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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

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What is sub- normal profit?

Posted by Akash Singh 6 years, 1 month ago

CBSE > Class 11 > Economics

2 answers

Maheshwari Mansi 6 years ago

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

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Guraish Bagri 6 years, 1 month ago

Losses

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Who is a producer

Posted by Deepak Kashyap 6 years, 1 month ago

CBSE > Class 11 > Economics

2 answers

Aryan लालावत 6 years, 1 month ago

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

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Raghav Vohra Vlogs 6 years, 1 month ago

Hii

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What are the effects on PPC due to various government policies

Posted by Aditi Aprark 6 years, 1 month ago

CBSE > Class 11 > Economics

1 answers

Khushi Sandhu 6 years, 1 month ago

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

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................. is the arithmetic mean of the deviations of various items from their average

Posted by Ashok Malik 6 years, 1 month ago

CBSE > Class 11 > Economics

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How to make quesnnair on demand and its determinant

Posted by Shyam Bihari 6 years, 1 month ago

CBSE > Class 11 > Economics

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the coeff. of elasticity of supply of a comm. is 2 . a supplier sell 20 units of comm at rs 10 what will be the quatity supplied if price rise by rs 2

Posted by Ananti Kaur 6 years, 1 month ago

CBSE > Class 11 > Economics

1 answers

Guraish Bagri 6 years, 1 month ago

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Difference between short run and long run productions

Posted by Kaveri Chettri 6 years, 1 month ago

CBSE > Class 11 > Economics

3 answers

Divyansh Monga 6 years, 1 month ago

Good question

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Atirek Kumar 6 years, 1 month ago

Thankyou for helping?

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Yogita Ingle 6 years, 1 month 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.

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Where are rest of the chapters of micro like cost

Posted by Anvesha Singh 6 years, 1 month ago

CBSE > Class 11 > Economics

1 answers

Khushi Sandhu 6 years, 1 month ago

What do you mean by rest of chaptert

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What is data ? What is need of a data? Discuss tja sources of data.

Posted by Likha Kamin 6 years, 1 month ago

CBSE > Class 11 > Economics

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When price is falls what is TR

Posted by Abdul Ra Samad 6 years, 1 month ago

CBSE > Class 11 > Economics

1 answers

Bharat Yadav 6 years, 1 month ago

Falls

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Consumer equilibrium using IC Analysis

Posted by Pulkit Batth 6 years, 1 month ago

CBSE > Class 11 > Economics

1 answers

Rohit Aggarwal 6 years, 1 month 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

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Cashless India

Posted by Krati Agrawal 6 years, 1 month ago

CBSE > Class 11 > Economics

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3 Exceptions of law of demand with easy explaination

Posted by Nidhi Pratihast 6 years, 1 month ago

CBSE > Class 11 > Economics

1 answers

Atirek Kumar 6 years, 1 month ago

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

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Why we all are study economic....what is the cause to study economic in commerce...why economic is not use in other stream....

Posted by Harsh Raj 6 years, 1 month ago

CBSE > Class 11 > Economics

1 answers

R M 6 years, 1 month 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.

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State the assumptions of ppc

Posted by Venkat Venkat 6 years, 1 month ago

CBSE > Class 11 > Economics

2 answers

Yogita Ingle 6 years, 1 month 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.

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Venkat Venkat 6 years, 1 month ago

I dont know

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there are 7 children in a family and live average of them is 12 .one child died what will be the average age of remaining children after 5 years

Posted by Vipul Saini 6 years, 1 month ago

CBSE > Class 11 > Economics

1 answers

Harshika Saxena 6 years, 1 month 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 .

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Given px=py=3 and MRS=3. It's the consumer in equilibrium. If not how does he restore equilibrium

Posted by Anu? Negi 6 years, 1 month ago

CBSE > Class 11 > Economics

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What is index number? Discuss its importance.

Posted by Supriya Jaiswal 6 years, 1 month ago

CBSE > Class 11 > Economics

1 answers

Maheshwari Mansi 6 years ago

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

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How to find mean(X)

Posted by Utkarsh Sharma 6 years, 1 month ago

CBSE > Class 11 > Economics

1 answers

Supriya Jaiswal 6 years, 1 month ago

There are three way to find mean - 1.Arithmetic mean 2. Short - cut method 3. Step derivation method

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this time micro economics include in our syllabus in 2020 where is macro economics as and no option are there so let me introduce microeconomics of class 11

Posted by Faij Khan 6 years, 1 month ago

CBSE > Class 11 > Economics

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What is economics policy

Posted by Ajay Chahal 6 years, 1 month ago

CBSE > Class 11 > Economics

0 answers

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What are the conditions of producer's equilibrium

Posted by Himanshu Panjwani 6 years, 1 month ago

CBSE > Class 11 > Economics

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a project on ppc

Posted by Niveda Fancy 6 years, 1 month ago

CBSE > Class 11 > Economics

0 answers

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Rajasthan ke Rajat boonde

Posted by J.K.S.S Boy Junaid Khan Shakeel Shaikh 6 years, 1 month ago

CBSE > Class 11 > Economics

1 answers

J.K.S.S Boy Junaid Khan Shakeel Shaikh 6 years, 1 month ago

Rajasthan ke Rajat boonde ncrt solution short questions answere

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What is correlation. What are the important of correlation

Posted by Enda Mary Khongsit 6 years, 1 month ago

CBSE > Class 11 > Economics

2 answers

Yogita Ingle 6 years, 1 month 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.

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Jatin Yadav 6 years, 1 month ago

Correlatin: one data group series is related to the others

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What is. Economic

Posted by anup****@***** 6 years, 1 month ago

CBSE > Class 11 > Economics