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

Positive economics deal with what was what is and what should be and normative economics deals with the opinions of The Economist normative economics deals with what ought to be example of positive Economics is 21% of population is still below the poverty line example of normative Economics is old age pension should be stop it is just an opinion so it is normative economics

3Thank You

ANSWER

Write the diagram of law of variable proportion

Posted by Dev Arora 7 years, 10 months ago

CBSE > Class 12 > Economics

1 answers

Yashashshri Sharma 7 years, 10 months ago

As we employ more and more variable factor along with the fixed factors then - - 1=TP increases at increasing rate MP also increases (increasing returns to a factor) 2=TP increases at decreasing rate, MP falls(decreasing returns to a factor) 3=TP falls, MP become negative(negative return to factor)

0Thank You

ANSWER

Show that the sum of value added is equal to sum of factor income.

Posted by Yas S 7 years, 10 months ago

CBSE > Class 12 > Economics

0 answers

ANSWER

Why demonetization reduce credit creation??

Posted by Iqbal Kaur 7 years, 10 months ago

CBSE > Class 12 > Economics

0 answers

ANSWER

Kya aap logo ko excitment h exams ki

Posted by Elis Pandit 7 years, 10 months ago

CBSE > Class 12 > Economics

0 answers

ANSWER

How does supply curve shift to right due to technology?wht was the reason??

Posted by Annika Sharma 7 years, 10 months ago

CBSE > Class 12 > Economics

3 answers

Dhairya Gupta 7 years, 10 months ago

Also mew machinery will reduce the cost of production making production of a good more profitable rest will the same as ankur

0Thank You

Ankur V 7 years, 10 months ago

when the technology will increase it will increase the efficiency of machinery implies the new machinery can produce more of the good with same resources implies increase in supply

2Thank You

Sharan Sharandeep Kaur 7 years, 10 months ago

Improve technology

0Thank You

ANSWER

What is the meaning good of social distinction in exception to the law of supply??

Posted by Annika Sharma 7 years, 10 months ago

CBSE > Class 12 > Economics

0 answers

ANSWER

If the exchange rate of rupee rises in terms of dollars, what will be the impact on balance of trade

Posted by Indu Lekha 7 years, 10 months ago

CBSE > Class 12 > Economics

0 answers

ANSWER

Slope of straight line supply curve hamesha constant kyu hota hai?? kya ye hrr supply graph me constant hu ga?

Posted by Annika Sharma 7 years, 10 months ago

CBSE > Class 12 > Economics

1 answers

Dhairya Gupta 7 years, 10 months ago

In 12 we learn that slope is always constant but as my teacher says in college it's slope will be different it is just to simply our analysis

0Thank You

ANSWER

who follows commerce baba?

Posted by Zainab Soni 7 years, 10 months ago

CBSE > Class 12 > Economics

1 answers

Innocent Girl 7 years, 10 months ago

i folloe vommerce baby

0Thank You

ANSWER

What is minimum supply price of a commodity?

Posted by Annika Sharma 7 years, 10 months ago

CBSE > Class 12 > Economics

3 answers

Dhairya Gupta 7 years, 10 months ago

It is set less than the equilibrium price so that people could afford it but it lead to a suitation of excess demand which ultimately leads to black marketing because of long lines, availability of low quality goods and non availability of goods. the government use rationing system to cover excess demand

0Thank You

Yashashshri Sharma 7 years, 10 months ago

Refers to to minimum price fixed by the government that a producer can charge from the buyers for the sale of a commodity (price floor)

0Thank You

Arnavsingh Yadav 7 years, 10 months ago

Minimum supply price vil b equal to cost of its production

0Thank You

ANSWER

Difference b/w investment and gross investment

Posted by Sahil Sidhu 7 years, 10 months ago

CBSE > Class 12 > Economics

0 answers

ANSWER

Impact of ppc in an economy due to demonetisation?

Posted by Karthika A S 7 years, 10 months ago

CBSE > Class 12 > Economics

3 answers

Karthika A S 7 years, 10 months ago

But answer is no change in ppc

0Thank You

Sukhdeep Kaur Dhillon 7 years, 10 months ago

But if you thought for future than right ward shift

0Thank You

Sukhdeep Kaur Dhillon 7 years, 10 months ago

left ward shift

2Thank You

ANSWER

Guys tell me the difference b/w explicit and implicit cost Reply kro to plz hindi me batana nhi ek dam simple language me batana becoz ye ques. Mujhe book se samajh nhi aata

Posted by Elis Pandit 7 years, 10 months ago

CBSE > Class 12 > Economics

2 answers

Vaidehi Saraf 7 years, 10 months ago

When we take land on rent and paid this amount to the owner of land then it is explicit cost and when we use our own land for our work then this is implicit cost.

3Thank You

Karthika A S 7 years, 10 months ago

Explicit cost means money payment made by the firm to the owners of the various factors of production for their services Implicit cost means imputed value of inputs owned by the firm and used by it in its own production units

1Thank You

ANSWER

Explain non-monetary exchanges as a limitation of using gross domestic product as an index of welfare of a country.

Posted by Ritika Kashyap 7 years, 10 months ago

CBSE > Class 12 > Economics