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    • Posted by Atul Bharti 5 years, 11 months ago

    CBSE > Class 11 > Economics
    • 0 answers
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    • Posted by Atul Bharti 5 years, 11 months ago

    CBSE > Class 11 > Economics
    • 1 answers

    Kunal Goswami 5 years, 11 months ago

    The factors which affects the demand of commodity are called Determinants of Demand. The factors are:- 1. Price of Goods- There is inverse relationship between price and quantity demand of a commodity. If price of good rises, then its quantity demand decreases and if the price decreases then its quantity demand will increases. 2. Money Income- If the Income of a consumer increases then its quantity purchase of good also increases. If the money income decreases then the demand also decreases. 3. Taste and Preferences- When a consumer prefer good X the most then its demand would automatically increases. Similarly, if the preferences is very low then its demand also decreases. 4. Population- The population of a commodity is directly related to the quantity demand of a commodity i.e. if population increases, the demand also increases. 5. Time period- If the time period exist favourable for a commodity then its demand would automatically increases. 6. Price related to Goods- There are two types of goods exist:- (A). Substitute goods- It is a type of good which can be change other types of related goods and the want of a consumer can be satisfied by altering or replacing its related goods. (B). Complementary goods- when two or more goods are together needed to satisfy the want of a consumer then they are known as complementary goods.

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    • Posted by Atul Bharti 5 years, 11 months ago

    CBSE > Class 11 > Economics
    • 0 answers
    ANSWER

    • Posted by Atul Bharti 5 years, 11 months ago

    CBSE > Class 11 > Economics
    • 0 answers
    ANSWER

    • Posted by Swati Sagar 5 years, 11 months ago

    CBSE > Class 11 > Economics
    • 3 answers

    Sailesh Sundar 5 years, 11 months ago

    Poi patida summa question kekuren vantha

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    Kanish Handuja 5 years, 11 months ago

    Good yogita

    1Thank You

    Yogita Ingle 5 years, 11 months ago

    Direct personal investigation is the method in which data are collected by the investigator personally from sources concerned.

    MERITS:-

    1.this method ensures high degree of accuracy.

    2.collected data are uniform because they are collected by one person.

    3.original data are collected by this method.

    4.comparative study is possible.

    DEMERITS:-

    1.this method requires a long time an involves enormous cost.

    2.this method consumes more time.

    3. in this method there is more use of power.

    4.this method is highly prone to personal bias of the investigator.

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    • Posted by Amit Kumar 5 years, 11 months ago

    CBSE > Class 11 > Economics
    • 0 answers
    ANSWER

    • Posted by Himanchal Pradhan 5 years, 11 months ago

    CBSE > Class 11 > Economics
    • 0 answers
    ANSWER

    • Posted by Thangam Prashanth 5 years, 11 months ago

    CBSE > Class 11 > Economics
    • 4 answers

    Aviral Jain 5 years, 11 months ago

    A consumer is an economic agent who uses goods and services for the direct satisfaction of his/her wants

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    Kanish Handuja 5 years, 11 months ago

    Non veg example

    0Thank You

    Kanish Handuja 5 years, 11 months ago

    Can i give u example

    0Thank You

    Kanish Handuja 5 years, 11 months ago

    Consumer are those person who consume anything

    1Thank You

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    • Posted by Amit Kumar 5 years, 11 months ago

    CBSE > Class 11 > Economics
    • 1 answers

    Shubh Patel 5 years, 11 months ago

    True or false

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    • Posted by Àmån Šhármä 5 years, 11 months ago

    CBSE > Class 11 > Economics
    • 1 answers

    Àmån Šhármä 5 years, 11 months ago

    TP increase at increasing rate MP also increase TP increase at diminishing rate MP decreases TP is maximum MP is zero TP start decline MP should be negative

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    • Posted by Yasin Akhtar 5 years, 11 months ago

    CBSE > Class 11 > Economics
    • 1 answers

    Kritagya Devadiya 5 years, 11 months ago

    When rise in quantity supplied of a commodity is due to increase in own price of commodity. ??

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    • Posted by Teeshika Mor 5 years, 11 months ago

    CBSE > Class 11 > Economics
    • 1 answers

    Yogita Ingle 5 years, 11 months ago

    (i) Change in price of substitute goods: There is positive or direct relationship between the price of substitute commodity and demand for a good. If price of substitute rises the demand for a commodity also rises and vice versa.

    (ii) Change in price of complementary goods: There is negative or indirect relationship between the price of complementary commodity and demand for a good. If price of complement ary good rises the demand for a commodity also falls and vice versa.

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    • Posted by Sahil Rathore 5 years, 11 months ago

    CBSE > Class 11 > Economics
    • 0 answers
    ANSWER

    • Posted by Ashu Upadhyay 5 years, 11 months ago

    CBSE > Class 11 > Economics
    • 1 answers

    Yogita Ingle 5 years, 11 months ago

    The demand curve is a graphical depiction of the association between the price of a commodity or service and the number demanded for a given time frame. In a typical depiction, the cost will appear on the left vertical axis, the number (quantity) demanded on the horizontal axis.

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    • Posted by Musheer Alam 5 years, 11 months ago

    CBSE > Class 11 > Economics
    • 3 answers

    Prachi 5 years, 11 months ago

    Microeconomics is that branch of economics in which economic problems are studied at individual level. Example: behaviour of consumer, firms, etc.

