CBSE > Class 11 > Economics | CBSE Board | Homework Help

* it does not touch x axis and y axis * it does not intersects each other * ic slopes downwards due to monotonic preferences * ic is concave to the point of origin

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what is the relationship between MC and AC

Posted by Sachin Puruseth 7 years ago

CBSE > Class 11 > Economics

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Relation between TPandMP

Posted by Dinesh Soni 7 years ago

CBSE > Class 11 > Economics

1 answers

Yogita Ingle 7 years ago

Relationship between MP and TP is stated below:
(i) When MP increases, TP increases at an increasing rate.
(ii) When MP decreases, TP increases at a diminishing rate.
(iii) When MP = 0, TP is maximum.
(iv) When MP is negative, TP declines.

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Define Law of Variable proportionate.

Posted by Sayan Chowdhury 7 years ago

CBSE > Class 11 > Economics

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Production in an economy is below its potential due to unemployement. Govt. Starts income generation schemes.explain its effect using ppc

Posted by Lav Kumar 7 years ago

CBSE > Class 11 > Economics

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Define lorenz curve

Posted by Sanjana Kumari 7 years ago

CBSE > Class 11 > Economics

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Nikhil Falwaria 7 years ago

It is a curve that shows deviation of actual distribution from the line showing equal distribution.

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Formula of correlation

Posted by Renu Agarwal 7 years ago

CBSE > Class 11 > Economics

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Rishi Sharma 7 years ago

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What happen in MU when TU is Maximus

Posted by Sachin Sachin 7 years ago

CBSE > Class 11 > Economics

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Sachin Pandit 7 years ago

The mu will become zero

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Sakshi Sharma??️??️ 7 years ago

MU becomes ZERO

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Sachin Sachin 7 years ago

Zero

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State the relationship between TC and MC

Posted by Sachin Sachin 7 years ago

CBSE > Class 11 > Economics

1 answers

Yaser Siddiquee 7 years ago

There exists a close relationship between the various types of costs. Let us understand the relationship between the following costs 1. Average Cost (AC) and Marginal Cost (MC) 2. Average Variable Cost (AVC) and Marginal Cost (MC) 3. Average Cost (AC) and Average Variable Cost (AVC) and Marginal Cost (MC) 4. Average Cost (AC) and Average Variable Cost (AVC) 5. Total Cost (TC) and Marginal Cost (MC)

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Explain the consumer's equilibrium through ordinal utility analysis

Posted by Yaser Siddiquee 7 years ago

CBSE > Class 11 > Economics

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What is consumer equilibrium in case of single commodity.... Explain with table and diagram

Posted by Nandini Sharma 7 years ago

CBSE > Class 11 > Economics

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What is difference between table and tabulation

Posted by Pooja Singla 7 years ago

CBSE > Class 11 > Economics

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Yogita Ingle 3 years, 5 months ago

Table presents the data systematically, especially in rows and columns. On the other hand, tabulation can be defined as the process of placing classified data into tabular form.

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Explain the market equilibrium when income of consumer in case of normal good

Posted by Mohit Kumar 7 years ago

CBSE > Class 11 > Economics

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What are the factora affecting supply of a commodity

Posted by Roshan Sah 7 years ago

CBSE > Class 11 > Economics

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Aditi Majumder 7 years ago

1- goal of the firm 2- price of the commodity 3- price of related goods 4- price of factors of production 5- no. of firms 6- technology 7- govt. policy 8- future expectation

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Estimate the value of aggregate demand in an economy if Autonomous consumption. Rs50 Marginal propensity to save. 0.2 Level of income. Rs 4000 Autonomous investment. Rs100

Posted by Harshika Singh 7 years ago

CBSE > Class 11 > Economics

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Hey guys .. is ur annual exams are over ... ??

Posted by Himani ?? 7 years ago

CBSE > Class 11 > Economics

3 answers

Bokaro Gamers 7 years ago

Still going ☹

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Sakshi Sharma??️??️ 7 years ago

On 14 March

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Sumit Garg 7 years ago

Tomorrow is economics one .

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I have

Posted by Kshitiz Rai 7 years ago

CBSE > Class 11 > Economics

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Sakshi Sharma??️??️ 7 years ago

What

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Alaborate the price disceimination feature of monopoly

Posted by Vishnu Varfa 7 years ago

CBSE > Class 11 > Economics

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Sachin Puruseth 7 years ago

in Monopoly market a single seller barrier intothe market. And example are Indian Railway post office.

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Compare the market forms of monopolistic competiton and monopoly

Posted by Ashish Kumar 7 years ago

CBSE > Class 11 > Economics

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Implications of non price competition in oligopoly

Posted by Abhijeet Singh 7 years ago

CBSE > Class 11 > Economics

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A consumer buys 200 units of a good at a price of 20 per unit.Price elasticity of demand is -2.At what price will he be willing to purchase 300 units?

Posted by Xxxxxxx Xxxxxx 7 years ago

CBSE > Class 11 > Economics

1 answers

Keshav Bindal 7 years ago

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Price elasticity of demand is (_0.75)calculate of %change its price that will result in 150%rise in its demand

Posted by Palak Soni 7 years ago

CBSE > Class 11 > Economics

1 answers

Sumit Garg 7 years ago

Ed=-0.75 Percentage change in quantity demanded =150% Percentage change in price = ? -0.75 = %∆P/%∆Q %∆P= 150/-0.75 =- 200% Therefore percentage change in price is - 200%.

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A consumer consume only 2 goods ,each price rupees 1 per unit . If the consumer chooses a combination of 2 goods with MRS equal to 2 ,is the consumer is in equilibrium ?give reason ,explain what rational consumer do........ Answer fast tomorrow is my exam...plzzzzz

Posted by Kanishka Raturi 7 years ago

CBSE > Class 11 > Economics

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Sumit Garg 7 years ago

No, in the given statement the consumer is not in the equilibrium because the required situation for consumer equilibrium is MRSab = Pa/Pb . In the given question MRS is greater then the ratios of their respective prices. The to attain equilibrium , the conumer will go on sacrificing more unit of second to get additional unit of first unit . After some time this will lead to mariginal unity . Hence the consumer will be in an equilibrium.

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Oppurtunity cost

Posted by Jaskiran Kaur 7 years ago

CBSE > Class 11 > Economics