CBSE > Class 12 > Economics | CBSE Board | Homework Help

1 AP increases so long as MP>AP......2 AP decreases when MP < AP.....3 AP is maximum when AP=MP....4 MP can be zero or negative but AP continoues to be positive.....Must see the diagram .....

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ANSWER

Why cost is equal to opportunity cost?

Posted by Kanika Mastana 7 years, 6 months ago

CBSE > Class 12 > Economics

1 answers

Shivangi Goel 7 years, 6 months ago

We know that opportunity cost of an activity is measured in terms of the total sacrifice involved in undertaking that activity . Thus, cost of producing a given amount of output is to be measured in terms of the sacrifice involved in production..

2Thank You

ANSWER

Why human is social animal

Posted by Pratham Kaushal 7 years, 6 months ago

CBSE > Class 12 > Economics

1 answers

Kanika Mastana 7 years, 6 months ago

Because to fulfill his needs and desires he needs to interact with others in the society .Therefore man is termed as social animal.

2Thank You

ANSWER

Why supply of money is a stock concept

Posted by Anjali Choudhary 7 years, 6 months ago

CBSE > Class 12 > Economics

0 answers

ANSWER

How can ppc be a straight line

Posted by Monika Pawar 7 years, 6 months ago

CBSE > Class 12 > Economics

1 answers

Devanshu Khokhar 7 years, 6 months ago

Because moc became constant.

4Thank You

ANSWER

Sources of revenue receipts nd capital receipts

Posted by Ishika Popli Ishika 7 years, 6 months ago

CBSE > Class 12 > Economics

0 answers

ANSWER

Explain ppc

Posted by Disha Sahu 7 years, 6 months ago

CBSE > Class 12 > Economics

1 answers

Devanshu Khokhar 7 years, 6 months ago

Ppc or production possibility curve refers to different combinations of two goods that can be produce in an economy. E.g. if 9 apples are produces then economy can only produce 1 orange as resources are fixed.

1Thank You

ANSWER

Eco class 12 revision notes are not there

Posted by Naman Paliwal 7 years, 6 months ago

CBSE > Class 12 > Economics

2 answers

Kanika Mastana 7 years, 6 months ago

Yes all notes are available here

1Thank You

Devanshu Khokhar 7 years, 6 months ago

No ...all are present here

0Thank You

ANSWER

Help to make economics project

Posted by Yogita Aggarwal 7 years, 6 months ago

CBSE > Class 12 > Economics

1 answers

Devanshu Khokhar 7 years, 6 months ago

U first have to select topic.. B/w current topics and academic topics 4 easiness you can prefer academic topics. Like monopoly, oligopoly. Etc.

2Thank You

ANSWER

How is PPC affected by employment in the economy?Explain.

Posted by Saloni Tiwari 7 years, 6 months ago

CBSE > Class 12 > Economics

5 answers

Shivangi Goel 7 years, 6 months ago

Yes ...there will be better and fuller utilisation of resources but not shift in PPC.... Greater employment raise the actual output but do not cross the potential level....

2Thank You

Kanika Mastana 7 years, 6 months ago

Sorry..... i think greater employment- better and full utillisation of resources- rise in production- right ward shift of ppc..

1Thank You

Kanika Mastana 7 years, 6 months ago

Shivangi i t

0Thank You

Shivangi Goel 7 years, 6 months ago

I think there is no rightward shift of PPC by employment ......becz greater employment will leads only fuller utilisation of resources not the growth of resources and thus output only came closer or on the potential output......

0Thank You

Kanika Mastana 7 years, 6 months ago

More employment=more production=right ward shift in PPC

4Thank You

ANSWER

significance of cost to producer

Posted by Jahnvi Sharma 7 years, 6 months ago

CBSE > Class 12 > Economics

1 answers

Shivangi Goel 7 years, 6 months ago

Production will not be possible becz cost is the total expenditure incurred by a producer in the production process......there is the requirement of fixed cost as well as variable cost to make the production possible....

1Thank You

ANSWER

Define the problem of for whom to produce?

Posted by Kanika Mastana 7 years, 6 months ago

CBSE > Class 12 > Economics

10 answers

Kanika Mastana 7 years, 6 months ago

My pleasure.....

2Thank You

Devanshu Khokhar 7 years, 6 months ago

Thanx..

0Thank You

Kanika Mastana 7 years, 6 months ago

Nature of economic activities reveal the nature of economy and level of economic activities reveal the level of economy.....nature of economy is related to industrial/agricultural economy and so on... Level of economy is related to rich /poor etc .....

3Thank You

Devanshu Khokhar 7 years, 6 months ago

What do you mean by the level and nature of economy?

0Thank You

Kanika Mastana 7 years, 6 months ago

I am sorry varshita i am not even able to find ur questions??please write ur doubts again...

1Thank You

Kanika Mastana 7 years, 6 months ago

If i know the answers i will surely try to help u...

1Thank You

Devanshu Khokhar 7 years, 6 months ago

Kanika mastana.... Can u help in solving my ques.?? I posted it yesterday...u can scroll this timeline.2 check the ques. . But still don't receive any answer...

0Thank You

Devanshu Khokhar 7 years, 6 months ago

No..... Ncert

0Thank You

Kanika Mastana 7 years, 6 months ago

Thanks .....are u following vk ohri book?

