No products in the cart.

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

Ask Question

    • Posted by Taranveer Singh 7 years ago

    CBSE > Class 12 > Economics
    • 2 answers

    Yogita Ingle 7 years ago

    Market Supply Quantities of a particular commodity offered for sale by all the firms at a given price in the market is known as market supply.
    Market Supply Schedule It is a table showing different quantities of a commodity that all the firms in a market are willing to sell at different prices of that commodity at a given time.

    0Thank You

    Jay Dev 7 years ago

    I dont know bro

    2Thank You

    ANSWER

    • Posted by Bharat Sukhija 7 years ago

    CBSE > Class 12 > Economics
    • 1 answers

    Jay Dev 7 years ago

    Market with few sellers having significant share in the market Having price rigidity, and having homogeneous as well as product differentiation

    1Thank You

    ANSWER

    • Posted by Gurpreet Walia 7 years ago

    CBSE > Class 12 > Economics
    • 1 answers

    Gaurav Seth 7 years ago

    In macroeconomics, the price/wage spiral (also called the wage/price spiral) represents a vicious circle process in which different sides of the wage bargain try to keep up with inflation to protect real incomes. Thus, this process is one possible result of inflation. It can start either due to high aggregate demand combined with near full employment[1] or due to supply shocks, such as an oil price hike. There are two separate elements of this spiral that coexist and interact:

    • Business owners raise prices to protect profit margins from rising costs, including nominal wage costs, and to keep the real value of profit margins from falling.
    • Wage-earners try to push their nominal after-tax wages upward to catch up with rising prices, to prevent real wages from falling. To maintain purchasing power equal to the rising costs reflected by a consumer price index (CPI), a taxable salary must increase faster than the CPI itself to result in an after-tax wage increase comparable to the increased cost of goods and services - unless tax brackets are indexed.

    So "wages chase prices and prices chase wages," persisting even in the face of a (mild) recession. This price/wage spiral interacts with inflationary expectations to produce long-lived inflationary process. Some argue that incomes policies or a severe recession is needed to stop the spiral.

    The first element of the price/wage spiral does not apply if markets are relatively competitive.

    The spiral is also weakened if labor productivity rises at a quick rate. Rising labor productivity (the amount workers produce per hour) compensates employers for higher wages costs while allowing employees to receive rising real wages, while allowing the company's margin to stay the same.

    1Thank You

    ANSWER

    • Posted by Shashank Bali 7 years ago

    CBSE > Class 12 > Economics
    • 0 answers
    ANSWER

    • Posted by Pardeep Rao Shab 7 years ago

    CBSE > Class 12 > Economics
    • 0 answers
    ANSWER

    • Posted by Bantei Dhar 7 years ago

    CBSE > Class 12 > Economics
    • 1 answers

    Riya Jain 7 years ago

    I don't know about this plz send me the ans....

    0Thank You

    ANSWER

    • Posted by Shika Karki 7 years ago

    CBSE > Class 12 > Economics
    • 2 answers

    Mayank Singh 7 years ago

    This problem refers to the problem of selection of category of people who will ultimately consume goods i.e., wheither to produce for more rich and less poor or more poor less rich

    1Thank You

    Vikram Kumar 7 years ago

    This is also called distribution of income(Y) .The economy has to decide for whom to produce and in what quantity .Because national income is the combined effort of different means of production . These are of two types: 1. Societal distribution : Distribution of resources to society or among people . 2. Factoral distribution : Distribution of resources to " factors of production " i.e. ( land, labour, capital,entrepreneur ).

    0Thank You

    ANSWER

    • Posted by Ritesh Kumar 7 years ago

    CBSE > Class 12 > Economics
    • 1 answers

    Gaurav Seth 7 years ago

    • It is downward sloping because few units we sacrifice for another. As there exist inverse relationship between change in the quantity of one commodity and change in the quantity of then other commodity
    • PPC is concave shaped because more and more units of one commodity are sacrificed to gain an additional unit of another commodity.

