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why price is always kept in y axis or vertical axis?

Posted by Rahul Jain 7 years, 10 months ago

CBSE > Class 12 > Economics

1 answers

R R 7 years, 10 months ago

Because it is independent variable

ANSWER

What is difference b/w marginal opportunity cost and opportunity cost

Posted by Vinay Sagar 7 years, 10 months ago

CBSE > Class 12 > Economics

1 answers

Arushi Gupta 7 years, 10 months ago

Opportunity cost is the next best alternative foregone MOC is the slope of PPC

ANSWER

What is significance of 45° line ?

Posted by Chhavi Rathi 7 years, 10 months ago

CBSE > Class 12 > Economics

3 answers

Divya Dhariwal 7 years, 10 months ago

It is also known as line of reference

R R 7 years, 10 months ago

It is at a equal distance from x and y axis at all points

Its Umang Bnsl 7 years, 10 months ago

1-It tells us that consumption is equal to greater or less than national income

ANSWER

All formula micro and macro

Posted by Love Preet Singh 7 years, 10 months ago

CBSE > Class 12 > Economics

0 answers

ANSWER

Goverment budget

Posted by Sahil Shivdasani 7 years, 10 months ago

CBSE > Class 12 > Economics

1 answers

Anju Saini 7 years, 10 months ago

Govt budget is a statement of estimates of govt receipts and govt expenditure during the period of financial year

ANSWER

totat expenditure method is in syllabus?

Posted by Zainab Soni 7 years, 10 months ago

CBSE > Class 12 > Economics

4 answers

Sunaina Bahiwal 7 years, 10 months ago

Yes

Aman Roy 7 years, 10 months ago

No theory but numerical is there

Gayatri Parashar 7 years, 10 months ago

Only percentage method is included

Shivani Nagar 7 years, 10 months ago

No

ANSWER

Why low value of assets does not include in capital goods like nuts and bolts

Posted by Manjeet Birhman 7 years, 10 months ago

CBSE > Class 12 > Economics

1 answers

R R 7 years, 10 months ago

Inse na toh assets pr aur na hi liabilities pr koi farak padta h

ANSWER

Visible goods?

Posted by Vivek Mishra 7 years, 10 months ago

CBSE > Class 12 > Economics

3 answers

Ankit Siwach 7 years, 10 months ago

Visible goods can be seen,touch and feel is known as visible goods.

Shivani Nagar 7 years, 10 months ago

These are tangible as well as seen crossing the borders like pants and machinery..

R R 7 years, 10 months ago

Visible goods are actual goods like machinery or something while invisible goods are services

ANSWER

What is the behaviour of average cost curve in short period?

Posted by Gaurav Dutt 7 years, 10 months ago

CBSE > Class 12 > Economics

1 answers

Shivani Nagar 7 years, 10 months ago

AC curve is less elastic in short run because of single or one plant whereas in long run AC curve is more elastic because of many plants..

ANSWER

Conditions of two commodity utility approach

Posted by Shabnam Ansari 7 years, 10 months ago

CBSE > Class 12 > Economics

1 answers

Nikita Sarangi 7 years, 10 months ago

MUx/MUy=Px/Py

ANSWER

Are the steps in national income important according to exam point of view?

Posted by R R 7 years, 10 months ago

CBSE > Class 12 > Economics

2 answers

Lakshay Verma 7 years, 10 months ago

Yes this is very scoring chapter

Kia Ahuja 7 years, 10 months ago

Yes

ANSWER

Precautions of national income while calculating income method

Posted by Anmol Preet 7 years, 10 months ago

CBSE > Class 12 > Economics

1 answers

Nikita Sarangi 7 years, 10 months ago

Avoid unilateral payments Aviod second hand goods Aviod wind fall gains,etc.

ANSWER

Why is the significance of 45 degree line by Keynesian?

Posted by Abhay Rajput 7 years, 10 months ago

CBSE > Class 12 > Economics

1 answers

Prathvi Sharma 7 years, 10 months ago

45 degree line is not the real aggregate supply line , actually 45 degree line simplifies our analysis .

ANSWER

which firm need selling cost

Posted by Neha Sharma 7 years, 10 months ago

CBSE > Class 12 > Economics

1 answers

Shivani Nagar 7 years, 10 months ago

Monopolistic and oligopoly

ANSWER

What is the difference between voluntary transfers and forced transfers

Posted by Nidhi Sharma 7 years, 10 months ago

CBSE > Class 12 > Economics

0 answers

ANSWER

What is aditional equation of saving function

Posted by Dev Arora 7 years, 10 months ago

CBSE > Class 12 > Economics

1 answers

Aishwarya B 7 years, 10 months ago

S=Y-C

ANSWER

What is open market operation

Posted by Raj Venia 7 years, 10 months ago

CBSE > Class 12 > Economics

1 answers

Anshul Agarwal 7 years, 10 months ago

It refers to a situation where the central bank sell and purchase the securities of the govt. to or from the public and commercial banks.

