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

Availability of substitute -when there is substitute of a commodity available in the market then demand for such commodity will be more elastic. If price of a commodity rise then consumer wil shift to other commodity. When there is no substitute available in the market then demand for such a commodity will be inelastic. **Nature of a commodity or good -When a commodity is necessary for life then demand of a commodity will be inelastic because these goods are essential for survival. When a commodity is comfort like refrigerator, ac have semi elastic demand. When a commodity is luxurious like costly furniture, Mercedes, have more elastic demand .

2Thank You

ANSWER

Factors that affect consumer behaviour

Posted by Dhrubajyoti Hazarika 7 years, 7 months ago

CBSE > Class 12 > Economics

2 answers

Anu Vat 7 years, 7 months ago

Expected rise in price of a product

0Thank You

Syed Khabib 7 years, 7 months ago

1.Taste and preferences 2.Own price of a commodity 3.Price of related goods 4.Income of the buyer 5.Expectation

1Thank You

ANSWER

Why negative sign can't be put in front of MOC ?

Posted by Kamal Aggarwal 7 years, 7 months ago

CBSE > Class 12 > Economics

0 answers

ANSWER

What is MoC?

Posted by Krati Rastogi 7 years, 7 months ago

CBSE > Class 12 > Economics

1 answers

Shailja Behal 7 years, 7 months ago

Marginal opportunity cost is the opportunity cost per unit of additional output of use2 when resources are shifted from one opportunity to other.

2Thank You

ANSWER

What is shot and long period in freedom of entry and exit

Posted by Harveer Singh 7 years, 7 months ago

CBSE > Class 12 > Economics

0 answers

ANSWER

What is the normative science?

Posted by Saloni Chambyal 7 years, 7 months ago

CBSE > Class 12 > Economics

2 answers

Moni Sahni 7 years, 7 months ago

Normative science does not deal with facts and figures it shows the goals of the economy

0Thank You

Syed Khabib 7 years, 7 months ago

That is Normative Economics. Normative economics deals with actual solution of a problem.

1Thank You

ANSWER

When is normative science?

Posted by Saloni Chambyal 7 years, 7 months ago

CBSE > Class 12 > Economics

0 answers

ANSWER

What is marginal utility rate?

Posted by Mayank Kumar 7 years, 7 months ago

CBSE > Class 12 > Economics

1 answers

Yukti Katariya 7 years, 7 months ago

The additional satisfaction of a consumer gain.

0Thank You

ANSWER

what is market demand for a goods? Name the factors determining market demand

Posted by Jutin Chakma 7 years, 7 months ago

CBSE > Class 12 > Economics

2 answers

Moni Sahni 7 years, 7 months ago

Population also

0Thank You

Syed Khabib 7 years, 7 months ago

When all the buyers are ready to purchase different quantities of a commodity at the given prices over a period of time is called market demand. Factors determining market demand : 1.Taste and preference 2.Own price of a commodity 3.price of related goods 4.income of the buyers 5.Expectation

1Thank You

ANSWER

Summation of ac afc

Posted by Naresh Kumar 7 years, 7 months ago

CBSE > Class 12 > Economics

0 answers

ANSWER

Law of demand is price demand... comment

Posted by Muskan Jain 7 years, 8 months ago

CBSE > Class 12 > Economics

0 answers

ANSWER

What causes a movement along the demand curve of a commodity?

Posted by Muskan Jain 7 years, 8 months ago

CBSE > Class 12 > Economics

1 answers

Syed Khabib 7 years, 7 months ago

1.Extension in demand 2.contraction in demand .

2Thank You

ANSWER

kisko kitne Kitne marks aane Ki expectations hai? all over percentage

Posted by Sahil Dabas 7 years, 8 months ago

CBSE > Class 12 > Economics

1 answers

Syed Khabib 7 years, 8 months ago

80 +

4Thank You

ANSWER

Why should a consumer buy more of a commodity even when marginal utility from every successive units tends to decrease??

Posted by Muskan Jain 7 years, 8 months ago

CBSE > Class 12 > Economics

2 answers

Syed Khabib 7 years, 8 months ago

The consumer will consume till the point Marginal utility derived from the consumption of a commodity is greater than the price paid .

1Thank You

Syed Khabib 7 years, 8 months ago

The consumer will consume till the point Marginal utility derived from the consumption of a commodity is greater than the price paid .

2Thank You

ANSWER

In the situation of inflation who got benfit debtor or creditor

Posted by Minakshi Mittal 7 years, 8 months ago

CBSE > Class 12 > Economics

3 answers

Gaurav Bansal 7 years, 7 months ago

Pls. Explain

0Thank You

Gaurav Bansal 7 years, 7 months ago

Why?

0Thank You

Syed Khabib 7 years, 8 months ago

Debtors get benefits from the situation of inflation

2Thank You

ANSWER

Explain why consumer buy more with the fall in price

Posted by Abhishek Jain 7 years, 8 months ago

CBSE > Class 12 > Economics

1 answers

Syed Khabib 7 years, 8 months ago

Consumer buy more with the fall in price because of following reasons. 1.Income Effect 2.Substitution Effect . 4.Law of DMU

2Thank You

ANSWER

What is the difference between standard units and identical units??

Posted by Kratika Maheshwari 7 years, 8 months ago

CBSE > Class 12 > Economics

0 answers

ANSWER

What is wpi?