    1Thank You

    ANSWER

    • Posted by Sarthak Baldua 7 years ago

    CBSE > Class 12 > Economics
    • 0 answers
    ANSWER

    • Posted by Amritjyoti Nath 7 years ago

    CBSE > Class 12 > Economics
    • 0 answers
    ANSWER

    • Posted by Jolly Chabra 7 years ago

    CBSE > Class 12 > Economics
    • 4 answers

    Riya Jain 7 years ago

    Just take it commonlly. If you pay in foreign currency, first you have to convert it from our currency into their. As same as if they have to pay in our currency then they should have to first convert that foreing currency in our. So that exchanged currency will indirectly came in our country...... Hope it will clear your doubt.!!!!!!

    1Thank You

    Jolly Chabra 7 years ago

    pls explain it to me

    1Thank You

    Jolly Chabra 7 years ago

    than how export is a source of supply

    0Thank You

    Jolly Chabra 7 years ago

    when we pay other country in their currency than the other countries should have to pay us in our currency

    1Thank You

    ANSWER

    • Posted by Kausambi Kundu 7 years ago

    CBSE > Class 12 > Economics
    • 0 answers
    ANSWER

    • Posted by Sailesh Bisht 7 years ago

    CBSE > Class 12 > Economics
    • 3 answers

    Amarnath Ankit 7 years ago

    Operating surplus =rent+profit+interest+royalty+cess

    0Thank You

    Shruti Singh 7 years ago

    R+R+I+P

    0Thank You

    Ritika Choudhary 7 years ago

    Profits +dividend +interest =operating surplus

    2Thank You

    ANSWER

    • Posted by Muskan Dabas 7 years ago

    CBSE > Class 12 > Economics
    • 0 answers
    ANSWER

    • Posted by Kamlesh Kumar 7 years ago

    CBSE > Class 12 > Economics
    • 1 answers

    Yogita Ingle 7 years ago

    Balance of Payment always balances – How? We know from our earlier discussion that all transactions are recorded in balance of payment account in double entry system of bookkeeping. Under this system every transaction creates two equal enteries, i.e., one credit entry showing where it came from and the other debit entry showing where the same is put (spent). As a result total amount of credit (receipt) side is always equal to debit (payment) side. Thus, in accounting sense, balance of payment always balances, In operating sense also BOP is always in equilibrium because if current account is in deficit, the same is restored (compensated) with capital account. Hence overall balance of payment is always balanced.

    2Thank You

    ANSWER

    • Posted by Charu Gautam 7 years ago

    CBSE > Class 12 > Economics
    • 1 answers

    Anjali Parsad 7 years ago

    Because it is constant corresponding to all level of income

    1Thank You

    ANSWER

    • Posted by Charu Gautam 7 years ago

    CBSE > Class 12 > Economics
    • 1 answers

    Gaurav Seth 7 years ago

    Green GNP can be defined as GNP that helps to achieve economic sustainable development. Basically, this concept gives importance to the fact that growth should take place without polluting the environment

    4Thank You

    ANSWER

    • Posted by Rupesh Jha 7 years ago

    CBSE > Class 12 > Economics
    • 2 answers

    Shruti Singh 7 years ago

    Policy made by economists

    1Thank You

    Jolly Chabra 7 years ago

    its related to opinion of the economists

    1Thank You

    ANSWER

    • Posted by Umesh Sharma 7 years ago

    CBSE > Class 12 > Economics
    • 1 answers

    Jolly Chabra 7 years ago

    there are mainly tow sections in owr economy 1poor and other rich. in owr economy there are limited resources so we cant produce for both sections. of we produce for the poor section, it remove the social inequality but it invove huge cost and there is low gdp and investment in the economy

    1Thank You

    ANSWER

    • Posted by Garvit Goyal 7 years ago

    CBSE > Class 12 > Economics
    • 1 answers

    Dora ? 7 years ago

    Low GDP growth, crowding out , inflationary spiral , national debt , erosion of government credibility . These are implications of fiscal deficit

    2Thank You

    ANSWER

    • Posted by Hemant Bang 7 years ago

    CBSE > Class 12 > Economics
    • 2 answers

    Sailesh Bisht 7 years ago

    Inverse relation btween price and quantity demand

    0Thank You

    Jolly Chabra 7 years ago

    because of negative relationship between price and quantity demanded

    0Thank You

    ANSWER

    • Posted by Jolly Chabra 7 years ago

    CBSE > Class 12 > Economics
    • 3 answers

    Shruti Singh 7 years ago

    It depends on your interest.For me both are interesting!If 'Mi' is mother than 'Ma' is father.

