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

<center>Final Goods</center>	Intermediate Goods
Final goods are those goods that are manufactured to be consumed directly by the consumer	Intermediate goods are referred to as those goods that are used for producing final goods
Final goods are finished goods	Intermediate goods are goods that are partly prepared and can be referred to as unfinished goods or partly finished goods
Final goods are available for consumption or can be used for capital formation	Intermediate goods are available for reselling by the firms for generating profit
Final goods are ready to be consumed and therefore do not require any further processing	Intermediate goods require further processing in order to be consumed
Final goods are considered to be a part of national income and have an impact on the national income	Intermediate goods are not included in the national income and therefore have no impact
Final goods have inherent demand or direct demand	Intermediate goods do not have natural demand and the demand is derived based on user preference

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Why TFC is constant

Posted by Aprajita Aprajita 7 years, 11 months ago

CBSE > Class 12 > Economics

1 answers

Harmanveer Kaur 7 years, 11 months ago

Because it is sum total of cost incurred on fixed factors which remains fixed for particular time period.

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How are equilibrium price and equilibrium quantity of a commodity affected when price of input used in its production changed

Posted by Shanaya Chauhan 7 years, 11 months ago

CBSE > Class 12 > Economics

1 answers

Naakul Mehta 7 years, 11 months ago

If price of input used in the production increases then this may lead to increase in the price of commodity produced and increase in price of a commodity leds to increase in market suppy and decrease in market demand which can affect the equilibrium price and equilibrium quantity...

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What does rightward shift of ppc indicate???

Posted by Sonam Tewatia 7 years, 11 months ago

CBSE > Class 12 > Economics

2 answers

Mitthu Singh 7 years, 11 months ago

Best uttilazation of resources and improvement in technology

3Thank You

Naakul Mehta 7 years, 11 months ago

Rightward shift of ppc indicates increase in resources and improvement in technologies

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Why does MC curve not slope downward at profit maximising output level.explain diagram atically

Posted by Vibha Thapar 7 years, 11 months ago

CBSE > Class 12 > Economics

0 answers

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all question

Posted by Pradeep Patra 7 years, 11 months ago

CBSE > Class 12 > Economics

0 answers

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Distinguish between final goods and intermediate goods

Posted by Akansh Singh 7 years, 11 months ago

CBSE > Class 12 > Economics

1 answers

Prachi Patidar 7 years, 11 months ago

Final goods are those which cross the boundary line of production and intermediate goods are those which does not cross the boundary line of production. But if intermediate goods are not processed within 1 year then they considered as final goods while estimating national income.

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What is the likely effect of Make in India scheme on foreign exchange rate?

Posted by Sakshi Jain 7 years, 11 months ago

CBSE > Class 12 > Economics

2 answers

Sakshi Jain 7 years, 11 months ago

Thanku

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Vibha Thapar 7 years, 11 months ago

The Make in India scheme launched by the prime minister is the import substitution scheme. The goods which were imported earlier from foreign markets were now to be produced in our own economy. Due to the launching of this scheme, there would be a significant cut down in imports. A fall in the amount of imports would cause Appreciation of domestic currency. The appreciation of domestic currency means increase in the value of dokestic currency in terms of foreign currency. Due to this appreciation, the current foreign exchange will tend to fall. Make in India sheme---》Less imports ---》 Appreciation of domestic currency---》 fall in foreign exchange rate.

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Indifference curve question

Posted by Raj Agarwal 7 years, 11 months ago

CBSE > Class 12 > Economics

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How is the market demand curve derived from individual demand curve

Posted by Sakshi Bhandari 7 years, 11 months ago

CBSE > Class 12 > Economics

1 answers

Vibha Thapar 7 years, 11 months ago

Market demand curve is the horizontal summation of the individual demand function. The individual demand is added and market demand os derived corresponding to different price levels. This gives us the market demand curve.