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    Vijay Ladva 5 years, 11 months ago

    Micro is individual studies like consumer demand

    0Thank You

    Yogita Ingle 5 years, 11 months ago

    Microeconomics is the study of decisions made by people and businesses regarding the allocation of resources and prices of goods and services. The government decides the regulation for taxes. Microeconomics focuses on the supply, that determines the price level of the economy. It uses the bottom-up approach strategy to analyze the economy. In other words, microeconomics tries to understand human choices and resource allocation. Microeconomics does not decide what are the changes taking place in the market, instead, it explains why there are changes happening in the market.

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    • Posted by Yogendra Mohan Yadav 5 years, 11 months ago

    CBSE > Class 11 > Economics
    • 1 answers

    Musheer Alam 5 years, 11 months ago

    Wath is micro economics?

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    ANSWER

    • Posted by Nimisha Panseriya 5 years, 11 months ago

    CBSE > Class 11 > Economics
    • 1 answers

    Yogita Ingle 5 years, 11 months ago

    asis

    Positive Economics

    Normative economics

    Meaning

    Studies with what is or how the economic problem are originally solved.

    Studies with what ought or how the economic problem should be solved.

    Validity

    It can be verified with original data.

    It cannot be verified with original data.

    Aim

    It aims to provide original description of an economic activity.

    It aims to determine the principles.

    Suggestive

    It is based on set of collected facts.

    It is based on opinion of the individual.

    Example

    Prices and inequalities of income level in an economy.

    Government should generate more employment opportunities.

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    • Posted by Shifran Qadri 5 years, 11 months ago

    CBSE > Class 11 > Economics
    • 0 answers
    ANSWER

    • Posted by Amit Bisht 5 years, 11 months ago

    CBSE > Class 11 > Economics
    • 2 answers

    Soumyadeep Paul 5 years, 11 months ago

    1.)Law of Variable Proportion states that by changing one input, keeping other factors constant, Total Products (TP) initially increases at an increasing rate, then at decreasing rate and then finally at negative rate. 2.) (i)When TP increases at increasing rate, Marginal Product (MP) also increases. (ii) When TP increases at decreasing rate, MP falls. (iii) When TP falls (negative returns) ,then MP becomes negative.

    0Thank You

    Yogita Ingle 5 years, 11 months ago

    (1) The law of variable proportions is as follows: “If a producer increases the units of a variable factor while keeping other factors fixed, then initially the total product increases at an increasing rate, then it increases at a diminishing rate, and finally starts declining.”

    (2) The law of variable proportions state that as the quantity of one factor is increased, keeping the other factors fixed, the marginal product of that factor will eventually decline. This means that up to the use of a certain amount of variable factor, marginal product of the factor may increase and after a certain stage it starts diminishing.
    Assumptions of Law of Variable Proportions:
    1. Constant State of Technology: First, the state of technology is assumed to be given and unchanged. If there is improvement in the technology, then the marginal product may rise instead of diminishing.
    2. Fixed Amount of Other Factors: Secondly, there must be some inputs whose quantity is kept fixed. It is only in this way that we can alter the factor proportions and know its effects on output. The law does not apply if all factors are proportionately varied.

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    • Posted by Käràn Kannu 5 years, 11 months ago

    CBSE > Class 11 > Economics
    • 1 answers

    Soumyadeep Paul 5 years, 11 months ago

    Substitute goods are those goods which can be used in place of ine another for sarisfaction of a particular want. Ex.: Tea and Coffee. An increase in the price of substitute leads to an increase in the demand for given commodity and vice-versa.

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    • Posted by Jag Dev Bushehri Jag Dev 5 years, 11 months ago

    CBSE > Class 11 > Economics
    • 0 answers
    ANSWER

    • Posted by Harshita Chaubey 5 years, 11 months ago

    CBSE > Class 11 > Economics
    • 0 answers
    ANSWER

    • Posted by Tanuj Nain 5 years, 11 months ago

    CBSE > Class 11 > Economics
    • 0 answers
    ANSWER

    • Posted by Pooja Sharma 5 years, 11 months ago

    CBSE > Class 11 > Economics
    • 0 answers
    ANSWER

    • Posted by Kaushal Kumar 5 years, 11 months ago

    CBSE > Class 11 > Economics
    • 1 answers

    Yogita Ingle 5 years, 11 months ago

    Cumulative frequency series is that series in which the frequencies are continuously added corresponding to each class-interval in the series.

    1Thank You

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    • Posted by Nishu Kumari 5 years, 11 months ago

    CBSE > Class 11 > Economics
    • 0 answers
    ANSWER

    • Posted by Aayushi Rathi 5 years, 11 months ago

    CBSE > Class 11 > Economics
    • 0 answers
    ANSWER

    • Posted by Kusum Kerwani 5 years, 11 months ago

    CBSE > Class 11 > Economics
    • 0 answers
    ANSWER

    • Posted by Shweta Singh 6 years ago

    CBSE > Class 11 > Economics
    • 0 answers
    ANSWER

    • Posted by Pranjul Sharma 6 years ago

    CBSE > Class 11 > Economics
    • 0 answers
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