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  • 1 answers

Utkarsh Kumar 7 years, 3 months ago

It refers to the graphical representation of various alternative combination of goods, which provides same level of satisfaction.
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Kartikay Sharma 7 years, 3 months ago

It can be easily be understood by the formula : Gross - Depreciation = Net Able to figure it out? Yes, its the depreciation.
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Param Solanki 7 years, 3 months ago

Centre problem is a problem of CHOICE

Kartikay Sharma 7 years, 3 months ago

Those are only 3. Very easy to understand . Those are : WHAT TO PRODUCE , HOW TO PRODUCE & FOR WHOM TO PRODUCE.
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Yashi Singhal 7 years, 3 months ago

Change in price of commodity or change in income of person can change budget line.

Utkarsh Kumar 7 years, 3 months ago

It is a graphical representation of all possible combinations of two goods which can be purchased with give income and price.
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Neeraj Pandey 7 years, 3 months ago

Budget line refer to combination of two goods which give same level of satisfaction on the given price

Lalnunmoia Ngamlai 7 years, 3 months ago

Budget line is a line showing different combination of two goods which a consumer can attain at his given income and market price of the commodity.
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Durgesh Kumar Durgesh Kumar 7 years, 3 months ago

Mostly which type of questions ask in exam direct or indirect
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Mohd. Ubed 7 years, 3 months ago

When did the excess demand in the market. The price of the commodities will be rising, Rising price leads to increase in supply for that commodity, Increase in price leads to decrease in demand. Hence, an equilibrium point will take place
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Anushka Pandey 7 years, 3 months ago

Ppc is concave because moc rises to gain one unit we have to sacrifice other unit

Manish Agarwall 7 years, 3 months ago

Due to decreasing Marginal rate of transformation
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Jyoti Gupta 7 years, 3 months ago

Just read sandeep garg book
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Shekhar Jaiswal 7 years, 3 months ago

where he will strike his equlibrium where MUx = Px (marginal utility of x commodity is equal to its price)
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Sonali Aggarwal 5 years, 8 months ago

In microeconomics, marginal revenue (R') is the additional revenue that will be generated by increasing product sales by one unit. It can also be described as the unit revenue the last item sold has generated for the firm.In a perfectly competetive market, the additional revenue generated by selling an additional unit of a good is equal to the price the firm is able to charge the buyer of the good.

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Hiten Raj 7 years, 3 months ago

An economic prblm arises bcoz we have to satisfy unlimited wants out of limited resources having alternative uses.
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Sahil Sharma 7 years, 3 months ago

because of Mrs marginal rate of subsitution
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Tushar Singla 7 years, 3 months ago

Ic must be convex to the origin
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Jyoti Pandey 7 years, 3 months ago

Q
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Anand Raj 7 years, 3 months ago

1.when MC less than AC ,AC fall. 2.when MC is equal to AC, AC is constant & at its minimum point. 3.MC is more than AC, AC raises. 4.Both AC & MC rise but MC increases at a faster rate as compared to AC. As result, MC curve is steeper as compared to AC curve. 5.Both Ac and MC curve are U-shaped due to the law of variable proportion.
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Sheikh Ashraful 7 years, 3 months ago

yes it is perfectly elastic
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Shivangi Goel 7 years, 3 months ago

At second stage ...producer will stop to produce due to dimnishing return to marginal product and increse in cost..

Pragya Raj 7 years, 3 months ago

Negative returns to factor that is the 3rd stage.

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