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    • Posted by Harsh Vardhan 6 years, 7 months ago

    CBSE > Class 12 > Economics
    • 0 answers
    ANSWER

    • Posted by Varis Singh 6 years, 7 months ago

    CBSE > Class 12 > Economics
    • 4 answers

    Yogita Ingle 6 years, 7 months ago

    Because in a situation of full employment of resources, production of one good can be increased only with sacrifice of some quantity of other good.
                               

    0Thank You

    Gaurav Raghore 6 years, 7 months ago

    Because of operation of tha law of increasing marginal opportunity cost.

    0Thank You

    Zeenat Anees 6 years, 7 months ago

    It is downward because of inverse relationship betweem two goods

    0Thank You

    Devashish Kumar Jha 6 years, 7 months ago

    Ppc slopes downward due to increasing marginal opportunity cost or MRT

    2Thank You

    ANSWER

    • Posted by Dev Narula 6 years, 7 months ago

    CBSE > Class 12 > Economics
    • 0 answers
    ANSWER

    • Posted by Himanshu Jain 6 years, 7 months ago

    CBSE > Class 12 > Economics
    • 1 answers

    Yogita Ingle 6 years, 7 months ago

    In Short Run Production Function only one input is increased and others are contant. A Short Run Production Function is expressed as Qx = f(LK). The behaviour of Total Product in this {unction is explained below:

    2Thank You

    ANSWER

    • Posted by Harmeet Kaur 6 years, 7 months ago

    CBSE > Class 12 > Economics
    • 1 answers

    Devashish Kumar Jha 6 years, 7 months ago

    It is a situation of excess supply where AD IS LESS THAN AS

    2Thank You

    ANSWER

    • Posted by Supreet Singh 6 years, 7 months ago

    CBSE > Class 12 > Economics
    • 3 answers

    Suman Sharma 6 years, 7 months ago

    Law of demand refers to the inverse relation b/w price and quantity demand ,other factors remain constant.....

    0Thank You

    Yogita Ingle 6 years, 7 months ago

    Law of Demand The law states that other things remaining constant, quantity demanded of a commodity increases with a fall in its own price and diminishes with a rise in its own price, i.e. there exist a inverse relationship between price and quantity demanded. Geometrically, it is represented by a downward sloping demand curve.

    0Thank You

    Harmeet Kaur 6 years, 7 months ago

    This law explain that ,when own price of a commodity change its quantity demand also changes . It means when own price rises, then it's quantity demanded falls and when own price falls it's quantity demanded rises , keeping other factor constant.

    0Thank You

    ANSWER

    • Posted by Nikunj Kakkar 6 years, 7 months ago

    CBSE > Class 12 > Economics
    • 2 answers

    Yogita Ingle 6 years, 7 months ago

    Price ceiling is the maximum price of a good which sellers can expect from buyers. This price is fixed by the government and is lower than the equilibrium market price of a good (OPe). Hence, the price ceiling leads to excess of demand and contract of supply.
    Effects of price ceiling:
    i. Price ceiling enables the availability of basic goods at reasonable prices to the poor.
    This enables to increase the welfare of the people.
    ii. When there is a fall in the price level, the demand for a good increases more than the supply of the good. Hence, it creates an excess demand for the good.
    iii. A consumer receives only a limited quantity of goods because the fixed quota system is followed. So, the consumer would not be able to satisfy his/her needs.
    iv. Goods which are available at ration shops are mostly of a low quality.
    v. As the consumer demands are not satisfied, they are willing to pay a high price for satisfying their demand in the market. This results in black-marketing which reduces the actual availability of goods in the market.

