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Difference b/w depreciation nd depreciation reserve fund...

Posted by Cbse Student 6 years, 11 months ago

1 answers

Gaurav Seth 6 years, 11 months ago

Depreciation is the loss of value of fixed assets in use because of normal wear and tear, normal rate of accidental damages and expected or foreseen obsolescence. It is also called as consumption of fixed capital.

Because of depreciation, fixed assets are to be replaced after certain period. A provision of fund is required to meet the replacement cost of fixed assets. This is called depreciation reserve fund.

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Why should change in the quantity and price be considered a percentage change

Posted by Savnoor Brar 6 years, 11 months ago

CBSE > Class 12 > Economics

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Producer equilibrium

Posted by Yash Gupta 6 years, 11 months ago

CBSE > Class 12 > Economics

1 answers

Vansh Rastogi 6 years, 11 months ago

Producer's Equilibrium: MR-MC Approach, Perfect Competition and ... Producer's equilibrium is often explained in terms of marginal revenue (MR) and marginal cost (MC) of production. ... A producer will strike his equilibrium only whenMR=MC and MC is rising. Implying that the equilibrium will be struck when 10 units of output are produced, not when 2 units of output are produced.

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Labour absorbing technology is given up in prefrence to capital intensive technology. State its economoc value in the context of production possibility frontier for the domestic economy .

Posted by Babita Sharma 6 years, 11 months ago

CBSE > Class 12 > Economics

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How scarcity related with problem of choice?

Posted by Pawan Grover 6 years, 11 months ago

CBSE > Class 12 > Economics

1 answers

Madan Batra 6 years, 11 months ago

Problem of choice is related to what to produce in which recources are scare and we can not produce all the goods at same time there are some commodities for which goods had to be produced Consumer goods- A.C, fan etc. Capital goods- machinery,plant etc War time goods- defence equipments Peace time goods- bread, butter, etc.

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Sracity mean

Posted by Asif Qureshi 6 years, 11 months ago

CBSE > Class 12 > Economics

2 answers

Mohd Abdulla 6 years, 11 months ago

Scarcity refer to the limitation of supply in relation to their demand....

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Kapil Dhawan 6 years, 11 months ago

It means demand for resources is more than its availability.

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What is first law of purchase?

Posted by Lucky Negi 6 years, 11 months ago

CBSE > Class 12 > Economics

2 answers

Lucky Negi 6 years, 10 months ago

thanku bhatt ji

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Pragya Bhatt 6 years, 11 months ago

Law of demand

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Who calculates national income?

Posted by Lucky Negi 6 years, 11 months ago

CBSE > Class 12 > Economics

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What do you mean change in quantity supply. Explain it by using numerical example and diagram

Posted by Swatantra Sharma 6 years, 11 months ago

CBSE > Class 12 > Economics

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What is elasticity of demand ?

Posted by Nanika Sharma 6 years, 11 months ago

CBSE > Class 12 > Economics

2 answers

Mohd Abdulla 6 years, 11 months ago

Elasticity of demand refer to the % change in demand for a commodity with respect to %change in any of the factor affecting demand of the commodity...

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Yogita Ingle 6 years, 11 months ago

Elasticity of Demand: The degree of responsiveness of demand to the changes in determinants of demand (Price of the commodity, Income of a Consumer, Price of related commodity) is known as elasticity of Demand.
It may be of three types: namely,
(a) Price elasticity of Demand.
(b) Income elasticity of Demand,
(c) Cross elasticity of Demand.

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Define MRT?

Posted by Abrar Hussain 6 years, 11 months ago

CBSE > Class 12 > Economics

1 answers

Priya Sheoran 6 years, 11 months ago

Marginal rate of transformation is the rate at which one commodity is sacrificed to increase the production of another commodity

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Market for pulse is in equilibrium. Explain the Impact of following an equilibrium price and quantity. (1) Rise in price of wheat (2) Increase in the transportation cost

Posted by Gangesh Sharma 6 years, 11 months ago

CBSE > Class 12 > Economics

1 answers

Madan Batra 6 years, 11 months ago

If the market of pulse is in equulibrium rice in price of wheat will not effect the equilibrium price and quantity of wheat because it is not mentioned in ques. that wheat and pulses are complimentory goods or substitute goods . And if tranportation cost of pulses increases it will lead to decrease in supply of pulses and its equlibirium price will increase and equlibrium quantity will decrease

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What is MRS? Explain its behaviour along an indifference curve.

Posted by Sumitra Murmu 6 years, 11 months ago

CBSE > Class 12 > Economics

3 answers

Priya Sheoran 6 years, 11 months ago

Marginal rate of substitution is the rate at which one commodity is sacrificed to increase the consumption of another commodity. marginal rate of substitution defines the slope of IC. It decreases as the consumption increases. Due to which the slope of IC also slopes downward from left to right.

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Madan Batra 6 years, 11 months ago

Along with indiffernce curve it should always decrease

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Madan Batra 6 years, 11 months ago

MRS refers tto marginal rate of substitution , the rate at which one comodity is substituted with other so that the total satisfaction remains same

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Why Keynes consider only autonomous investment in equilibrium GDP (S=I) approach?

Posted by Nikhil Kumar 6 years, 11 months ago

CBSE > Class 12 > Economics

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Difference between budget set and budget line.

Posted by Sumitra Murmu 6 years, 11 months ago

CBSE > Class 12 > Economics

2 answers

Priya Sheoran 6 years, 11 months ago

Budget set is a schedule which shows various combination of various commodities that could be purchased in given income. Where is budget line is a line that shows various combination of two commodities that could be purchased in the given income.

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Honey 8 6 years, 11 months ago

Budget line is just graphical representation of budget sets.

