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Under the MP curev, can have the TV curve

Posted by Md Mehrban 7 years, 10 months ago

CBSE > Class 12 > Economics

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what is market price

Posted by Sonali Sharma 7 years, 10 months ago

CBSE > Class 12 > Economics

1 answers

Chelsie Cullen 7 years, 10 months ago

Market price is the rate at which the goods are sold in the market ( market price= Book value + profit )

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What kind of goods can have Ed=1?

Posted by Krishna Agrawal 7 years, 10 months ago

CBSE > Class 12 > Economics

1 answers

H H 7 years, 10 months ago

Normal goods

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Income method comes in board exam

Posted by Nishu K 7 years, 10 months ago

CBSE > Class 12 > Economics

1 answers

Sneha Dutta 7 years, 10 months ago

Yes

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ANSWER

Explain lender of the last resort

Posted by Kunal Khandelwal 7 years, 10 months ago

CBSE > Class 12 > Economics

2 answers

Anamika Singh 7 years, 10 months ago

When commercial bank failed to meet their financial requirements they approach to the central bank to give loans and advances against approved securities and bills of exchange as lender of last resort.

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Insha Fatima 7 years, 10 months ago

Central bank act as a lender of last resort that means it a last option from where we can avail loans

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What ismoney creation process

Posted by Anjali Sharma 7 years, 10 months ago

CBSE > Class 12 > Economics

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What do you mean by money creatiin?

Posted by Pooja Choudhary 7 years, 10 months ago

CBSE > Class 12 > Economics

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Why should TVC increase at decreasing rate and then at increasing rate?what 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

Like in the first phase output increases at increasing rate so it is obvious that the cost will increase at decreasing rate. Now similarly in 2 and 3 phase output decreases due to inefficient coordination between fixed and variable factors which will cause a rise cost

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Annika Sharma 7 years, 10 months ago

But how it is related to law of variable proportion??

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Dhairya Gupta 7 years, 10 months ago

Due to law of variable proportion

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Why ppc is equal?

Posted by Sauhard Verma 7 years, 10 months ago

CBSE > Class 12 > Economics

0 answers

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eco sample paper2014and2010

Posted by Kiram Thakur 7 years, 10 months ago

CBSE > Class 12 > Economics

0 answers

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Is remittances by NRIs are helpful in tackling BoP deficit

Posted by Aayush Tiwari 7 years, 10 months ago

CBSE > Class 12 > Economics

0 answers

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Why is afc curve represented as rectangular hyperbola

Posted by Utkarsh Singh 7 years, 10 months ago

CBSE > Class 12 > Economics

2 answers

Anamika Singh 7 years, 10 months ago

Because..the area under the AFC is equal for all the rectangles form..and it nevers be 0

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Alka Verma 7 years, 10 months ago

because tfc can never be 0

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Examples of normal good

Posted by Rahul Jain 7 years, 10 months ago

CBSE > Class 12 > Economics

2 answers

Dhairya Gupta 7 years, 10 months ago

Best example is full cream milk and that of inferior good is toned milk

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Ankur V 7 years, 10 months ago

Maggi , chowmein, chawal , daal , sabzi

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Examples of inferior goods

Posted by Rahul Jain 7 years, 10 months ago

CBSE > Class 12 > Economics

2 answers

Ankur V 7 years, 10 months ago

bazaar me jo sadaa hua pyaaz milta hai na wo

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Rishabh Aggrawal 7 years, 10 months ago

Coarse grains and cloths

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Why the difference between AC and AVC falls when output increses?

Posted by Parul Kataria 7 years, 10 months ago

CBSE > Class 12 > Economics

3 answers

Aayush Tiwari 7 years, 10 months ago

Because AC - AVC = AFC & AFC falls also AFC never equal to zero that's why AC never equal to AVC

1Thank You

Rishabh Aggrawal 7 years, 10 months ago

Bcauz AFC is alaways fixed

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Lalita Gariya 7 years, 10 months ago

It happens because AFC can never be zero.

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Government ban the export of beef from India how will it affect the equilibrium price of beef in India?

Posted by Babita Gupta 7 years, 10 months ago

CBSE > Class 12 > Economics

2 answers

Aayush Tiwari 7 years, 10 months ago

As now the unwanted stock of beef increases so it will reduce its price

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Rishabh Aggrawal 7 years, 10 months ago

I think it would increase the equilibrium price as the demand for beef increases due to fall in its supply

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India acquires capital goods from Germany and Japan to achieve objective of modernization how will it affect the production possibility curve

Posted by Babita Gupta 7 years, 10 months ago

CBSE > Class 12 > Economics

1 answers

Rishabh Aggrawal 7 years, 10 months ago

I think it would led to forward shift in ppc curve as technology improves

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Budget 2017-18 government announces of cutting personal tax how will it affect the aggregate demand in the economy

Posted by Babita Gupta 7 years, 10 months ago

CBSE > Class 12 > Economics

1 answers

Rishabh Aggrawal 7 years, 10 months ago

Aggregate demand would rise as the flow of money in the economy rises

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ANSWER

What is Domestic Currency?

Posted by Shivam Saini 7 years, 10 months ago

CBSE > Class 12 > Economics

2 answers

Lakshay Verma 7 years, 10 months ago

Current currency who serculate in the market

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Ankur V 7 years, 10 months ago

Domestic currency is a normal currency of a particular country , domestic currency act as a medium for exchange for good and services within a geographical boundary of a country , only Central bank of a particular country has a right to isue domestic country

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Will MP of the labour remain constant for each and every additional unit of labour employed? if the ans. is no then give reason. Pls..

Posted by Annika Sharma 7 years, 10 months ago

CBSE > Class 12 > Economics

3 answers

Ankur V 7 years, 10 months ago

initially it will increase , but there may situation comes when it will starts to decline, and ultimately it will come to zero even negative ( Law of variable proportion)

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Annika Sharma 7 years, 10 months ago

But what was the reason ??

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Devanshi Gupta 7 years, 10 months ago

No it will not be constant but it would be increasing at a constant rate

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How is foreign exchange rate is determined in the market

Posted by Vivek Khatri 7 years, 10 months ago

CBSE > Class 12 > Economics

1 answers

Ankur V 7 years, 10 months ago

It is determined by the demand and supply of the foreign currency in the international money market . For example If the demand for $ is higher then it will impact the exchange rate at which domestic currency can be exchanged with foreign currency. the $ will be of more value in regards to Indian (Rs) 65 Rs = 1Us ($) Like wise if the demand for foreign currency ($) is less then the exhange rate for domestic currency will be lesser ( it means value of Rs will be higher comapared to the earlier for the( US Dollar$ ) 60Rs = 1Us ($)

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मुझे गर्लफ्रेंड मिलना उतना ही मुशकिल हे जितना, पुरानी फिल्मौं में गवाह का सही सलामत अदालत पँहुचना होता था ।। ��

Posted by Manjeet Birhman 7 years, 10 months ago

CBSE > Class 12 > Economics