    1Thank You

    Utkarsh Gupta 6 years, 7 months ago

    Maximum price ceiling in which govt. Excess demand and short supply and in minimum price ceiling govt. Excess supply and short demand

    0Thank You

    ANSWER

    • Posted by Harpreet Singh 6 years, 7 months ago

    CBSE > Class 12 > Economics
    • 1 answers

    Yogita Ingle 6 years, 7 months ago

    Commercial banks create money even though they cannot print money. Bank deposits form the basis for credit creation. They accept deposits from the public by opening a deposit account known as the primary deposit. Banks do not hold the money in the account itself, and the entire amount is not withdrawn from the account at the same time. So, they advance loans to business persons and retain only a small portion of the total deposits in the bank. The Central Bank decides the amount to be held in the form of cash and the remaining amount is advanced as loans to business persons only against collateral securities. The bank will not give cash but open a derivative account in the name of the individual or institution. Here, the loans create a derivative deposit which is called a secondary deposit or derivative deposit. This secondary deposit is called the creation of credit. Hence, the banks are able to provide financial assistance to traders and industrialists. Their cheques and drafts are useful for trading on a large scale. It also provides concessional loans to the priority sectors such as agriculture, small-scale industry, retail trade and export. Thus, the production activity increases the overall development of the nation. 

    0Thank You

    ANSWER

    • Posted by Anesh Khemani 6 years, 7 months ago

    CBSE > Class 12 > Economics
    • 3 answers

    Devashish Kumar Jha 6 years, 7 months ago

    It is about AD=AS APPROACH WHERE HE ASSUME THAT IT IS PERFECTLY ELASTIC

    0Thank You

    Digvijay Pandey 6 years, 7 months ago

    This law says that 1 there is minimum consumption known as autonomous consumption even at zero level of national income because survival needs consumption 2 as the income increases consumption also increase 3 income rises at a greater proportion as compared to increase in consumption.

    1Thank You

    Vidhi Jain 6 years, 7 months ago

    about aggregate demand and supply and its equilibrium

    0Thank You

    ANSWER

    • Posted by Simran Verma 6 years, 7 months ago

    CBSE > Class 12 > Economics
    • 4 answers

    Nikunj Kakkar 6 years, 7 months ago

    https://media.giphy.com/media/1GlKbuWu2TgDC/giphy.gif

    1Thank You

    Annu Nisal 6 years, 7 months ago

    Consumption curve never starts from origen because when our income is at 0 still we consume and i.e. Autonomous consumption.... For example- at that time u are studying not earning money but still u consume food ...... Soo that's the reason why consumption is present at 0 level ☺☺

    4Thank You

    Dev Narula 6 years, 7 months ago

    Because at 0 level of income there must be some autonomous consumption....

    2Thank You

    Preet Vyas 6 years, 7 months ago

    because consumption cannot be 0 ,even at 0 level of income there will be consumption.

    1Thank You

    ANSWER

    • Posted by Kriti Kumari 6 years, 7 months ago

    CBSE > Class 12 > Economics
    • 1 answers

    Annu Nisal 6 years, 7 months ago

    3 methods of calculating national income i.e. 1: valu added method 2:- income method. ((( Rent + profit( retain earning+ dividend+ corporate tax ) + interest + royalty+ mixed income + compensation to employees ( contibution of employers+ wages and salary ))) 3:- expenditure method . (((((Private final consumption expenditure + government final consumption expenditure + net export( export - import) + gross domestic capital formation ( goss domestic fixed capital formation + change in stock( closing stock - opening stock))))

    0Thank You

    ANSWER

    • Posted by Aruna Yadav 6 years, 7 months ago

    CBSE > Class 12 > Economics
    • 2 answers

    Aruna Yadav 6 years, 7 months ago

    Thanks a lot Abhishek Attri!

    1Thank You

    Abhishek Attri 6 years, 7 months ago

    -0.53 , -0.80 ,-0.87 ,-3.1 (Answr given in sample paper book of arrihant)

    3Thank You

    ANSWER

    • Posted by Gaurav Bansal 6 years, 7 months ago

    CBSE > Class 12 > Economics
    • 4 answers

    Indrajeet Arora 6 years, 7 months ago

    I am going to do b. Com and M. Come there after b. Ed to become a successful proffesor in accountancy / economics

    1Thank You

    Digvijay Pandey 6 years, 7 months ago

    Exams are going to over now so I think Gaurav 's question is right. Now we have to think about future .

    1Thank You

    Avadhi Badjatya 6 years, 7 months ago

    Otherwise you will have to ask this question again in next year..

    0Thank You

    Avadhi Badjatya 5 years, 7 months ago

    Bulshitt !! First do Your 12th ??

