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  • 1 answers

Shivangi Goel 7 years, 6 months ago

Fixed cost remains constant in short run at any situation...only level of output increases by 30 units possible the variable factor may change but not fixed cost it renains 100.. Hope u get it...
  • 2 answers

Shivangi Goel 7 years, 6 months ago

MOC tends to rise because as resources are continously shifted from opp1 to opp2 their existing specialsed use is disturbed. When the specialised use of resources is incresingly disturbed , the loss of output (indicating marginal opportunity cost) must also be increasing...

Sagar Rajwar 7 years, 6 months ago

Moc increases in ppc because the consumer is sacrificing more units of good y to obtain an additional unit of good x and the curve will be in concave shape
  • 2 answers

Kanika Mastana 7 years, 6 months ago

Yes i agree to it

Shivangi Goel 7 years, 6 months ago

Together both of these terms are not from the point of view to diffrenciate.....but if u r asking then.....Marginal utility-- it refers to the additional utility on an account to the consumption of additional units... .............Cardinal utility-it refers to measurement of utility on the bases of cardinal numbers as 1utile, 2utile.....
  • 3 answers

Sagar Rajwar 7 years, 6 months ago

I agree with both of them but I will give you the simple meaning. The wants of the people are more than what the available resource could satisfy.

Kanika Mastana 7 years, 6 months ago

Scarcity is a situation when demand for a commodity exceeds the supply of that commodity.....

Dev Narula 7 years, 6 months ago

Scarcity means unavailability of goods.
  • 1 answers

Shivangi Goel 7 years, 6 months ago

Yes ... Because it is the value of a factor in its next best alternative use or forgone...
  • 3 answers

Kanika Mastana 7 years, 6 months ago

Any time..

Shivangi Goel 7 years, 6 months ago

Thanxx kanika......

Kanika Mastana 7 years, 6 months ago

If MC nhi badegi to TC/TVC bhi nhi badega.or TR TC/TVC se zyada hoga or producer ek or commodity banaega but producer equilibrium meansproducer is at a point where he earns max profit and will nt make another commodity after that.. Hope u understand..
  • 1 answers

Mokshita Radesh 7 years, 6 months ago

MRS is continuously falling because to obtain more units of good X the consumer will like to sacrifice less and less units of good Y.
  • 3 answers

Kanika Mastana 7 years, 6 months ago

Consumer ..and....equilibrium.....sorry typing mistake

Kanika Mastana 7 years, 6 months ago

When mc=mr and mc is continuously rising...if these conditions are satisfied then cinsumer is in.eqilibrium

Dev Narula 7 years, 6 months ago

MC =MR And MC curve cut the MR curve from below.
  • 1 answers

Kanika Mastana 7 years, 6 months ago

Unless px =mux (in terms of money ) ,consumer continues to buy and when px become equal to mux he will stop buying anything after that as he reaches his state of equilibrium...
  • 3 answers

Shivangi Goel 7 years, 6 months ago

MRS decline due to Law of dimnishing marginal utility...... As more and more units of good x are consumed by the consumer, his intensity of desire for good x tends to decline implies decline in MUx on the other hand as more and more unit of good y are given up its MUy tends to rise .....it is becz of that every sucessive unit of good x willing to give up and less amount of good y.....

Kanika Mastana 7 years, 6 months ago

Shivangi why MRS decline?

Shivangi Goel 7 years, 6 months ago

1 IC slopes downwards - it happens becz of monotonic preference as more of one good must be combined with less of other one...2 IC is convex to the origin - accordence to law of dmu marginal rate of subsitution tends to decline thus it is convex...3 IC does not touch x and y axis - if ic touches x axis it would mean that cinsumption of good y is zero and for good x vice varsa which can' t be possible.......
  • 3 answers

Saddam Hussain 7 years, 6 months ago

What is normal for a poor man is inferior to a rich man. For eg a scooty is normal for a poor man but it is inferior to a rich man. It is relative term used in economics with reference to your income.

