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Law of deminishing marginal utility does not hold true in case of money & knowledge.Justify

Posted by Mohini Trivedy 7 years, 1 month ago

CBSE > Class 12 > Economics

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Define demand supply

Posted by Hemant Vij 7 years, 1 month ago

CBSE > Class 12 > Economics

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Explain how price is determined in a perfectly competitive market with fixed number of firms.

Posted by Utkarsh Agarwal 7 years, 1 month ago

CBSE > Class 12 > Economics

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Draft commercial advertisement sale of time line watches

Posted by Sameer Sharma 7 years, 1 month ago

CBSE > Class 12 > Economics

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Relationship Ap and mp

Posted by Shivani Yadav 7 years, 1 month ago

CBSE > Class 12 > Economics

1 answers

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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What is the practical for this year

Posted by Ayush Singh Chauhan 7 years, 1 month ago

CBSE > Class 12 > Economics

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In NI, if net factor income to abroad,net imports and income accruing to govt. are given in the numericals then what should i do to solve ?

Posted by Arindam Mondal 7 years, 1 month ago

CBSE > Class 12 > Economics

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Construct simple bar graph *** ratio is 966 959 957 963 960 965 .year is 1951 1961 like this how should I take the scale? Is it right to take from 910 on y axis

Posted by Sujatha Kulkarni 7 years, 1 month ago

CBSE > Class 12 > Economics

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Isme macro economics available nhi h kya

Posted by Kashish Asnani 7 years, 2 months ago

CBSE > Class 12 > Economics

1 answers

Akhil Rana 7 years, 1 month ago

Sab kuch hai but diff. Names

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Explain why a firm under perfect competition cannot earn abnormal profits in long run

Posted by Shivanshu Bhardwaj 7 years, 2 months ago

CBSE > Class 12 > Economics

1 answers

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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What is net investment and depriciation?

Posted by Madhulika 7 years, 2 months ago

CBSE > Class 12 > Economics

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Why does AC and AVC come closer as output increases

Posted by Prerana Singh 7 years, 2 months ago

CBSE > Class 12 > Economics

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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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What is national income

Posted by Mohd Nazran 7 years, 2 months ago

CBSE > Class 12 > Economics

1 answers

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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Explain the concept of short run nd long run

Posted by Ishika Agarwal 7 years, 2 months ago

CBSE > Class 12 > Economics

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Why does MRS decline?

Posted by Vishal Chandra 7 years, 2 months ago

CBSE > Class 12 > Economics

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Projects

Posted by Shashank Sarawagi 7 years, 2 months ago

CBSE > Class 12 > Economics

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What is aggregate demand and explain its components?

Posted by Keerthi Hema 7 years, 2 months ago

CBSE > Class 12 > Economics

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What is the meaning of kink demand?

Posted by Saloni Singh 7 years, 2 months ago

CBSE > Class 12 > Economics

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What is vault cash?

Posted by Deepa Singh 7 years, 2 months ago

CBSE > Class 12 > Economics

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Relationship between tu and mu

Posted by Kasif Aman Ansari Aman 7 years, 2 months ago

CBSE > Class 12 > Economics

1 answers

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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Why marginal cost should be rising for achieving producer's equilibrium?

Posted by Prachi Singh 7 years, 2 months ago

CBSE > Class 12 > Economics

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What is cartals.

Posted by Pravesh Gupta 7 years, 2 months ago

CBSE > Class 12 > Economics

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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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Difference between MRT and MRS?

Posted by Chetna G 4 years, 6 months ago

CBSE > Class 12 > Economics

1 answers

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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Elaborate economic growth as object of government budget

Posted by Kashinath Swarnkar 7 years, 2 months ago

CBSE > Class 12 > Economics

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explain the meaning of increase in supply and increase in quantity supplied with the help of a schedule

Posted by Marshal Lakra 7 years, 2 months ago

CBSE > Class 12 > Economics

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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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Jiski mag ho

Posted by Ashi Jain 7 years, 2 months ago

CBSE > Class 12 > Economics

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Explain consumer equilibrium with the help of Ic analysis?

Posted by Prayag Sen 7 years, 2 months ago

CBSE > Class 12 > Economics

1 answers

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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Production 1 2 3 4 5 AFC At 4th unit 22.5 and at 5th unit 18 AC140at 1st unit and 4th unit 70.5 and at 5th unit 70 AVC at 2nd unit 45 at 4th unit 48 and at 5th unit 52 MC 50 40 45 - 68

Posted by Prathana Singh 7 years, 2 months ago

CBSE > Class 12 > Economics

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Interest on car loan given by an individual will be added in national income.why?

Posted by Sneha Agrawal 7 years, 2 months ago

CBSE > Class 12 > Economics

2 answers

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.

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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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Explain the properties of indifference curve

Posted by Abhi Yadav 7 years, 2 months ago

CBSE > Class 12 > Economics

5 answers

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

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Rahul Dwivedi 7 years, 2 months ago

5. IC does not touch X axis or Y axis

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Rahul Dwivedi 7 years, 2 months ago

IC does not intersect each other

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Rahul Dwivedi 7 years, 2 months ago

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

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Rahul Dwivedi 7 years, 2 months ago

1. Higher IC shows higher level of Satisfaction