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Explain mr mc approach

Posted by Monika Bhartiya 7 years, 8 months ago

2 answers

Hsjsd Jsjsjs 7 years, 8 months ago

According to MR=MC approach, the producer strikes equilibrium when two conditions are satisfied : 1. MR=MC 2. MC should be rising at next level of output

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Riya Goyal 7 years, 8 months ago

Acc to MR -MC approach,producer's equilibrium will be at equilibrium when:MR IS EQUAL TO MC nd when MR IS GREATER AFTER MR IS EQUAL TO MC

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ANSWER

when the average product is maximum the marginal product is : a) equal to ap b)less than ap c) more than ap d) can be any one of the above

Posted by Awesh Khan 7 years, 8 months ago

CBSE > Class 12 > Economics

2 answers

Ishitta Bhatt 7 years, 8 months ago

B....less than ap. Coz mp reaches max in the first stage only & falls & become 0 at the end of 2nd stage...wheras ap reaches max & starts falling in the 2nd stage. So, i guess b is the ans

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Yami Wadhwa 7 years, 8 months ago

Equal to AP

2Thank You

ANSWER

What are the three deficiet?

Posted by Rishabh Bhati 7 years, 8 months ago

CBSE > Class 12 > Economics

2 answers

Yami Wadhwa 7 years, 8 months ago

Fiscal..revenue...primary

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H H 7 years, 8 months ago

Fiscal, revenue ,primary defcit

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ANSWER

Given the price of a good , how will a consumer decide as to how much quantity to buy of that good? Explain.

Posted by Baljit Kaur 7 years, 8 months ago

CBSE > Class 12 > Economics

0 answers

ANSWER

When saving curve is parallel to consumption curve

Posted by Pinki Pal 7 years, 8 months ago

CBSE > Class 12 > Economics

0 answers

ANSWER

What isthe degree of price control in oligopoly?

Posted by Piyush Sant 7 years, 8 months ago

CBSE > Class 12 > Economics

1 answers

Rahul Dabas 7 years, 8 months ago

Partial control over price

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ANSWER

The value of marginal propensity to consume is 0.6 and initial income in the economy is Rs100 crores prepare a schedule showing Income,consumption and saving. Also show the equilibrium level of income by assuming autonomus investment of Rs 80crores

Posted by Naveen Jha 7 years, 8 months ago

CBSE > Class 12 > Economics

0 answers

ANSWER

What are the conditions of consumers eq What is the conditions of producers eq.

Posted by Aman Gautam 7 years, 8 months ago

CBSE > Class 12 > Economics

0 answers

ANSWER

I have leak ppr of eco 25 April.

Posted by Vishu Saini 5 years, 9 months ago

CBSE > Class 12 > Economics

4 answers

Abhi Thakur 7 years, 8 months ago

Kuch nhi h yar kyu sab ki......

0Thank You

Ravi Rajput 7 years, 8 months ago

Ager aap ke paas he tho es app par aap kam se kam 5 questions daala fir pata chalega paper he ya nahi

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Shorvari Suxena 7 years, 8 months ago

Not possible

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Alina Rana 7 years, 8 months ago

really??

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ANSWER

The demand for a.c increase with increased in income is it true or false

Posted by Aditya Solanki 7 years, 8 months ago

CBSE > Class 12 > Economics

2 answers

Vinay Bhadana 7 years, 8 months ago

It is true because it is a normal good and it. Has a positive income effect

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Vishu Saini 7 years, 8 months ago

Yess

3Thank You

ANSWER

When economic reexamination were taken

Posted by Aakash Sharma 7 years, 8 months ago

CBSE > Class 12 > Economics

1 answers

Kunga T 7 years, 8 months ago

25 April

2Thank You

ANSWER

Economics ka paper frr se ... Kuch idea h kya level hoga ? Like thus time it was so easy

Posted by Garima Gautam 7 years, 8 months ago

CBSE > Class 12 > Economics

1 answers

Asmita Arora 7 years, 8 months ago

It will be of medium level only..anyhow it depends upo n our preparation also..so do your best..!!! Wish uh all the best.. :))

2Thank You

ANSWER

Is cash deposit ratio (CDR) in syllabus?????

Posted by Vanshikaa Gupta 7 years, 8 months ago

CBSE > Class 12 > Economics

1 answers

Arjun Singh 7 years, 8 months ago

Yes

1Thank You

ANSWER

Humara 12 ka results kb tq nikalega may month me

Posted by Smriti Bhat 7 years, 8 months ago

CBSE > Class 12 > Economics

1 answers

Pawan Tiwari 7 years, 8 months ago

Ys.... In may

0Thank You

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Define Indifference analysis

Posted by Nidduu Saifi 7 years, 8 months ago

CBSE > Class 12 > Economics

0 answers

ANSWER

What is llr

Posted by Khushi Sultania 7 years, 8 months ago

CBSE > Class 12 > Economics

0 answers

ANSWER

How does the budget line change if the prices of both the goods are doubled while the consumer's income remains unchanged?

Posted by Shivam Biswas 7 years, 8 months ago

CBSE > Class 12 > Economics

4 answers

Riya Goyal 7 years, 8 months ago

Budget line shift towards left ,as capacity of consumer to purchase both goods will fall nd he reduce the consumption of both the goods.

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Dhruv Khare 7 years, 8 months ago

Typing error in first line the budget line shifts left not right

1Thank You

Dhruv Khare 7 years, 8 months ago

The budget line will shift to right as Y remaining constant when the price of the two good gets doubled up, it shows that less of both would be bought in same Y so Budget line shifts left...

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Shivani Nagar 7 years, 8 months ago

Budget line will shift to the right.

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ANSWER

I m confused between formulas

Posted by Pooja Gehlot 7 years, 8 months ago

CBSE > Class 12 > Economics

1 answers

Yami Wadhwa 7 years, 8 months ago

Ek page p sare formulas lkh lo......phr learn kro

3Thank You

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A consumer consumes only two goods x and y whose prices are 4 and 5 per unit respectively. If the consumer chooses a combination of the two goods with marginal utility of x edual to 5 and that of y equal to 4 , is the consumer in equilibrium? Give reason what will a rational comsumer do in this situation? Use utility analysis

Posted by Arshpreet Sandhu 7 years, 8 months ago

CBSE > Class 12 > Economics

1 answers

Deepesh J 7 years, 8 months ago

No,the consumer is not at equilibrium. As, MUx/PX>MUy/Py So to maximise his satisfaction of r to be at equilibrium a rational consumer will increase consumption of good x and decrease consumption of good y.

1Thank You

ANSWER

The value of MPC is 0.6and initial income in the economy is₹100 crores. Prepare a schedule showing Income, Consumption and Saving.Also show the equilibrium level of income by assuming autonomous investment of ₹80 crores.

Posted by Sneha Raturi 7 years, 8 months ago

CBSE > Class 12 > Economics