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why budget line is a straight line ? explain

Posted by Khanak Gupta 1 year, 5 months ago

CBSE > Class 11 > Economics

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Khanak Gupta 1 year, 5 months ago

ssvb

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Project on niti aayog of atleast 25 pages

Posted by Avika Dubey 1 year, 5 months ago

CBSE > Class 11 > Economics

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Case study on organic farming

Posted by Bhavya Gupta 1 year, 5 months ago

CBSE > Class 11 > Economics

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Calculate TP and AP from the following data: variable factor (units) 1,2,3,4,5, and MP (units) 10,11,10,9,8

Posted by Parshant Parshant 1 year, 6 months ago

CBSE > Class 11 > Economics

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Analyse the current scenario of demand supply of mangoes in your local market and write a report on it.

Posted by Lavi Chechi 1 year, 6 months ago

CBSE > Class 11 > Economics

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From your old mark-sheets find the marks that you obtained in mathematics in the previous class half yearly or annual examinations. Arrange them year-wise. Check whether the marks you have secured in the subject is a variable or not. Also see. If over the years, you have improved in mathematics.

Posted by Mohit Daharwal 1 year, 6 months ago

CBSE > Class 11 > Economics

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Meaning of attainable combinations

Posted by Kunal Agarwal 1 year, 6 months ago

CBSE > Class 11 > Economics

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Muskan Saha 1 year, 6 months ago

An attainable combination is the set or combination of two goods which is feasible by the economy to manufacture with the available resource allocation and technology.

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Will and economy operate at any point inside the PPF if resources are not fully and efficiently utilised?

Posted by Kunal Agarwal 1 year, 6 months ago

CBSE > Class 11 > Economics

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Muskan Saha 1 year, 6 months ago

Any economy that is operating on the PPF is said to be efficient, meaning that it would be impossible to produce more of one good without decreasing production of the other good.

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Explain the concept of MOC using a numerical examples

Posted by Nishant Khanna 1 year, 6 months ago

CBSE > Class 11 > Economics

3 answers

Kunal Agarwal 1 year, 6 months ago

Imagine :- If you have two commodities noodles and spaghetti. If you want to produce spaghetti you will have sacrifice some proportions of resources used to produce noodles or if you have to make noodles you will have to sacrifice some of the resources used to make spaghetti. It means that MOC works on a principle that to gain one additional unit of a commodity an economy needs to sacrifice some number of units of another commodity

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Muskan Saha 1 year, 6 months ago

If we want to move from combination A to combination B ,we will produce one additional unit of X but,we will have to for go 2 units of Y.The marginal opportunity cost of X in terms of Y at this stage is 2 units similarly for other combination too can be worked out.

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Rishab Raj 1 year, 6 months ago

Hello

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Calculate the Q1,Q3,D7,P65 find

Posted by Sachin Lubana 1 year, 6 months ago

CBSE > Class 11 > Economics

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How both microeconomics and macroeconomics are interdependent on each other?

Posted by Ak . 1 year, 6 months ago

CBSE > Class 11 > Economics

1 answers

Muskan Saha 1 year, 6 months ago

Macroeconomic depend on microeconomics.the analysis of a whole country only achieved through the analysis of the individual part of the economy. this is because the individual part of the economy make up the entire economy .hence both macro and microeconomic depend on each other.

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What is meant by distrust of statistics

Posted by Priyansh Arora 1 year, 7 months ago

CBSE > Class 11 > Economics

2 answers

Muskan Saha 1 year, 6 months ago

Distrust of statistics

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Muskan Saha 1 year, 6 months ago

Dispest of statistics means lake of confidence in statistics

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In two sector economy national product is equals to national income

Posted by Pieush Kejriwal 1 year, 7 months ago

CBSE > Class 11 > Economics

1 answers

Muskan Saha 1 year, 6 months ago

It means ,total money value of output is given to factors of production in the form of rent, wages, interest and profit for their services. so, national product is exactly equal to national income.