    0Thank You

    Tanaya Mandal 7 years ago

    Micro is more easy than macro

    0Thank You

    Aditya Thakur 7 years ago

    Both.

    0Thank You

    ANSWER

    • Posted by Kkhushi Singh 7 years ago

    CBSE > Class 12 > Economics
    • 3 answers

    Vidit Srivastava 7 years ago

    PPC will shift leftward

    0Thank You

    Kanu Singh 7 years ago

    No effect on ppc . Only the economy will operate on the ppc becoz of increase in its prdtn potential.

    0Thank You

    Jolly Chabra 5 years, 8 months ago

    ppc forward

    0Thank You

    ANSWER

    • Posted by Aanchal Datyal 7 years ago

    CBSE > Class 12 > Economics
    • 1 answers

    Muskan Khatri 7 years ago

    final goods.... as nurses will wear them and then clothes will tear or get shortened ... will not be used in any producing further...

    2Thank You

    ANSWER

    • Posted by Aanchal Datyal 7 years ago

    CBSE > Class 12 > Economics
    • 3 answers

    Ravi Nayak 7 years ago

    Chalk and duster both can be intermediate & final good. If a school used(purchase) chalk and duster then it would be considered as final good ...because it is used at the end of his stage. If a shopkeeper or retailer purchased chalk and duster for selling , then it will be considered as a intemediate good....?

    4Thank You

    Muskan Khatri 7 years ago

    final goods..... as whenever they will be used, they will end and wear out. They are not used for production of any other good

    0Thank You

    Indrajeet Singh Arora 7 years ago

    intermediate

    0Thank You

    ANSWER

    • Posted by Saloni Gupta 7 years ago

    CBSE > Class 12 > Economics
    • 1 answers

    Indrajeet Singh Arora 7 years ago

    1)When mc increases then , starts falling 2) both curve cuts each other when Ac and mc is equal 3)when mc is more than ac ,ac rises with increase in output.

    2Thank You

    ANSWER

    • Posted by Ashna Yadav 7 years ago

    CBSE > Class 12 > Economics
    • 1 answers

    Muskan Khatri 7 years ago

    when devaluation occurs... exports will rise, owing to low cost accruing to foreigners in purchasing our goods imports are likely to fall, as foreign goods will now cost more then earlier

    1Thank You

    ANSWER

    • Posted by Avdesh Tiwari 7 years ago

    CBSE > Class 12 > Economics
    • 2 answers

    Ashna Yadav 7 years ago

    It is downwars slopping because it implies that increase in consumption of one commodity is followed by decrease in consumption of the other

    1Thank You

    Harsh Dhanda 7 years ago

    Because the price of product iss increasing and the supply would be downgrade

    0Thank You

    ANSWER

    • Posted by Dhruv Goel 7 years ago

    CBSE > Class 12 > Economics
    • 1 answers

    Muskan Khatri 7 years ago

    budget constraint P(x). Q(x) + p(y). Q(y) = Y (income) and budget equation P(x). Q(x) + p(y). Q(y) <= Y (income)

    2Thank You

    ANSWER

    • Posted by Shreya Garg 7 years ago

    CBSE > Class 12 > Economics
    • 1 answers

    Dhruv Goel 7 years ago

    It is that method which measures national income by estimating the contribution of each and every enterprise into the production process of the economy during the period of 1 year. This is the exact definition of value added method.

    1Thank You

    ANSWER

    myCBSEguide App

    myCBSEguide

    Trusted by 1 Crore+ Students

    Install Now

    Test Generator

    Test Generator

    Create papers online. It's FREE.

    Try Now

    CUET Mock Tests

    CUET Mock Tests

    75,000+ questions to practice only on myCBSEguide app

    Install Now
    Google Play

    Download myCBSEguide App

    All Courses

    Other Websites

    CBSE Courses

    Resources

    Corporate

    NCERT Solutions

    CBSE Sample Papers

    All Content and Intellectual Property is under Copyright Protection | myCBSEguide.com ©2007-2025