No products in the cart.

Ask questions which are clear, concise and easy to understand.

Ask Question
  • 1 answers

Rajip Chowdhury 7 years, 1 month ago

In case of one commodity the equilibrium condition is P=MU.And for two comm the condition is MU AND Price ratio of both goods the goods should be equal to the marginal utility of money. Thanx
  • 2 answers

Rajip Chowdhury 7 years, 1 month ago

Average product is derived by the average of total product and unit of factor employed.Now since tp will fall but will remain positive and so average product cannot be negatve.

Tanisha Garg 7 years, 1 month ago

No
  • 0 answers
  • 2 answers

Shweta Aggarwal 7 years, 1 month ago

Incresing returns to a factor

Poonam Goyal 7 years, 1 month ago

increasing return
  • 1 answers

Abhishek Nayal 7 years, 1 month ago

Resource allocation is a process and strategy involving a company deciding where scarce resources should be used in the production of goods or services. A resource can be considered any factor of production, which is something used to produce goods or services. Resources include such things as labor, real estate, machinery, tools and equipment, technology, and natural resources, as well as financial resources, such as money.
  • 2 answers

Abhishek Nayal 7 years, 1 month ago

The law of demand states that quantity purchased varies inversely with price. In other words, the higher the price, the lower the quantity demanded. This phenomenon occurs because when consumers' opportunity cost increases, they must give something else up or switch to a substitute product.

Yogita Ingle 7 years, 1 month ago

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.

  • 1 answers

Ram Singh 7 years, 1 month ago

Easy
  • 2 answers

Aanchal Dahiya 7 years, 1 month ago

its implications are buffer stock and excess suppy in the market.

Mayank Chaurasia 7 years, 1 month ago

It is the minimum price of the good set by the government for farmer to purchase their output
  • 1 answers

Deep Kashyap 7 years, 1 month ago

Income method is done by calculation on derivation of income of factors of production while expenditure method uses expenditures by different sectors of economy
  • 4 answers

Harika Muskan 7 years, 1 month ago

Bcoz it is not having money value servant is getting salary 4 his services tea n chapati given to him is just due to kindness or humanity of owner u can say it is a kind o unilateral payment .

Sonal Chandila 7 years, 1 month ago

Reason??

Sonal Chandila 7 years, 1 month ago

Reasin??

Harika Muskan 7 years, 1 month ago

No it is not included while calculating national income.
  • 1 answers

Tanu Jindal 7 years, 1 month ago

AVC. - 28, 1, 10, 15,19 23 TC 32, 62,90,120,155,198
  • 0 answers
  • 0 answers
  • 2 answers

Asif Qureshi 7 years, 1 month ago

Yes

Shilpi Barman 7 years, 1 month ago

Last years
  • 2 answers

Aakash Sharma 7 years, 1 month ago

Tp increases at dimenshing rate and mp starts falls

Prateek Seth 7 years, 1 month ago

Diminishing returns to a factor Causes : 1. imperfect factor substitutability 2. Fixity of the factor
  • 1 answers

Tanisha Garg 7 years, 1 month ago

National income falls as exports get reduced and imports get increased so net exports falls
  • 3 answers

Krishna Chaudhary 7 years, 1 month ago

When exchange rate rise then our national income rise because foreign country want to import in their country from our country & also invest in our country.

Amanish Navodian 7 years, 1 month ago

When exchange rate rise then our net export will de decrease and total exp. decrease then national income will less

Tanisha Garg 7 years, 1 month ago

National income rises as exports rises and imports falls and net exports rise
  • 1 answers

Dipul Yadav 7 years, 1 month ago

Current transfers are made out of current income and regular in nature on the other hand capital transfers are made out of wealth
  • 2 answers

Pretty Girl 7 years, 1 month ago

few firms in the market differentiated products restrictions on entry and exit independence on each other

Amanish Navodian 7 years, 1 month ago

These are the features of monopolistic market
  • 4 answers

Prateek Seth 7 years, 1 month ago

Lol ? nice answer Deepak

Dipul Yadav 7 years, 1 month ago

Yes ppc can intersect each other when there is inward and outward movement of PPC... Suppose technology for good X increases then it will rotate outwardly and if technology for good Y becomes obselete then it wii rotate inwardly and ppc will intersect

Prateek Seth 7 years, 1 month ago

How a single curve can intersect itself? ? LMAO

Kritika Gaurav 7 years, 1 month ago

No...it is only concave to the origin becoz of increase in MRT
  • 2 answers

Vishal Sahni 7 years, 1 month ago

It is also called Dirty floating . It is a tool employed by the central bank of a country to restore the value of domestic currrency even when the exachange rate is determined through the supply - demand forces.

Kritika Gaurav 7 years, 1 month ago

It is a system of determining exchange rate in which central bank make the movement of currency free and determined by market forces.But central bank also intervence whenever it is required.?
  • 2 answers

Pretty Girl 7 years, 1 month ago

double counting can be avoided by 2 methods- one should add only amount of final consumption goods at the time of calculating national income. do not add second hand goods while calculating national income.

Jhalak Gupta 7 years, 1 month ago

Value of output method Value of added method
  • 1 answers

Kritika Gaurav 7 years, 1 month ago

Break even point is when TR=TC Shutdown point is when firm is not able to cover AVC
  • 1 answers

Gangesh Sharma 7 years, 1 month ago

Positive economics deals with what are the economic problem and how they actually solved. Normative economics deals with what ought to be and how the economic problem solved..
  • 1 answers

Nitin Nainani 7 years, 1 month ago

National income will be multiplied more times.
  • 1 answers

Indrajeet Arora 7 years, 1 month ago

Theory portion is must and National disposable income may be asked
  • 1 answers

Prateek Seth 7 years, 1 month ago

Inflationary gap is a situation when there is an excess demand in economy in respect to fuller utilisation of resources and deflationary gap refers to a situation when there is excess supply in the economy in respect to fuller utilisation of resources.. there are two measures to control inflation early and deflationary gap that is, quantitative and qualitative measure. quantitative measures includes decrease and increase in CRR SLR bank rate repo rate reverse repo rate, buying and selling of open market operations.. qualitative includes moral suasion, rationing of credit

myCBSEguide App

myCBSEguide

Trusted by 1 Crore+ Students

Test Generator

Test Generator

Create papers online. It's FREE.

CUET Mock Tests

CUET Mock Tests

75,000+ questions to practice only on myCBSEguide app

Download myCBSEguide App