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What is meant by price ceiling? Explain it using suitable diagram

Posted by Swayang Sanswabeet Mishra 1 year, 7 months ago

CBSE > Class 11 > Economics

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supply is more elastic in case of

Posted by Anshulv Gautam 1 year, 7 months ago

CBSE > Class 11 > Economics

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Give reasons for the slow growth and re-emergence of poverty pakistan

Posted by Sandip Rathod 1 year, 7 months ago

CBSE > Class 11 > Economics

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Q- WHICH OF THE FOLLOWING STATEMENT IS CORRECT a) stock and supply are always equal b) stocks refers to quantity which comes to market for sale C) supply doesn't depend on government policys D) there is difference between supply and stock

Posted by Anurag Pandey 1 year, 8 months ago

CBSE > Class 11 > Economics

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Preeti Dabral 1 year, 8 months ago

D) there is difference between supply and stock

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Properties of correlation coefficient

Posted by Ansh Yadav 1 year, 8 months ago

CBSE > Class 11 > Economics

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Preeti Dabral 1 year, 8 months ago

The properties of Karl Pearson’s Coefficient of Correlation are:

Karl Pearson’s Correlation coefficient r has no unit. It is a pure number. It means a unit of measurement is not a part of r. It is independent of the origin and scale.
The value of the correlation coefficient lies between {tex}- 1 \leq r \leq 1{/tex}. If the value of r lies outside this range, it indicates there is some error in the calculation.
A negative value of r indicates an inverse relation. A change in one variable is associated with change in the other variable in the opposite direction.
If r is positive it indicates a direct relation and the two variables move in the same direction.
The converse of the theorem,i.e.,r=0, is not true, that is uncorrelated variables and need not necessarily be independent. Uncorrelation between the variables X and Y simply imply the absence of a linear relationship between them.
Therefore, if the data is too large, step deviation method is used, which makes the calculation of correlation coefficient easy.

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What is inferential statistics?

Posted by Shreya Agarwal 1 year, 8 months ago

CBSE > Class 11 > Economics

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Preeti Dabral 1 year, 8 months ago

Inferential statistics use measurements from the sample of subjects in the experiment to compare the treatment groups and make generalizations about the larger population of subjects. There are many types of inferential statistics and each is appropriate for a specific research design and sample characteristics.

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reasonable standard of accuracy meaning

Posted by Anshul Rawat 1 year, 8 months ago

CBSE > Class 11 > Economics

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Preeti Dabral 1 year, 8 months ago

Reasonable accuracy: The mathematical conclusion must be accurate based on the purpose of the investigation, its nature, size and available resources.

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Explain the leftward shift in demand curve

Posted by Tanya Dehraj 1 year, 8 months ago

CBSE > Class 11 > Economics

1 answers

Preeti Dabral 1 year, 8 months ago

Leftward shift of demand curve means decrease in demand. This is caused due to changes in any factor other than the price of its own commodity.

The leftward shift can occur due to the following reasons: -

(i) Decrease in price of substitute good - When there is a decrease in the price of substitute goods, the consumers will start demanding more of the substitue good, as a result demand for our good falls.

For eg. With decrease in price of substitute good (say coffee), demand for the given commodity (say tea) will decrease because the consumer will like to substitute tea for coffee as coffee has become cheaper.

(ii) Increase in Price of complementary good: When price of complementary good (say petrol) rises, the demand for the given commodity (say car) will fall.

(iii) Decrease in the income of the consumer: A fall in income of the consumer will lead to a decrease in demand as there is a direct relationship between income and demand.

(iv) Change in taste: When taste of the consumer shifts against the commodity due to change in fashion or climate the demand of the good falls.

(v) Expectation of future decrease in price: If the consumer expects a fall in the price of a particular commodity in the near future, then he would like to buy lesser quantity of the good.

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Give an example of quantity demand

Posted by Tanya Dehraj 1 year, 8 months ago

CBSE > Class 11 > Economics

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Preeti Dabral 1 year, 8 months ago

Say, for example, at the price of $5 per hot dog, consumers buy two hot dogs per day; the quantity demanded is two. If vendors decide to increase the price of a hot dog to $6, then consumers only purchase one hot dog per day.

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Find median in missing frequency

Posted by Shivam Bansal 1 year, 8 months ago

CBSE > Class 11 > Economics