Posted by Somaya Shokwungnao 7 years, 8 months ago

CBSE > Class 12 > Economics

1 answers

Yukti Katariya 7 years, 8 months ago

Wholesale price index.

1Thank You

ANSWER

A consumer spend rs 100 on a good priced at rs 5 per unti . when price falls by 50% the consumer continues to sepend rs 100 on the good . calculate Ed (price) by percentage method .

Posted by Nishu Nishu 7 years, 8 months ago

CBSE > Class 12 > Economics

2 answers

Nishu Nishu 7 years, 7 months ago

Plz help me. Ye. Question. Mai. Bhut bar banne ki koshisa ki but nhi ban rha hai Kisi ko aata hai to bta do plz

1Thank You

Nishu Nishu 7 years, 8 months ago

Plz give me answer urgently

1Thank You

ANSWER

When12 class result of 2018

Posted by Duhan Duhan 7 years, 8 months ago

CBSE > Class 12 > Economics

4 answers

Washeem Ahmed 7 years, 8 months ago

28 th

2Thank You

Nishu Nishu 7 years, 8 months ago

On 28 may

2Thank You

Sonal Sachdeva 7 years, 8 months ago

28 of may

2Thank You

Yukti Katariya 7 years, 8 months ago

May be on 26th may

2Thank You

ANSWER

Scope of statistics

Posted by Shikha Madan 7 years, 8 months ago

CBSE > Class 12 > Economics

1 answers

Yukti Katariya 7 years, 8 months ago

Age of planning, it also helps to know the economical background such as prices, wages etc.

0Thank You

ANSWER

consumer equilibrium indifference curve analysis

Posted by Vaibhav Pal 7 years, 8 months ago

CBSE > Class 12 > Economics

1 answers

Syed Khabib 7 years, 8 months ago

1.MRS =PX/PY 2.IC convex to origin. According to IC analysis consumer attain equilibrium where slope of budget line equal to slope of IC and IC touch the budget line as a tangent.

3Thank You

ANSWER

(i) Personal tax 80 (ii) Private final consumption expenditure 600 (iii) Undistributed profits 30 (iv) Private income 650 (v) Government final consumption expenditure 100 (vi) Corporate tax 50 (vii) Net domestic fixed capital formation 70 (viii) Net indirect tax 60 (ix) Depreciation 14 (x) Change in stocks ‒ (10) (xi) Net imports 20 (xii) Net factor income to abroad 10

Posted by Chakshu Sharma 7 years, 8 months ago

CBSE > Class 12 > Economics

1 answers

Syed Khabib 7 years, 8 months ago

National Income or NNP at fc =670

2Thank You

ANSWER

differentiate between expected obsolescence and unexpected obsolescence*

Posted by Manash Bora 5 years, 6 months ago

CBSE > Class 12 > Economics

2 answers

Rakshita Bachchan 5 years, 4 months ago

expected obsolence means the loss which the person expects when he/she starts a business but unexpected obsolence means when the loss take place by chance... example -A person when start a business he puts some finance aside for the expected obsolence but if some of the items destroys by fire or sone accident than it locates unexpected obsolence..

1Thank You

Hage Anku 5 years, 6 months ago

send me ans

0Thank You

ANSWER

How to calculate TC when only MC and TFC is given???

Posted by Priyal Agrawal 7 years, 8 months ago

CBSE > Class 12 > Economics

0 answers

ANSWER

Can you suggest some ideas for my topic that is central bank and its functions

Posted by Keshavi Vadivel 7 years, 8 months ago

CBSE > Class 12 > Economics

1 answers

Gaurav Bansal 7 years, 8 months ago

1.Issue currency notes. 2.central bank help to the government by advising ,managing

0Thank You

ANSWER

If a machinery can produce 6 units of carpet . What would happen to total fixed cost when 7 th unit of carpet is produced?

Posted by Sonali Chhabra 7 years, 8 months ago

CBSE > Class 12 > Economics

1 answers

Syed Khabib 7 years, 8 months ago

TFC remain same or constant

1Thank You

ANSWER

economic problem

Posted by Ashmita Kumari 7 years, 8 months ago

CBSE > Class 12 > Economics

3 answers

Syed Khabib 7 years, 8 months ago

Economic problems are problems of an economy which arises due to the fact that resources are scares and they have alternative uses. Three types of Economic Problems are : 1.What to produce 2.How to produce 3.Whom to Produce

1Thank You

Harshitha Reddy 7 years, 8 months ago

Central problems of economy

1Thank You

Priyanshi Verma 7 years, 8 months ago

What yo produce how to produce for whom to produce

1Thank You

ANSWER

When will a good be called inferior or normal ? Explain by giving an example

Posted by Nishu Nishu 7 years, 8 months ago

CBSE > Class 12 > Economics

1 answers

Arpita Pandey 7 years, 8 months ago

A normal good is a good whose consumption increases with an increase in income of consumer while an inferior good is a good whose consumption decreases with increase in income. Ex-say you used to buy vanilla ice cream but you started buying chocolate ice cream after your income increased.In this case, vanilla ice cream is an inferior good while chocolate ice cream is a normal good for the given consumer i.e you.

2Thank You

ANSWER

Page 251 of 389

myCBSEguide

myCBSEguide

Test Generator

CUET Mock Tests

Download myCBSEguide App

All Courses

Other Websites

CBSE Courses

Resources

Corporate

NCERT Solutions

CBSE Sample Papers