    0Thank You

    ANSWER

    • Posted by Jay Nagda 6 years, 7 months ago

    CBSE > Class 12 > Economics
    • 1 answers

    Abhishek Attri 6 years, 7 months ago

    Issue of currency authority,Banker's bank and supervisor,Banker to the govt.,Controller of money supply and credit,Custodian of cash reserve

    1Thank You

    ANSWER

    • Posted by Arvind Jain 6 years, 7 months ago

    CBSE > Class 12 > Economics
    • 1 answers

    Abhishek Attri 6 years, 7 months ago

    Fiscal deficit not affected by interest payment, Primary deficit is affected by interest payment bcoz it is subtracted from the primary deficit

    1Thank You

    ANSWER

    • Posted by Chandresh Dhyani 6 years, 7 months ago

    CBSE > Class 12 > Economics
    • 1 answers

    Abhishek Attri 6 years, 7 months ago

    Indifference curve refers to a graphical representation of possible combination of bundle of two goods among the consumer is indifferent becauuse each level offers him a same level of satisfaction,, Consumer equilibrium refers to the situation where consuner having maximum satisfaction with his limited income and he has no tendency to change his way of his expenditure

    1Thank You

    ANSWER

    • Posted by Arvind Jain 6 years, 7 months ago

    CBSE > Class 12 > Economics
    • 1 answers

    Gaurav Seth 6 years, 7 months 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. 

    4Thank You

    ANSWER

    • Posted by Arvind Jain 6 years, 7 months ago

    CBSE > Class 12 > Economics
    • 1 answers

    Vidhi Jain 6 years, 7 months ago

    export is inflow in boffins and import is the outflow which is debited to bop

    1Thank You

    ANSWER

    • Posted by Manan Chugh 6 years, 7 months ago

    CBSE > Class 12 > Economics
    • 2 answers

    Gaurav Seth 6 years, 7 months ago

    1. Transfer Function: The basic and the most visible function of foreign exchange market is the transfer of funds (foreign currency) from one country to another for the settlement of payments. It basically includes the conversion of one currency to another,wherein the role of FOREX is to transfer the purchasing power from one country to another.

      For example, If the exporter of India import goods from the USA and the payment is to be made in dollars, then the conversion of the rupee to the dollar will be facilitated by FOREX. The transfer function is performed through a use of credit instruments, such as bank drafts, bills of foreign exchange, and telephone transfers.

    2. Credit Function: FOREX provides a short-term credit to the importers so as to facilitate the smooth flow of goods and services from country to country. An importer can use credit to finance the foreign purchases. Such as an Indian company wants to purchase the machinery from the USA, can pay for the purchase by issuing a bill of exchange in the foreign exchange market, essentially with a three-month maturity.
    3. Hedging Function: The third function of a foreign exchange market is to hedge foreign exchange risks. The parties to the foreign exchange are often afraid of the fluctuations in the exchange rates, i.e., the price of one currency in terms of another. The change in the exchange rate may result in a gain or loss to the party concerned.

      Thus, due to this reason the FOREX provides the services for hedging the anticipated or actual claims/liabilities in exchange for the forward contracts. A forward contract is usually a three month contract to buy or sell the foreign exchange for another currency at a fixed date in the future at a price agreed upon today. Thus, no money is exchanged at the time of the contract.

    There are several dealers in the foreign exchange markets, the most important amongst them are the banks. The banks have their branches in different countries through which the foreign exchange is facilitated, such service of a bank are called as Exchange Banks.

    2Thank You

    J K 6 years, 7 months ago

    1.Transfer function 2.credit function 3.hedging function

    0Thank You

    ANSWER

    • Posted by Dharamvir Parashar 6 years, 7 months ago

    CBSE > Class 12 > Economics
    • 1 answers

    Nitasha Yadav 6 years, 7 months ago

    It means that government decide the minimum price of any good this is decided above the equilibrium level government use this system mainly for agricultural goods and wages of the workers so the rich peoples can't explain them.

