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In short this is because these are complementary goods . When price of petrol decreases then it results in rise in demand of petrol and petrol is necessary for running car . Due to which demand for car increases without any change in its own price . ?????

1Thank You

Lakshita Sharma 7 years, 3 months ago

According to economics...if the price of a good will fall, then the demand for that good will automatically increase...and vice-versa...so due to inverse relationship between price and demand if the price of petrol will decrese then the demand for car will increase...hope it helped...?

1Thank You

Nitasha Yadav 7 years, 3 months ago

May I think the price and demand so negative relationship due to fall in price petrol increase in demand of petrol demand of car also rise due complimentary goods

1Thank You

ANSWER

Ppc shows increasing slope

Posted by Savan Singh 7 years, 3 months ago

CBSE > Class 12 > Economics

4 answers

Samira . 7 years, 2 months ago

I think he is asking about the reason that is given in our book that is PPC is concave to the origin due to increasing slope . Am i right ?? And my answer is regarding this question.

1Thank You

Samira . 7 years, 2 months ago

PPC shows increasing slope due to increase in marginal opportunity cost .

1Thank You

Lakshita Sharma 7 years, 3 months ago

Ppc is downward sloping...bcoz of diminishing marginal utility of a good... Am i ryt????

2Thank You

Jashan Ghuman 7 years, 3 months ago

Ppc show downward sloping

2Thank You

ANSWER

Macro economic

Posted by Arpit Rohila 7 years, 3 months ago

CBSE > Class 12 > Economics

1 answers

Rajander Singh 7 years, 3 months ago

Macro economics deal with economic issues related to large as a whole

2Thank You

ANSWER

What do you mean by net national disposable ??

Posted by Parvej Alam 7 years, 3 months ago

CBSE > Class 12 > Economics

2 answers

Avinash Mehra 7 years, 2 months ago

The income which used in the economic development of the country

2Thank You

Lakshita Sharma 7 years, 3 months ago

Sorry, but I don't know...if someone knows then pls answer...i also want to know...

1Thank You

ANSWER

slope of demand curve

Posted by Shivani Singh 7 years, 3 months ago

CBSE > Class 12 > Economics

2 answers

Chahat Aggarwal 7 years, 2 months ago

Negatively downward slope because thete is an inverse relationship between qty demand n price of a commodity..

0Thank You

Pardeep Rao Shab 7 years, 3 months ago

Downward slope

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ANSWER

if MRS not equal to MRE , consumer either prefers or avoid consumption of good x . Explain both situation with Reasoning.

Posted by Aamir Hussain 7 years, 3 months ago

CBSE > Class 12 > Economics

0 answers

ANSWER

How consumer equilibrium is attained if consumer is consuming only two commodities using cardinal analysis.

Posted by Aamir Hussain 7 years, 3 months ago

CBSE > Class 12 > Economics

1 answers

Chahat Aggarwal 7 years, 2 months ago

Equi marginal utility states that rupee spend on each of last commodity should be same

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ANSWER

Find operating surplussing? Value of output=800 Intermediate consumption=200 Consumption of employees=200 Indirect tax=30 Depreciation=20 Subsidy=50 Mixed income=100

Posted by Ayush Kumar 7 years, 3 months ago

CBSE > Class 12 > Economics

1 answers

Arjun Kushwah 4 years, 7 months ago

tell me pl

2Thank You

ANSWER

What isliquidity reserve ratio

Posted by Aditya Annavarpu 7 years, 3 months ago

CBSE > Class 12 > Economics

2 answers

Lakshita Sharma 7 years, 3 months ago

It's a ratio (which is decided by the commercial banks) of money which is kept by commercial banks to meet unforseen problems...

1Thank You

Ajeet Kumar Dixit 7 years, 3 months ago

It's a reserve kept by commercial banks to meet future unforeseen problems of commercial banks .

1Thank You

ANSWER

What is cash resever ratio

Posted by Priyanka Jaiswal 7 years, 3 months ago

CBSE > Class 12 > Economics

2 answers

Lakshita Sharma 7 years, 3 months ago

It is the ratio of money in which commercial banks deposits the money in central banks for meeting future problems...

1Thank You

Shalini Koranga 7 years, 3 months ago

It is the minimum cash deposit by the commercial bank with RBI as per the guidelines of RBI.....

4Thank You

ANSWER

Calculate ex-ant aggregate demand ,if autonomous expenditure is₹145 crores, multiplier is 5 and income is ₹1350 is economy is in equilibrium?

