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  • 1 answers

Apar Chauhan 7 years, 6 months ago

Current a/c which shows import and export of a particular year of a firm and Capital a/c which shows sale and purchase of a firm in a particual year.
  • 2 answers

Sakshi Sakshi 7 years, 6 months ago

Collusive oligopoly- when the furms combindly decides the ouput quota and price policy.they avoid competition through formal agreement. Non collusive oligopoly- when the firms individually decides their oen price and poilcy.

Param Solanki 7 years, 6 months ago

Collusive oligopoly is when the companies come together and work as a group. ( Change the price of the goods, in affect acting as a monopoly but dividing any profits that they make. ) Non collusive oligopoly exists when the firms in an oligopoly do not collude and so have to be very aware of the reactions of other firms when making price decisions.
  • 1 answers

Param Solanki 7 years, 6 months ago

Due to the exchange of goods and services and financial services
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Ajeet Kumar Dixit 7 years, 6 months ago

In layman's language domestic territory means the political frontier of the country . In addition to political frontier it includes ships and aircraft owned and operated by Normal residents between two countries and fishing vessels, oil vigs in international water and embassies, consulates, military establishment located abroad.

Taranjeet Kaur 7 years, 6 months ago

Domestic territory means geographical or political boundaries of a country or geographical territory administered by a government within which persons,goods and capital circulate freely.

Soumi Pal 7 years, 6 months ago

Domestic territoryas used in national has a special meaning is much bigger then the political frontier of the country. According to the united nation, "economic territory isa geographical territory administrative by a with in which person's good and capital circulates freely"
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Shivangi Goel 7 years, 6 months ago

Profit* in place of satiafaction .

Shivangi Goel 7 years, 6 months ago

Producer equilibrium is the situation of maximum satisfaction.... Rationale behind the conditions of producer's equilibrium are...1) MR= MC and 2) MC must be rising at the equilubrium point....
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Savita Rathee 7 years, 6 months ago

Average revenue = total revenue / quantity =price*quantity / quantity = prive of a commodity but this relation only occurs in perfect competition.

Param Solanki 7 years, 6 months ago

We know that a firm is at equilibrium when it produces such units of output that the Marginal Cost of producing the additional unit = Marginal Revenue that can be earned by its sale. However, in Perfect Competition, Price (P) = MR = AR.

Anushka Kathuria 7 years, 6 months ago

This happens only under perfect competition where price is constant. So that revenue generated by every extra unit is equal to it's price. I.e Mr = Ar *Ar is also called price.
  • 1 answers

Diksha Gupta 7 years, 6 months ago

I have made project on topic demand
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  • 3 answers

Param Solanki 7 years, 6 months ago

The study or principles of the way money, business and industry are organized

Ankush Tiwari 7 years, 6 months ago

Economy is a surrounding finicial environment when you earn and live wealthy life

John Tosung 7 years, 6 months ago

An economy a system which provides people the means to work and earn and living.
  • 1 answers

Shivangi Goel 7 years, 6 months ago

Prices in the perfectly competitive market r determined my the market forces ...As prices are set collectively according to demand and supply within the firms.....So it leads no control of any individual firm over prices....
  • 5 answers

Maham Khan 7 years, 6 months ago

Macroeconomics is study of economic issues at a whole..

Monica Krmdb 7 years, 6 months ago

Studying abt aggreagative

Shivangi Goel 7 years, 6 months ago

Macroeconomics is the study of economic problems and the solutions of them taking economy as a whole....

Jai Maata 7 years, 6 months ago

Macro means as a whole means any query related to whole and micro means small or an individual

Bharat Sonowal 7 years, 6 months ago

What is difference between marcoeconomics and microecinomic
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Yashi Singhal 7 years, 6 months ago

Borrowing is explicit cost & doing work of his own is a part of implicit cost
  • 2 answers

Savita Rathee 7 years, 6 months ago

When satisfaction of a consumer becomes equal to its money spend on a particular commodity .

Lakshita Sharma 7 years, 6 months ago

It is the state of rest where consumer is at equilibirium i.e. the market price of the product is equal to the satisfaction of the consumer...hope it hepled u...?
  • 2 answers

Ajeet Kumar Dixit 7 years, 6 months ago

Lagacy is basically a will or may be asset of any deceased employee in NTO . His property is now a liability for NTO and it is capital in nature

Bharat Sonowal 7 years, 6 months ago

What is meant by legacy
  • 2 answers

Bhavish Choudhary 7 years, 1 month ago

National income

Shivangi Goel 7 years, 6 months ago

From which chapter you want??
  • 1 answers

Vanshika Jindal 7 years, 6 months ago

Budget line is a graphical representation of the two possible goods that uses all the money income of consumer
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  • 1 answers

Yashi Singhal 7 years, 6 months ago

MR implies marginal revnue & MC implies marginal cost. MR is the additional revnue that adds with adding a new production . MC is the additional cost increases with adding the new unit of production.
  • 1 answers

Khyati Jain 7 years, 6 months ago

Because of decreasing MRS
  • 1 answers

Surya Prakash 7 years, 6 months ago

Since price of both the goods and consumer's income are assumed to be constant. When consumer purchase more of commodity 1 then obviously he will have to purchase less of another good.
  • 2 answers

Dhriti Jain 7 years, 6 months ago

TR = P*Q and AR = TR/Q so, AR= P*Q / Q . HENCE AR = P i.e. price

Saanvi Wadhwa 7 years, 6 months ago

Because average revenue is total revenue upon output and total revenue = price * output upon output so output will cut and average revenue = price
  • 2 answers

Dhriti Jain 7 years, 6 months ago

Want satisfying power of a commodity is utility. i.e. the amount of satisfaction we get from consumption of a commodity. Unit of measuring utility is utils

Aryan Nickz 7 years, 6 months ago

Want satisfying power of any commodity
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Param Solanki 7 years, 6 months ago

Every economy has limited resources and thus, cannot produce all the goods. More of one good or service usually means less of others. For example, production of more sugar is possible only by reducing the production of other goods.

Khyati Jain 7 years, 6 months ago

Whether produce consumer goods or capital goods
  • 1 answers

Param Solanki 7 years, 6 months ago

On y axis shows per unit cost and xaxis shows unis of a commodity.

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