outcomes =12*7=84 . Now , We have to find the average after 5 years so we will substract 5 from 84 =79. Also 1 chil had died so no of outcomes will remain to be 6, then average age will be 79\6= 13.16 . If usable please like or answer and let me know that it is usable, thank you for asking .
  • 1 answers

Maheshwari Mansi 5 years, 9 months ago

Index number is a statistical device for measuring changes in the magnitude of a group of related variables
  • 1 answers

Supriya Jaiswal 5 years, 10 months ago

There are three way to find mean - 1.Arithmetic mean 2. Short - cut method 3. Step derivation method
  • 0 answers
  • 0 answers
  • 0 answers
  • 1 answers
Rajasthan ke Rajat boonde ncrt solution short questions answere
  • 2 answers

Yogita Ingle 5 years, 10 months ago

 Correlation is a statistical tool which studies the relationship between two variables e.g. change in price leads to change in quantity demanded.
Correlation studies and measures the direction and intensity of relationship among variables. It measures co-variation not causation. It does not imply cause and effect relation.

Jatin Yadav 5 years, 10 months ago

Correlatin: one data group series is related to the others
  • 1 answers

Jadeja Jaydeepsinh 5 years, 10 months ago

Economic is science who studied human behaviour want and scare is called economics

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