Posted by Pardeep Rao Shab 7 years, 3 months ago

CBSE > Class 12 > Economics

0 answers

ANSWER

Examples of positive or normative economics

Posted by Pardeep Rao Shab 7 years, 3 months ago

CBSE > Class 12 > Economics

2 answers

Samira . 7 years, 2 months ago

Example of positive economics- india has more population than china, normative - government should give more compensation to them .

1Thank You

Nitasha Yadav 7 years, 3 months ago

Example of positive economic is increasing in population of country. Normative economic how to solve this problem and it opinion

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ANSWER

What is concepts of revenue

Posted by Divyansh Surira 7 years, 3 months ago

CBSE > Class 12 > Economics

2 answers

Ajeet Kumar Dixit 7 years, 3 months ago

Revenue = Sales - sales return

0Thank You

Kanak Rana 7 years, 3 months ago

Revenue is the total income earned by any organisation by selling their product in the market

1Thank You

ANSWER

What is the diffrence betweem stok and flow

Posted by Himachal Verma 7 years, 3 months ago

CBSE > Class 12 > Economics

2 answers

Ajeet Kumar Dixit 7 years, 3 months ago

Stock is a static concept whereas flow is a dynamic concept

0Thank You

Divyansh Surira 7 years, 3 months ago

Stock is calculated at a particular period of time and flow is calculated at specific period

3Thank You

ANSWER

Different type of good in an economy

Posted by Anurag Raunak 7 years, 3 months ago

CBSE > Class 12 > Economics

2 answers

Samira . 7 years, 2 months ago

Giffen goods , normal goods and inferior goods are also included in our economy .

1Thank You

Lakshita Sharma 7 years, 3 months ago

1. Substitute goods: which may used on each other place...for eg. Tea and coffe...have postive relationship with price... 2. Complementary goods: which are used together...for eg. Bread and jam...have inverse ralationship with price...

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ANSWER

Difference b/w industry price maker and firm price taker and how

Posted by Shivam Gupta 7 years, 3 months ago

CBSE > Class 12 > Economics

0 answers

ANSWER

What is full employment &two type of employment exist to full employment

Posted by Akshay Kalkhanday 5 years, 8 months ago

CBSE > Class 12 > Economics

0 answers

ANSWER

Why AFC is called rectangular hyperbola

Posted by Jayant Khaiwal 7 years, 3 months ago

CBSE > Class 12 > Economics

1 answers

Sumit Uniyal 7 years, 3 months ago

AFC is called rectangular hyperbola because the area under each point is equal to one another.

1Thank You

ANSWER

Eco m kon sa topic project k liye acha h plz tell me

Posted by Abhishek Saini 7 years, 3 months ago

CBSE > Class 12 > Economics

5 answers

Chahat Aggarwal 7 years, 2 months ago

GDP

0Thank You

Pardeep Rao Shab 7 years, 3 months ago

PPC Curve is best

0Thank You

Rajat Agrawal 7 years, 3 months ago

Forms of market

2Thank You

Sunil Rajput 7 years, 3 months ago

Indian economy best topic in economics

0Thank You

Tandra Karmakar 7 years, 3 months ago

Central bank and its comsumption

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ANSWER

What are the pros and cons of demand?

Posted by Harpreet Kaur 7 years, 3 months ago

CBSE > Class 12 > Economics

0 answers

ANSWER

When price of good falls and expenditure on it falls, what will be elasticity of demand ?

Posted by Sandhya Rawat 7 years, 3 months ago

CBSE > Class 12 > Economics

0 answers

ANSWER

Who is the father of economic ?

Posted by Parvej Alam 5 years, 8 months ago

CBSE > Class 12 > Economics

1 answers

Yogita Ingle 7 years, 3 months ago

Adam Smith is considered to be the father of economics.

7Thank You

ANSWER

Is Delhi is the capital of New Delhi

Posted by Deepanshi Panwar 5 years, 8 months ago

CBSE > Class 12 > Economics

1 answers

Param Solanki 7 years, 3 months ago

If you are talking about India capital then Its Delhi but if you are talking about Delhi Capital then it is 'D'. Jokes apart, Delhi is in itself a Capital and is one of the Union territories.

6Thank You

ANSWER

How to find income method Kaise find Kare income method ko sahi se koi Samjha do

Posted by Nitin Lohani 7 years, 3 months ago

CBSE > Class 12 > Economics