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If 20% increase in price of commodity causes 10% increase in qty. supplied, then price elasticity of supply will be

Posted by Anshika Singh 1 year, 9 months ago

CBSE > Class 11 > Economics

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How do ppc effects on gst

Posted by Minal Zala 1 year, 8 months ago

CBSE > Class 11 > Economics

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Preeti Dabral 1 year, 8 months ago

GST will lead to increase in production potential increases the GDP of an economy. Therefore national imcome of the economy will increase. Due to increase in national income with fuller utilisation of resources PPC will shift rightward.

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What was state of indian industries at the time of independence

Posted by Sanjeev Kumar Kumarsanjeev6123@Gmail.Com 1 year, 8 months ago

CBSE > Class 11 > Economics

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Preeti Dabral 1 year, 8 months ago

The position of industries at the time of independence was not satisfactory.
Following were the features of Indian industries:

The decline of the Handicraft Industry- The Britishers followed the policy of destroying the traditional handicraft industry by allowing free import of manufactured goods from British and restricting export tariffs by playing heavy-duty on Indian handicrafts. Such a decline in the handicraft industry is called deindustrialisation.
Lack of Basic Industries- There was a lack of basic industries such as iron and steel, coal and capital goods.
Limited Role of the Public Sector- Public sector was confined to railways, power generation, communication, ports, etc.
Lack of Incentives- The British government did not provide incentives to Indian entrepreneurs to establish various industries. This resulted in a lack of sound industrial base. There was the downfall of cottage industries.

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What

Posted by Sanjeev Kumar Kumarsanjeev6123@Gmail.Com 1 year, 9 months ago

CBSE > Class 11 > Economics

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What is TP

Posted by Divyanshu Godson 🌫🎐 1 year, 8 months ago

CBSE > Class 11 > Economics

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Preeti Dabral 1 year, 8 months ago

TP stands for the Total product, MP stands for the Marginal Product and AP stands for the average product. Let's understand these briefly. Total Product: Total product is referred to as the relationship between the variable input and the output, when all other factors of input are constant.

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what is Ac ? explain it's phases with the help of table and diagram

Posted by Arman Toppo 1 year, 9 months ago

CBSE > Class 11 > Economics

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Parshant Kumar 1 year, 9 months ago

The phase diagram shows, in pressure–temperature space, the lines of equilibrium or phase boundaries between the three phases of solid, liquid, and gas. https://en.m.wikipedia.org › wiki Phase diagram - Wikipedia

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Supply

Posted by Darpan Goyal 1 year, 9 months ago

CBSE > Class 11 > Economics

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Parray Sahil 1 year, 9 months ago

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Darpan Goyal 1 year, 9 months ago

Supply

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Define Telephone interview method to collect primary data. Give it’s merits and demerits.

Posted by Naman Parjapat 1 year, 9 months ago

CBSE > Class 11 > Economics

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Parshant Kumar 1 year, 9 months ago

Telephone interviewing is an in-between methodology serving as the median between F2F interviews and surveys/panels. As a means of collecting primary, qualitative data, telephone interviews are becoming the preferred method as they deliver high quality response with less timing and cost commitments of F2F interview

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From the following data on the cost of production of a firm calculate TFC, AFC, TVC, AVC and MC Output:-0,1,2,3,4,5,6 Tc:-60,80,100,111,116,130,150

Posted by Prince Raghav 1 year, 9 months ago

CBSE > Class 11 > Economics

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The coefficient of price elasticity of demand for a commodity is 0.2. When price was ₹10 per unit, the quantity demanded was 40 units. At the price fall to ₹5 per unit, how much will it's quantity demanded

Posted by Swayam Kesherwani 1 year, 9 months ago

CBSE > Class 11 > Economics

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Explain budget line with diagram

Posted by Hemant Sharma 1 year, 9 months ago

CBSE > Class 11 > Economics

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What a dimand

Posted by Bhavin Machhi 1 year, 9 months ago

CBSE > Class 11 > Economics

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Hemant Sharma 1 year, 9 months ago

Demand is a wish or willing and able to buy a particular commodity at a given period of time

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A. Scattered diagram i) Measure the precise extent of correlation B. Positive correlation it) Relationship between price and demand C. Linear correlation (ili) The two sets of data do not show some fixed proportion to each other D. , Correlation [iv) Shows the direction and degree of relationship between the variables

Posted by Vedant Gandhi 1 year, 9 months ago

CBSE > Class 11 > Economics

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Project work statistics economic topic collection of data

Posted by Benjamin Rong 1 year, 10 months ago

CBSE > Class 11 > Economics

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What is the formula of range?

Posted by Moon Moon 1 year, 10 months ago

CBSE > Class 11 > Economics

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Zeyaaa Hayaat Iqbal 1 year, 9 months ago

Range = Maximum Value–Minimum Value

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What is classification of data?

Posted by Marta Basumatary 1 year, 10 months ago

CBSE > Class 11 > Economics

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Explain the effects on equilibrium price and quantity when both the demand and supply decrease simultaneously use diagram

Posted by Kaushiki Sharma 1 year, 10 months ago

CBSE > Class 11 > Economics

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Kaushiki Sharma 1 year, 10 months ago

Case I : When decrease in demand equals to When decrease in demand Case II:When decrease in demand greater than decrease in supply Case III:When decrease in demand less than decrease in supply

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Which of the following statement is true a) it is very difficult to misuse statistics B) statistics can be used by one and all c) statistics deals with all kinds of data d) statistics can be moulded to make god or devil from it

Posted by Anjali Sekhawat 1 year, 10 months ago

CBSE > Class 11 > Economics

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Nang Tamut 1 year, 10 months ago

It is very difficult to misuse statistics

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All laws of microeconomics

Posted by Tanishka Moonat 1 year, 10 months ago

CBSE > Class 11 > Economics

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Consumer awareness among households

Posted by Ayesha Rehan 1 year, 10 months ago

CBSE > Class 11 > Economics

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Preeti Dabral 1 year, 10 months ago

Consumer Awareness is an act of making sure the buyer or consumer is aware of the information about products, goods, services, and consumers rights. Consumer awareness is important so that buyer can take the right decision and make the right choice.

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project on changing prices of a few vegetables in a market using primary data

Posted by Ayesha Rehan 1 year, 10 months ago

CBSE > Class 11 > Economics