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Rama Upadhyay 7 years, 1 month ago

1.When Ap increases,Mp is more than Ap. 2.When Ap decreases,Mp is less than Ap. 3.Mp cuts Ap at its maximum point. 4.Mp becomzs negatives but Ap remain positive.
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Akhil Rana 7 years, 1 month ago

Sab kuch hai but diff. Names
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Pardeep Rao Shab 7 years, 1 month ago

In perfect competition there are large no of firms selling homogeneous product. If a firm high its price, the consumer will shift to another firm
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Antima Agarwal 7 years, 2 months ago

Because the difference between ac and avc is afc which decreases as the output rises
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Madhulika 7 years, 2 months ago

National income is the sum total of the the factor income earned by normal residents of a country during the period of an accounting year.
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Rama Upadhyay 7 years, 1 month ago

1.when mu increases but remain positive ,tu increasing at diminishing rate . 2.when mu is 0(zero),tu is at its maximum point. 3.when mu goes negative,tu falls.
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Prachi Singh 7 years, 2 months ago

When the competing firms in the market form a group to secure monopoly control of the market known as cartels.
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Sia ? 4 years, 6 months ago

The Difference Between the MRT and the Marginal Rate of Substitution (MRS). The marginal rate of substitution focuses on demand, while MRT focuses on supply. The marginal rate of substitution highlights how many units of Y would be considered by a given consumer group to be compensation for one less unit of X.
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Nitasha Yadav 7 years, 2 months ago

Increase in supply means rise in supply due to increased in price . Increase in quantity supply means rise in supply due to other things.
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Lakshita Sharma 7 years, 2 months ago

Consumer's equilibrium is the staate when he price of th good is equal to the goods consumed by the consumer...Ic analysis ka baki logo s puch lo...m confuse hu...is topic m...
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Gaurav Bansal 7 years, 2 months ago

Payment of interest by an individual to a bank: It is not included in the national income as the loan is not taken for production purpose.

Mayank Tripathi 7 years, 2 months ago

No is not included in national income because Bank received interest from individual for personal purpose so it is not included in national income
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Mayank Tripathi 7 years, 2 months ago

1- indifference curve convex to origin because it follow the law of marginal rate of substitution that is a rate at which one good sacrifice for others for equal satisfaction 2- indifference curve not intersect with each other because it is based on monotonic preference so it is parallel to each other 3 IC slopes to left to right downward because it show the combination of two goods which are inversely related to each other 4 IC yield highest satisfaction because it is based on the assumption of monotonic preference that is the greater consumption gives the greater satisfaction

Rahul Dwivedi 7 years, 2 months ago

5. IC does not touch X axis or Y axis

Rahul Dwivedi 7 years, 2 months ago

IC does not intersect each other

Rahul Dwivedi 7 years, 2 months ago

2. IC slops downward 3. IC is convex to the origin

Rahul Dwivedi 7 years, 2 months ago

1. Higher IC shows higher level of Satisfaction

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