1Thank You

Devanshu Khokhar 7 years, 6 months ago

This problem is also known as ""central problem of distribution"" Under this basic problem of economy we have to decide for which section we have to produce. Section are broadly divided as rich and poor. If production is made for rich it leads to high profit gaining which results in GDP growth. Although producing for poor section promotes social justice but slow down the pace of GDP growth. Here the from to scarcity of resources arise. So we have to decide for whom to produce and in what manner.

2Thank You

ANSWER

State three difference between normative economic analysis and positive economic analysis

Posted by Aditya Dabas 7 years, 6 months ago

CBSE > Class 12 > Economics

1 answers

Devanshu Khokhar 7 years, 6 months ago

1.normative based on value judgement whereas,positive does not based on judgement . 2.normative involves debates and controversies whereas, positive are related with facts and figures. 3.normative are ethical aspects of economic decision whereas, positive are cause and effect relationship Or 3.noramtive doesn't verified but positive are verifiable for truth.

2Thank You

ANSWER

What is level and nature of economy?

Posted by Devanshu Khokhar 7 years, 6 months ago

CBSE > Class 12 > Economics

0 answers

ANSWER

Explain the central problem of economy

Posted by Funsuk Wangru 7 years, 6 months ago

CBSE > Class 12 > Economics

1 answers

Kanika Mastana 5 years, 8 months ago

It is 1.What to produce? 2.how to produce?.. 3.for whom to produce?

7Thank You

ANSWER

Case study on production possibility curve and consumer equilibrium

Posted by Om Chauhan 5 years, 8 months ago

CBSE > Class 12 > Economics

2 answers

Rekha Walia 2 years ago

case study on ppc curve

20Thank You

Divesh Dagar 6 years ago

good

16Thank You

ANSWER

at a price of rs.20 per unit,the quality add of a commodity is 30 units. if it's pricefalls by 10% quantity rises by 60 units. find p.ed

Posted by Prity Subba 7 years, 6 months ago

CBSE > Class 12 > Economics

1 answers

Kanika Mastana 7 years, 6 months ago

Is this question correct?? I mean is there any mistake in typing the question? I think it needs correction ..please check it once again..

0Thank You

ANSWER

What is the project of economics 2018

Posted by Aashana Chaurasia 7 years, 6 months ago

CBSE > Class 12 > Economics

0 answers

ANSWER

How is macroeconomics dependent or interrelated to microeconomics???

Posted by Kanika Mastana 7 years, 6 months ago

CBSE > Class 12 > Economics

1 answers

Nitasha Yadav 7 years, 6 months ago

Microeconomic studies in small scale like individuals demand and supply and macroeconomic studies of aggregate demand and supply and every individual are involved

0Thank You

ANSWER

TVC increases at a decreasing rate

Posted by Preet Kaur Virk 7 years, 6 months ago

CBSE > Class 12 > Economics

0 answers

ANSWER

Difference between opportunity cost n marginal opportunity cost??

Posted by Bhakti Katariya 7 years, 6 months ago

CBSE > Class 12 > Economics

1 answers

Nitasha Yadav 7 years, 6 months ago

When we have two or more than opportunity in time and choose one of them is called opportunity cost And the difference between these opportunity cost is called marginal opportunity cost

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ANSWER

How does postponement of use, proportion of income spent on a commodity, price level and time period effect price elasticity of demand of a commodity?

Posted by Mayurakshi Choudhury 7 years, 6 months ago

CBSE > Class 12 > Economics

0 answers

ANSWER

Define return to factor.

Posted by Nayani Singh 7 years, 6 months ago

CBSE > Class 12 > Economics

1 answers

Satya Rao 7 years, 6 months ago

It means that when more units of the variable factor are combined with the fixed factor ,MP of variable factor may initially rise , but eventually a situation must come when MP of the variable factor starts decreasing . MP may ultimately become zero or negative

1Thank You

ANSWER

How many question will come from chapter 1

Posted by Gobinda Debbarma 7 years, 6 months ago

CBSE > Class 12 > Economics

0 answers

ANSWER

Show that a perfectly Competitive firm maximize it's profit only when price = MC use diagram

Posted by Nikhil Bhardwaj 7 years, 6 months ago

CBSE > Class 12 > Economics

0 answers

ANSWER

What is value judgement?

Posted by Kanika Mastana 7 years, 6 months ago

CBSE > Class 12 > Economics

3 answers

Kanika Mastana 7 years, 6 months ago

Thanks shivangi and shivani.

0Thank You

Shivangi Goel 7 years, 6 months ago

Value judgement is a subjective statement of opinions rather than a fact which can be tested by looking at the available evidences.....example - pollution is a very serious problem for economy....

2Thank You

Shivani Chaudhary 7 years, 6 months ago

Value judgement means if we are giving judgement or providing our veiws to any thing ( any problem / value ) ......

1Thank You

ANSWER

Full form of PPC?

Posted by Lakshita Sharma 7 years, 6 months ago

CBSE > Class 12 > Economics

1 answers

Lakshita Sharma 7 years, 6 months ago

Production possibility curve.?

1Thank You

ANSWER

What is Indifferent curve

Posted by Nikhil Yadav 7 years, 6 months ago

CBSE > Class 12 > Economics

1 answers

Shivangi Goel 7 years, 6 months ago

Indifference curve is the graphical representation of the combination of two goods giving the same level of satisfaction to the consumer....Do u also want to know it's properties????

1Thank You

ANSWER

Drive the law of demand from the single commodity equilibrium condition

Posted by Ishika Popli Ishika 7 years, 6 months ago

CBSE > Class 12 > Economics