    0Thank You

    ANSWER

    • Posted by Shagun Vishwakarma 6 years, 7 months ago

    CBSE > Class 12 > Economics
    • 2 answers

    Nitasha Yadav 6 years, 7 months ago

    yes opportunity cost is implicit cost because it is our next best alternative or forgotten coast you don't pay opportunity cost any other person or outsiders.

    0Thank You

    Hairit Baisla 6 years, 7 months ago

    Yes

    0Thank You

    ANSWER

    • Posted by Preet Vyas 6 years, 7 months ago

    CBSE > Class 12 > Economics
    • 4 answers

    Jolly Chabra 6 years, 7 months ago

    AR=AC

    0Thank You

    Shagun Vishwakarma 6 years, 7 months ago

    When TR = TC

    0Thank You

    Krishanu Saxena 6 years, 7 months ago

    A firm earn normal profit when total revenue is equal to total cost.

    1Thank You

    Lv Sharma 6 years, 7 months ago

    out of syllabus

    0Thank You

    ANSWER

    • Posted by Sahil Kumar 6 years, 7 months ago

    CBSE > Class 12 > Economics
    • 3 answers

    Suman Sharma 6 years, 7 months ago

    (Change in demand .... it's due to change in other factor ) left word and right word shift demand curve ( change in quantity demand ....it's due to change in own price ) contraction and extension

    1Thank You

    Shagun Vishwakarma 6 years, 7 months ago

    Quantity demanded is the specific demand at specific price of any commodity by a consumer. Demand is willing power of a consumer to buy a commodity with sufficient purchasing power.

    1Thank You

    Krishanu Saxena 6 years, 7 months ago

    quantity demand is the actual demand of the comsumer

    1Thank You

    ANSWER

    • Posted by Mohit Sharma Mohit Sharma 6 years, 7 months ago

    CBSE > Class 12 > Economics
    • 1 answers

    Krishanu Saxena 6 years, 7 months ago

    As RBI provide loans to commercial banks in the time of crises. This function of RBI is considered as lender to the last resort.

    1Thank You

    ANSWER

    • Posted by Mohit Sharma Mohit Sharma 6 years, 7 months ago

    CBSE > Class 12 > Economics
    • 5 answers

    Vidhi Jain 6 years, 7 months ago

    it's affected by subsidies only as the other two are unilateral transfer and not included in national income

    1Thank You

    Manish Agarwall 6 years, 7 months ago

    Gst.. As it is in direct tax that reduces national income

    0Thank You

    Abhishek Attri 6 years, 7 months ago

    Corporation tax .. (Given in sample paper of arrihant)

    2Thank You

    Jolly Chabra 6 years, 7 months ago

    subsidies

    0Thank You

    Sonal Chandila 6 years, 7 months ago

    B)

    0Thank You

    ANSWER

    • Posted by Isshita Modi 6 years, 7 months ago

    CBSE > Class 12 > Economics
    • 1 answers

    Nishika Arora 6 years, 7 months ago

    1 when demand is perfectly elastic 2when there is proportionate increase in demand

    3Thank You

    ANSWER

    • Posted by Mohit Sharma Mohit Sharma 6 years, 7 months ago

    CBSE > Class 12 > Economics
    • 1 answers

    Nishika Arora 6 years, 7 months ago

    at zero level of output tc equals tfc

    0Thank You

    ANSWER

    • Posted by Manan Chugh 6 years, 7 months ago

    CBSE > Class 12 > Economics
    • 1 answers

    Abhishek Attri 6 years, 7 months ago

    Transfer ,Credit ,Hedging

    0Thank You

    ANSWER

    • Posted by Muskaan Rai 6 years, 7 months ago

    CBSE > Class 12 > Economics
    • 1 answers

    Vidhi Jain 6 years, 7 months ago

    he would consume more of x until the MUx falls due to ldmu and reaches to equilibrium condition

    0Thank You

    ANSWER

    • Posted by Goldi Keshri 6 years, 7 months ago

    CBSE > Class 12 > Economics
    • 1 answers

    Sanskriti Tiwari 6 years, 7 months ago

    Factor payment is the paymwnt made against the productive services rendered like salaries wages but transfer payment is the payment made against no such services Like gifts grants donations

    0Thank You

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