No products in the cart.

Ask questions which are clear, concise and easy to understand.

Ask Question
  • 1 answers

Shivangi Goel 7 years, 4 months ago

Price floor means the lowest. ( or minimum) price fixed by the govt for a profuct.. The govt fixes floor price for farm products..This regulates income of farmer.. It is fixed above the equilibirum price...
  • 2 answers

Shilpa Kathor 7 years, 4 months ago

It refers to the quantity of a commodity that all consumer are able to buy in given period of time

Nitasha Yadav 7 years, 4 months ago

It refers to demand of all consumer in market level . Rise in taste and preference. 2rise in price of substitute goods 3Income of consumer ineareas
  • 1 answers

Shivangi Goel 7 years, 4 months ago

Central bank performs the function of a clearing house.. Let us take an example to understand -- Bank A recieves a cheque of rs 10,000 drawn on bank B ..thus both are diffrent banks and both have accounts in RBI so the both cheques are cleared through their accounts in central bank, and the disturbance will not occur....As like it central bank act as clearing house function to clear the cheque of one bank from other one....
  • 1 answers

Shivangi Goel 7 years, 4 months ago

Distinction bw intermidiate goods and final goods is significant as it help to avoid the problem of double counting in the estimation of national income..Double counting occurs if the value of intermidiate goods is included in national income..Only we include the value of final goods becz they already consist the value of int.good.....
  • 0 answers
  • 1 answers

Shivangi Goel 7 years, 4 months ago

MC= TVCn- TVCn-1 or MC= change in TC / change in quantity....
  • 2 answers

Shivangi Goel 7 years, 4 months ago

Final goods are those goods which have crossed the boundary line of production and are ready for use by their final users and any more value is not to be added to these goods...... Example----- Shirt , bread , butter etc..... All these are final goods

Nitasha Yadav 7 years, 4 months ago

Final goods means the input change into output or raw materials change into valuable things.For e.g the wheat flour change into ?
  • 1 answers

Shivangi Goel 7 years, 4 months ago

Problem of scaricity or the problem of choice refers to the optimum utilization of scare resources and their rational management ..... This problem arise out of the fact that resources are scare, resources have their alternative uses and human wants are unlimited....
  • 3 answers

Shivangi Goel 7 years, 4 months ago

Please....I want hindi explaination

Shubhransh Tiwari 7 years, 4 months ago

# Due 

Shubhransh Tiwari 7 years, 4 months ago

FALSE, 

Distance between AC and AVC curves tends to reduce as output increase. Dur to falling AFC.

And 

Sometimes AVC And AFC intersect each other [ AVC=AFC ]

AVC < AFC at initial level of output. Eventually AVC > AFC.

  • 2 answers

Shambhavi Mishra 7 years, 4 months ago

Cost & revenue???

Shivangi Goel 7 years, 4 months ago

See on this app.....u will surely get them
  • 1 answers

Yadwinder Singh 7 years, 4 months ago

suppose all commercial banks have deposits of rs, 10000 and the banks by their historical experience say that no person withdraw the deposits one day so the make rsserve of 10% on deposits and lend otber amont as loan. 10000*10%=1000 10000-1000=9000 So now bank can lend rs. 9000 as loan to the borrowers and now total liability of bank is rs.19000 the reserve amount is 1900 and rs. 8100 again bank lend loan. This process will be followed by banks upto the time the bank can lend loan of rs. 100000 and in this way bank creates credit. Bank created credit of rs. 100000 from rs. 10000
  • 2 answers

Kanika Mastana 7 years, 4 months ago

Shivangi nice to see u back .happy to get ur answers again?

Shivangi Goel 7 years, 4 months ago

1 Market prices are given to a firm. A firm can sell any amount of comodity at the given prices . It can't be influence market price... 2 Firm's demand curve is horizontal straight line ... 3 Elasticity of demand for the firm is perfecly elastic... 4 Firm is a price taker not a price maker......( these are the implications of large no of buyers and sellers in perfect com)..
  • 1 answers

Nitasha Yadav 7 years, 4 months ago

Real cost are the physical and mental affect of producer by process of production of products And main point is this it cannot be measure in numbers
  • 1 answers

Shivangi Goel 7 years, 4 months ago

Perfect competative market is a price taker , not a price maker..... Because..... In this market there is no control of sellers over price and prices are determined by the market forces demand and supply they can't be changed according to seller's choice.... Thus, every seller is forced to charge the exact same price.....And due to this the demand curve of this market is perfectly elastic....
  • 1 answers

Prajjwal Singh 7 years, 4 months ago

Revenue refers to the amount received by a firm from the sale of a given quantity of a commodity in the market
  • 2 answers

Himanshu Sharma 7 years, 4 months ago

Two coomodity

Shambhavi Mishra 7 years, 4 months ago

Single commodity and two commodity
  • 3 answers

Harsh Kumar 7 years, 4 months ago

Example of complimentary good is "bat and ball".

Nitasha Yadav 7 years, 4 months ago

Complementary goods are those goods which are interdependent upon each other if good 1price increase its demand fall and complimentary good demand also fall e.g ink and pen ,car and petrol

Simran Thakur 7 years, 4 months ago

Example of complementary goods is petrol and car, ink and pen etc....
  • 1 answers

Nitasha Yadav 7 years, 4 months ago

NDPmp :GNP-Dep-NFIA ,....75200-3700-850:70650 .... NDPfc :NDPmc-(indirect tax-subsidies ).. NDPfc:70650-7500:63150
  • 1 answers

Vaibhav Goel 7 years, 4 months ago

They both are equal MRT is also known as MOC
  • 0 answers
  • 1 answers

Shambhavi Mishra 7 years, 4 months ago

It is the amount by which the actual gross domestic product exceed potential full employment GDP. It is one type of output gap the other being a recessionary gal
  • 1 answers

Shambhavi Mishra 7 years, 4 months ago

Cleanliness reduces chances of people falling ill and,thus can ensure better health. This in turn will reduce forced absenteeism from work,raise efficiency level and thus raise country's production potential. Rise in this potential shifts pp curve to the right
  • 2 answers

Utkarsh Raj 7 years, 4 months ago

The inflow of foreign capital is expected to increase the availability of the resources. Consequently , production possibility frontier will shift to the right.

Monika Aktar 7 years, 4 months ago

Market demand
  • 2 answers

Sup Im Rohan Mathai From Kerala 7 years, 4 months ago

Want for a commodity Any way better than lol

Ankit Rajput 7 years, 4 months ago

Lol

myCBSEguide App

myCBSEguide

Trusted by 1 Crore+ Students

Test Generator

Test Generator

Create papers online. It's FREE.

CUET Mock Tests

CUET Mock Tests

75,000+ questions to practice only on myCBSEguide app

Download myCBSEguide App