ANSWER

Define suply scedule

Posted by Harman Singh 7 years, 10 months ago

CBSE > Class 12 > Economics

2 answers

Nikita Sarangi 7 years, 10 months ago

It is a tabular representation of various quantity supplied by the producer

Aishwarya B 7 years, 10 months ago

A supply schedule is a table which lists the possible prices for a good and service and the associated quantity supplied.

ANSWER

Consumer's equilibrium with equi marginal utility analysis

Posted by Kamal Sharma 7 years, 10 months ago

CBSE > Class 12 > Economics

1 answers

Nikita Sarangi 7 years, 10 months ago

Law of equi marginal utility operates in two commotity case of equilibrium where mux/muy=px/py

ANSWER

Differnce between demamd and quantuty demand

Posted by Diksha Rakhola 7 years, 10 months ago

CBSE > Class 12 > Economics

1 answers

Nikita Sarangi 7 years, 10 months ago

Demand is non price specific where as quantity demand is price specific

ANSWER

Define a supply schedule

Posted by Sahil Sethi 7 years, 10 months ago

CBSE > Class 12 > Economics

1 answers

Nikhil Verma 7 years, 10 months ago

Yytt77

ANSWER

Birth Rate and Death Rate Stock or Flow?

Posted by Himir Balana 7 years, 10 months ago

CBSE > Class 12 > Economics

1 answers

Nikita Sarangi 7 years, 10 months ago

Flow as they are calculated in a period of time

ANSWER

Rate cut might not be imminent as per rbi why rbi is not ready to cut rates write your opinion

Posted by Nivedita Rai 7 years, 10 months ago

CBSE > Class 12 > Economics

0 answers

ANSWER

Market of a commodity is in equilibrium if demand for the commodity increase.explain the chain of effects of this market again reaches equblirum,use diagram

Posted by Dev Narnoliya 7 years, 10 months ago

CBSE > Class 12 > Economics

1 answers

Bhavya Singh 7 years, 10 months ago

Situation of excess demand

ANSWER

How much additional income will be generated in an economy with an additional investment of ₹100 crores and when half of increase in income is spent on consumption?

Posted by Pritesh Agrawal 7 years, 10 months ago

CBSE > Class 12 > Economics

1 answers

Dhairya Gupta 7 years, 10 months ago

If half of the increase in income is spent on consumption this means that MPC =0.5 Value of multiplier=1/1-MPc Then apply change in income=value of multiplier X change in investment

ANSWER

How rising portion of marginal cost curve over and above minimum average variable cost curve in supply curve ?????

Posted by Chetna Shukla 7 years, 10 months ago

CBSE > Class 12 > Economics

4 answers

Dhairya Gupta 7 years, 10 months ago

I can give you only rough idea suppose we are talking about a firm in perfect competition so to survive in short run it must cover it AVC so the firm will supply at that level where MR touches touches Mc and AVC ie at equilibrium output(MR =MC). Now suppose MR increases AVC and Mc remaining same. Now the producer will again supply at that level where (Mc=MR) and this process will continue forming a supply curve.

Dhairya Gupta 7 years, 10 months ago

Sorry the question was correct

Dhairya Gupta 7 years, 10 months ago

And it not marginal cost it's marginal revenue curve

Dhairya Gupta 7 years, 10 months ago

This question can be explained only through diagram so u can refer sanjeev garg (power booster) or exam idea

ANSWER

explain ghe numericals of price elasticity ogf demand

Posted by Simran Heera 7 years, 10 months ago

CBSE > Class 12 > Economics

0 answers

ANSWER

How to get from net capital formation to gross capital formation

Posted by Adhithya Singh 7 years, 10 months ago

CBSE > Class 12 > Economics

1 answers

Chhavi Rathi 7 years, 10 months ago

Net capital formation + Depreciation = Gross Capital formation

ANSWER

Indifference curve equilibrium analysis explain

Posted by Musharraf Parwaiz 7 years, 10 months ago

CBSE > Class 12 > Economics

1 answers

Davinderpal Singh 7 years, 10 months ago

It is set of those two goods which offers the consumer same level of satisfaction.

ANSWER

Monopoly

Posted by Prasanjit Baidya 7 years, 10 months ago

CBSE > Class 12 > Economics

4 answers

Ankit Siwach 7 years, 10 months ago

Jisme ek bechne wala aur karedne wale bot sare

Davinderpal Singh 7 years, 10 months ago

it is market in which there is a single seller of the product with no close subsitute.

Chhavi Rathi 7 years, 10 months ago

It is a situation in which thereis single seller and large no.of buyers present in the economy selling goods of no close substitutes available

Musharraf Parwaiz 7 years, 10 months ago

Single seller in the market

ANSWER

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