Sunita Sharma 7 years, 6 months ago

How ? Plz can u give suitable example

Ratna Singh 7 years, 6 months ago

Yes
  • 1 answers

Devanshu Khokhar 7 years, 6 months ago

Elasticity of demand is a measure used in economics to show the responsiveness, or elasticity, of the quantity demanded of a good or service to a change in its price when nothing but the price changes.
  • 1 answers

Pintu Kumar 7 years, 6 months ago

Positive economics is the the economics which deals with economic unit AS THEY ARE EX: Population of india is raising at a faster rate NORMATIVE ECONOMICS is the economics which deals with economic unit AS THEY SHOULD BE EX:The growth of population in india should be controlled
  • 6 answers

Kanika Mastana 7 years, 6 months ago

Let me please mention.....here Marginal Utility(MU) is in terms of money...

Devanshu Khokhar 7 years, 6 months ago

If I'm wrong..... Will u explain the correct answer SAGAR

Shivangi Goel 7 years, 6 months ago

Still i think that varshita has given correct ans...... Will u explain the right ans according to you????

Sagar Rajwar 7 years, 6 months ago

Sorry to say but shivangi your answer is wrong

Shivangi Goel 7 years, 6 months ago

Correct Varshita...

Devanshu Khokhar 7 years, 6 months ago

Consumer purchases up to the point where MU= Price. So long as MU > P, he keeps on purchasing. As he makes purchases, MU falls and at a particular quantity of the good MU becomes equal to price. Consumer purchases up to this point.
  • 4 answers

Devanshu Khokhar 7 years, 6 months ago

My.. Pleasure...

Shivangi Goel 7 years, 6 months ago

Yaa....thanxx

Devanshu Khokhar 7 years, 6 months ago

Hope this will help u.....

Devanshu Khokhar 7 years, 6 months ago

Investment =change in stock(increase) So, change in inventory stock {raw materials, finished goods,semi -finished goods } during the year is called inventory investment.
  • 0 answers
  • 1 answers

Devanshu Khokhar 7 years, 6 months ago

Devaluation of domestic currency means fall in value of domestic currency as planned by Central Bank,here exchange rate is not determined by market force.i.e. demand and supply. Whereas depreciation of domestic currency means fall in value by domestic currency in term of foreign currencies, under flexible exchange system determined by market force.i.e demand and supply.
  • 2 answers

Kanika Mastana 7 years, 6 months ago

Try to understand the concept &make multiple revision...

Nikita Bhardwaj 7 years, 6 months ago

What ever teachers teaches you read it after coming to home
  • 2 answers

Devanshu Khokhar 7 years, 6 months ago

It's "loan" not load.... Wrong texting Plzz avoid

Devanshu Khokhar 7 years, 6 months ago

Due to Jan Dhan yojana new bank accounts open, which leads to more savings of people with bank. Bank have more money to provide load and which get invested by entprenuer. Ultimately leads to increase in resources. Hence ppc shifts rightward.
  • 2 answers

Shivangi Goel 7 years, 6 months ago

X refers to units ....not the multiply sign

Shivangi Goel 7 years, 6 months ago

A consumer's budget is rs 40 , he is buying good 1 and good 2 . price of good 1 is rs 8 per unit nd of good 2 is rs 10 per unit......with the help of this u can derive the budget set by using the formula P1X1 + P2X2 =/< Y.......
  • 1 answers

Shivangi Goel 7 years, 6 months ago

Where??? R u talking about this app??? If yes, then here it is mentioned ....
  • 2 answers

Kanika Mastana 7 years, 6 months ago

Yes shivangi is correct..

Shivangi Goel 7 years, 6 months ago

If only one unit is consumed then total utility will be equal to marginal utility.....means TU = 16 in the above case.....
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  • 3 answers

Lakshita Sharma 7 years, 5 months ago

Thnks shivani nd varshita

Devanshu Khokhar 7 years, 6 months ago

Yes both are same.....

Shivani Chaudhary 7 years, 6 months ago

Both are same
  • 3 answers

Shivangi Goel 7 years, 6 months ago

Thanks....now u can ask

Kanika Mastana 7 years, 6 months ago

Shivangi i am happy to see u back missed ur answers for 2 -3 days...have a lot of querries need ur help

Shivangi Goel 7 years, 6 months ago

Due to law of variable proportion which leads negative return to the factor....

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