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Koi on h to meko plzz abhi btao k practical me RBI se related kya kya puch skte h

Posted by Himanshi Bharti 7 years, 11 months ago

CBSE > Class 12 > Economics

1 answers

Anhad Kaur 7 years, 11 months ago

My practical file was also on RBI. The invigilator asked me who issues 10 rupee note and who issues the 1 rupee note. Then he asked me to explain the banker to government and bankers bank function of RBI.

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How to differentiate between whether a item comes under national income or domestic income ? Example will be helpful

Posted by Anup Yadav 7 years, 11 months ago

CBSE > Class 12 > Economics

0 answers

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Giffen goods are inferior but inferior goods are not giffen

Posted by Shruti Goel 7 years, 11 months ago

CBSE > Class 12 > Economics

1 answers

Pooja Rawat 7 years, 11 months ago

Giffen goods are highly inferior goods.

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Is postive and normative economics hai ky syllabus me

Posted by H H 7 years, 11 months ago

CBSE > Class 12 > Economics

4 answers

Sakshi Jain 7 years, 11 months ago

H but it na jyada nhi

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Asfa Najam 7 years, 11 months ago

Its actually not there but they ask ...ncert naa that's why

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Mimansha Rawat 7 years, 11 months ago

Yes

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Himza Jangra 7 years, 11 months ago

Ni h

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if autonomous consumption is 220 and MPS is 0.4 & income is 1700 .what will be investment

Posted by Rinkal Arora 7 years, 11 months ago

CBSE > Class 12 > Economics

1 answers

Md Kashif 4 years, 9 months ago

460 will ne the investment

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Do we study about the topic of return to a scale in production function chapter

Posted by Amit Kumar 7 years, 11 months ago

CBSE > Class 12 > Economics

6 answers

Asfa Najam 7 years, 11 months ago

Obvio

0Thank You

Kusha Sharma 7 years, 11 months ago

But it is not in syllabus

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Mimansha Rawat 7 years, 11 months ago

Yehhhhh

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Rinkal Arora 7 years, 11 months ago

short run production function & long run production function

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Aditya Baranwal 7 years, 11 months ago

Yes it is an important topic

1Thank You

Amit Kumar 7 years, 11 months ago

.....

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How can i make project please mention it

Posted by Rahul Ranjan 7 years, 11 months ago

CBSE > Class 12 > Economics

1 answers

Asfa Najam 7 years, 11 months ago

Search on the internet there are various option

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Difference between demand and supply?

Posted by Nima Sherpa 4 years, 7 months ago

CBSE > Class 12 > Economics

1 answers

Sia ? 4 years, 7 months ago

BASIS FOR COMPARISON	DEMAND	SUPPLY
Meaning	Demand is the desire of a buyer and his/her ability to pay for a particular commodity at a specific price.	Supply is the quantity of a commodity which is made available by the producers to its consumers at a certain price.
Curve	Downward-sloping	Upward-sloping
Slope	<a href="https://keydifferences.com/wp-content/uploads/2020/10/demand-slope.jpg"></a>	<a href="https://keydifferences.com/wp-content/uploads/2020/10/supply-slope.jpg"></a>
Relationship with Price	Inverse Relationship	Direct Relationship
Represents	Customer	Firm
Effect of Variations	When the demand increases but supply remains constant, it leads to shortage but when the demand decreases and the supply is constant leads to surplus.	When the supply increases but demand remains constant, it leads to surplus but when the supply decreases and the demand is constant it results in shortage.
Determinants other than price	Taste and Preference	Price of the Resources and other inputs
Number of Consumers	Number of Producers
Price of Related Goods	Price of factors of production
Consumer Income	Taxes and Subsidies
Consumer Expectations	Technology

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What does a ppc show? When will it shift to the right?

Posted by Beena Mewara 7 years, 11 months ago

CBSE > Class 12 > Economics

1 answers

Utkarsh Tripathi 7 years, 11 months ago

1-ppc show the graphically representation of production possibility schedule .... or ppc shows the different possibility of production of any two goods 2-it shift to right when the technology update or upgrade which cause minimum cost on production with utilising optimum resources

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What are the questions asked on demonetization

Posted by Ayushi Sinha 7 years, 11 months ago

CBSE > Class 12 > Economics