The PPC or the Production Possibility Curve is not effected or influenced by the demonetization in India. The demonetization has resulted in a very bad position of the cash which when we get in hand is reduced.

This will eventually lead to PPC being backward. As those assets are not regarded hence PPC isn't affected.

So as the time will pass investment will be reduced and go at a low level which will result in less production.

Production Possibility Curve won't be influenced by demonetization in India. Generation plausibility boondocks is different mixes of products that can be delivered without squandering any assets. Since assets are not influenced, PPC isn't influenced.

To give a financial framework where individuals try endeavors to their greatest advantage to take the nation to the outskirts is the objective of the administration and approach creators. Since demonetization has caused disturbances and there has been wastage, we have unquestionably moved to a point that is further inside the outskirts in contrast with the situation before demonetization.

It defines relationship between the quantitiy of a good consumers will purchase and the price charged for that good. It states that the quantity demanded for a good rises as the price falls, all other things staying the same (no change in the income of the consumer, taste of the consumer and price of other goods). These are other things that can affect demand besides price.

For example, if you really like Apple products, you might not mind paying a higher price for the new phone that just came out. If you get a new job and your income goes up, you might not mind paying higher prices for certain goods because of your new-found wealth.

Price floor implies legislated or government fixed minimum price that should be charged by the seller. The minimum price is fixed above the equilibrium price. For example, in India, minimum wage is fixed to safeguard the welfare of labourers and minimum support price is fixed to safeguard and protect the interests of the farmers by ensuring minimum returns to them.

Microeconomics studies the particular market segment of the economy . Microeconomics deals with various issues like demand, supply, factor pricing, product pricing, economic welfare, production, consumption, etc.,
Macroeconomics studies the whole economy, that covers several market segments . Macroeconomics deals with various issues like national income, distribution, employment, general price level, money, etc.,

The traditional and modern theory of cost

• The traditional theory of cost consists of short and long-run costs. The short-run is fixed for some period and consists of usually entrepreneurship and equipment. The long-run is the cost over which the factors becomes variable.  

• The short-run costs of traditional method include TC = TFC + TVC. They include the salaries of administrative staff, wear and tear of machinery, and expense of land and depreciation.  The variable costs include the raw materials and costs of indirect labor.

• The long-run costs of the traditional method said to be in the form of a planning curve, which guides in decision making and expansion of future output. It is derived from the short-run average costs.

• The modern cost theory regards the shape of curves and appears to be in the form of U shaped. The short term curves are AFC, SMC, SAC  derived form the tola fixed, and variable costs.  

• Long term cost curves are L shaped and curves fall after a point and may slope down gently.

Weighted Mean is an average computed by giving different weights to some of the individual values. If all the weights are equal, then the weighted mean is the same as the arithmetic mean.

In a nutshell, descriptive statistics focus on describing the visible characteristics of a dataset (a population or sample). Meanwhile, inferential statistics focus on making predictions or generalizations about a larger dataset, based on a sample of those data.