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How is the demand for a good is affected when change in price of other goods?

Posted by Aditi Singh 6 years, 11 months ago

CBSE > Class 12 > Economics

3 answers

Pragya Bhatt 6 years, 11 months ago

When there is change in price of any other good the demand for the given good will increase as it will become relatively cheaper than the other good. For example when price of coffee increases people will decrease the consumption of coffee and will start consuming tea

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Madan Batra 6 years, 11 months ago

When there is change in price and things remain constant there will be extension and contraction of demand. If price of other good increases there will be extension of demand and if prixe of other good decreases there will be contraction of demand

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Khushi Jain 6 years, 11 months ago

Suppose we have our good as pepsi and other food as coke so if the price of other good means coke increase so our good pepsi becomes cheaper as compare to other good i.e coke so demand for our good pepsi incraese due to less price as comapre to other good similarly if price of other good decrease than our good becomes more expensive than other good consumer prefer whose price is less than demand for aur good decrease.

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Why does an economic problems arise? Explain

Posted by Sarita Chaudhary 6 years, 11 months ago

CBSE > Class 12 > Economics

2 answers

Pragya Bhatt 6 years, 11 months ago

Economic problem arise because of limited resources and that limited resources also have alternate uses. And human wants are never ending i.e., unlimited

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Aditi Singh 6 years, 11 months ago

Because resources are limited in relation to human wants and it has alternative uses

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Difference between exante and expost

Posted by Arpita Ghosh 6 years, 11 months ago

CBSE > Class 12 > Economics

1 answers

Gaurav Seth 6 years, 11 months ago

S. No.	Ex-ante Investment	Ex-post Investment
1.	It refers to the planned or intended investment during a particular period of time.	It refers to the actual level of investment during a particular period of time.
2.	It is imaginary (intended), in which a firm assumes the level of investment on its own.	It is factual or original that signifies the existing investment of a particular time.
3.	It is planned on the basis of future expectations.	It is the actual result of variables.

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Compensation of employee included in NDP FC

Posted by Miteen Debnath 6 years, 11 months ago

CBSE > Class 12 > Economics

1 answers

Gaurav Seth 6 years, 11 months ago

Yes Compensation of employees is included in NDP_FC

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Which branch of economics studies exports of country

Posted by Satya Prakash 6 years, 11 months ago

CBSE > Class 12 > Economics

1 answers

Manav Tiwari 5 years, 8 months ago

Macroeconomics

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Monopoly project

Posted by Srestha Bhowmick 6 years, 11 months ago

CBSE > Class 12 > Economics

0 answers

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The value of can be greater than one ?why

Posted by Ishu Khanna 6 years, 11 months ago

CBSE > Class 12 > Economics

1 answers

Vikram Singh 6 years, 11 months ago

Value of what ?

3Thank You

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Explain balance of payment

Posted by Amit Sharma 6 years, 11 months ago

CBSE > Class 12 > Economics

1 answers

Yogita Ingle 6 years, 11 months ago

Balance of Payments The Balance of Payment (BoP) of a country is a systematic record of all economic transactions between its residents and residents of foreign countries.

Classification of Economic Transactions in BoP
(i) Visible items (physical goods)
(ii) Invisible items (services)
(iii) Capital transfers (capital receipts and payments)
(iv) Uni-lateral transactions

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How far it is correct to say that profit maximized when marginal cost is equal to marginal revenue

Posted by Stuti Joseph 6 years, 11 months ago

CBSE > Class 12 > Economics

1 answers

Manav Tiwari 6 years, 11 months ago

It is correct to say that profit is maximised when MV=MR but there is one more condition is to be fulfilled that is MC is greater than MR after the point MC=MR. MC cuts MR from its base.

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Nature of commodity affect elasticity of supply

Posted by Paramveer Singh 6 years, 11 months ago

CBSE > Class 12 > Economics

3 answers

Priya Sheoran 6 years, 11 months ago

Natural resources= inelastic Man made=elastic

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Priya Sheoran 6 years, 11 months ago

If the commodity is made of natural resources then it supply will be in elastic it and if the commodity is man made then it supply will be elastic and will be according to the will of the supplier

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Yuvraj Singh 6 years, 11 months ago

Yes it affect the Elasticity of supply

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simple realtion btw Ac,AVC,MC WITH diagram

Posted by Isha Arora 6 years, 11 months ago

CBSE > Class 12 > Economics

0 answers

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Preboard papers

Posted by Vansh Gupta 6 years, 11 months ago

CBSE > Class 12 > Economics

0 answers

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What are the factor that affect the elasticity of supply?

Posted by Arya Dubey 6 years, 11 months ago

CBSE > Class 12 > Economics

1 answers

Honey 8 6 years, 11 months ago

Price of good, price of inputs , technology changes, taxation and subsidy , change in price of other good (substitute and complementary)

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What is ment by price floor?write example.

Posted by Arya Dubey 6 years, 11 months ago

CBSE > Class 12 > Economics

1 answers

Yuvraj Singh 6 years, 11 months ago

A price floor is the lowest legal price a commodity can be sold at. Price floors are used by the government to prevent prices from being too low. The most common price floor is the minimum wage--the minimum price that can be payed for labor. ... For a price floor to be effective, it must be set above the equilibrium price.

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What are substitute goods?

Posted by Arya Dubey 6 years, 11 months ago

CBSE > Class 12 > Economics

2 answers

Gurjeet Kaur 6 years, 11 months ago

Substitute goods are those goods which can be used in place of other.Ex.tea and coffee,if price of coffee rises then demand for tea will increase and vice versa

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Suryansh Vishnoi 6 years, 11 months ago

These are those goods which have its own substitute (alternative) goods . Eg.tea -coffee, coke-Pepsi. ..etc.

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