Ask questions which are clear, concise and easy to understand.
Posted by Harisankar Yadav 38 minutes ago
- 0 answers
Posted by Amanish Navodian an hour ago
- 0 answers
Posted by Nikhil Shoran 3 hours ago
- 2 answers
Posted by Kaju Kalu 4 hours ago
- 0 answers
Posted by Saiz Sid 6 hours ago
- 1 answers
Preet Vyas 6 hours ago
Posted by Gangesh Sharma 6 hours ago
- 2 answers
Posted by Pawan Sharma 6 hours ago
- 2 answers
Tanisha Garg 4 hours ago
Ayush Bafna 6 hours ago
Posted by Prasad Ma 7 hours ago
- 0 answers
Posted by Muskan Vishnoi 7 hours ago
- 1 answers
Yogita Ingle 7 hours ago
When the Government formulates the budget it keeps in mind many objectives . One of the essential objective is to increase the growth rate . The growth rate of a country depends on rate of saving and investment . So in order to raise the rate of savings and investment , budgetary policy aims to mobilise sufficient resources for investment in the public sector. To raise the overall savings and investment alteration of public expenditure , tax policies etc are the tools implemented by the government . More savings lead to more investment which results in more revenue generation .
Posted by Ayati Ayati 9 hours ago
- 2 answers
Yogita Ingle 8 hours ago
A market structure characterized by a single seller, selling a unique product in the market. In a monopoly market, the seller faces no competition, as he is the sole seller of goods with no close substitute.
In a monopoly market, factors like government license, ownership of resources, copyright and patent and high starting cost make an entity a single seller of goods. All these factors restrict the entry of other sellers in the market. Monopolies also possess some information that is not known to other sellers.
Characteristics associated with a monopoly market make the single seller the market controller as well as the price maker. He enjoys the power of setting the price for his goods.
Krishanu Saxena 9 hours ago
Posted by Rahul Kumar 10 hours ago
- 1 answers
Posted by Isha Guha 11 hours ago
- 1 answers
Devashish Kumar Jha 9 hours ago
Posted by Ananthu Ak 11 hours ago
- 2 answers
Yogita Ingle 9 hours ago
Minimum price ceiling means the least price that could be paid for a good or service. It is the price fixed by the government for a good in the market. The government fixes the price on agricultural products and food grains in particular so that the farmers get their fair price of a commodity which otherwise actually can be sold with too low of a price.
Effects of price floor:
(i) Minimum Return: Farmers are ensured with the minimum returns as their products are completely sold in the market at comparatively higher price. This leads to an increase in their level of income.
(ii) Maximum Level of output: The government ensures to buy the full produce of the farmers which are not sold in the market at the price floor. Hence, they are able to produce the maximum level of output.
(iii) Burden on Government: It also puts extra burden on the government revenues. It becomes mandatory for the government to purchase the excess produce, even if it runs a sufficient volume of buffer stocks.
(iv) Higher Taxes: The government also tries to shift the burden (associated with purchasing the excess produce at higher price) to the consumers and the traders in form of higher taxes.
Isha Guha 11 hours ago
Posted by Ananthu Ak 11 hours ago
- 1 answers
Yogita Ingle 9 hours ago
Minimum price ceiling means the least price that could be paid for a good or service. It is the price fixed by the government for a good in the market. The government fixes the price on agricultural products and food grains in particular so that the farmers get their fair price of a commodity which otherwise actually can be sold with too low of a price.
Effects of price floor:
(i) Minimum Return: Farmers are ensured with the minimum returns as their products are completely sold in the market at comparatively higher price. This leads to an increase in their level of income.
(ii) Maximum Level of output: The government ensures to buy the full produce of the farmers which are not sold in the market at the price floor. Hence, they are able to produce the maximum level of output.
(iii) Burden on Government: It also puts extra burden on the government revenues. It becomes mandatory for the government to purchase the excess produce, even if it runs a sufficient volume of buffer stocks.
(iv) Higher Taxes: The government also tries to shift the burden (associated with purchasing the excess produce at higher price) to the consumers and the traders in form of higher taxes
Posted by Raghuvir Rajpurohit 12 hours ago
- 2 answers
Harsh Singh 11 hours ago
Anurag Singh 12 hours ago
Posted by Sonal Chandila 13 hours ago
- 4 answers
Harsh Singh 11 hours ago
Posted by Lv Sharma 17 hours ago
- 3 answers
Posted by Lv Sharma 17 hours ago
- 1 answers
Harsh Singh 11 hours ago
Posted by Ambika Gupta 20 hours ago
- 1 answers
Posted by Lucifer Singh 1 day ago
- 2 answers
Posted by Sanjana Pataliya 1 day, 3 hours ago
- 2 answers
Indrajeet Singh Arora 8 hours ago
Posted by Shrinya Singh 1 day, 4 hours ago
- 2 answers
Harshita Marwaha 1 day, 1 hour ago
Prabh Bhangu 1 day, 3 hours ago
Posted by Bijay Srivastava 1 day, 4 hours ago
- 0 answers
Posted by Bijay Srivastava 1 day, 4 hours ago
- 0 answers
Posted by Guneet Rangi 1 day, 5 hours ago
- 2 answers
Harika Muskan 1 day, 4 hours ago
Posted by Guneet Rangi 1 day, 6 hours ago
- 1 answers
Yogita Ingle 1 day, 6 hours ago
| Desire | Demand |
| (i) Desire simply refers to the mere wish of a person to have a particular commodity. | Demand refers to a desire backed by the ability and willingness to pay for a particular commodity. |
| (ii) A person can desire anything at any point of time. There are no limitations for a desire. | There are several limitations affecting demand like ability to pay, willingness to buy etc. |
| <div>(iii) There is no relation between desire with price, place and time.</div> | Demand has relation with price, place and time |
| (iv) Desire has a wider scope as it includes demand. | Demand has a narrow scope as it is a part of desire. |
CBSE Study App
- Install myCBSEguide mobile app for FREE sample papers, Test Papers, Revision Notes, Previous year question papers, NCERT solutions and MCQ tests
- Refer myCBSEguide App to your friends and Earn upto Rs.500/-.
Create Question Papers
- We have 3,00,000+ questions to choose from.
- You can print these questions papers with your own Name and Logo.
This product is best fit for schools, coaching institutes, tutors, teachers and parents who wish to create most relevant question papers as per CBSE syllabus for their students to practice and excel in exams. Creating question papers online with your own name and logo takes less than 2 minutes. Just follow few steps, customise header and footer and download the question paper in PDF format.
Download eBooks as PDF
- Select eBook
- Pay online
- Download as PDF
Download CBSE sample papers, test papers and worksheets as PDF. Buy chapter wise online MCQ tests for day to day practice.
Work from Home
- Work from home with us
- Create questions or review them from home
No software required, no contract to sign. Simply apply as teacher, take eligibility test and start working with us. Required desktop or laptop with internet connection
