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Explain the role the government can play through the budget in influencing allocation of resources ?

Posted by Raman Raman 7 years, 11 months ago

1 answers

Anjali Yadav 7 years, 11 months ago

Allocation of resources means thoes resources use for those types good which are harmful for health so these resources use in those good which are good for health

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ANSWER

When MP Decreases what will happen with TP

Posted by Rahul Jain 7 years, 11 months ago

CBSE > Class 12 > Economics

3 answers

Anjali Yadav 7 years, 11 months ago

(1)When mp zero Tp is maximum (2 ) Mp increase Tp increase at increaseing rate (3 ) Mp negative Tp start falling ( 4) Mp decreases Tp increase at decreaseing rate

1Thank You

Naveen Kumar 7 years, 11 months ago

Mp decrease to increase tp +mp =tp

1Thank You

Keerthi Jain 7 years, 11 months ago

1)When mp decreases but is positive- tp increases in an decreasing rate 2)when mp is zero tp is at maximum 3)when mp falls n is negative-tp starts falling

3Thank You

ANSWER

Colusive and non colusive oligopoly define

Posted by Anjali Bansal 7 years, 11 months ago

CBSE > Class 12 > Economics

2 answers

Mikun Mk 7 years, 11 months ago

Non collusive oligopoly- when firms donot cooperate with each other in order to compete with each other

1Thank You

Mikun Mk 7 years, 11 months ago

Collusive oligopoly- when two or more big firms joins together by forming an agreement called cartel to avoid competition.

1Thank You

ANSWER

Ice cream sales for Rs.20.Mohini who like ice cream already consume 4.Her marginal utility of 1Re is 4.Should she consume more ice cream or stop the consumption to maintain equilibrium?

Posted by Akshita Jain 7 years, 11 months ago

CBSE > Class 12 > Economics

2 answers

Mikun Mk 7 years, 11 months ago

According to consumer equilibrium in case of one commodity MUx = Px. Here Px is Rs.20 and MUx is 16 utils (4×4). Thus she should consume one more ice cream in order to gain 4 utils more so that she would attain equilibrium.

1Thank You

Rahul Jain 7 years, 11 months ago

1Re means??

0Thank You

ANSWER

Explain returns to scale?

Posted by Rahul Jain 7 years, 11 months ago

CBSE > Class 12 > Economics

2 answers

Gayatri Parashar 7 years, 11 months ago

We have returns to factor in our syllabus not return to scale.

0Thank You

Anmol Chauhan 7 years, 11 months ago

Nt in syllabus

0Thank You

ANSWER

Please give me the MC and MR relationship.

Posted by Pranjal Srivastava 7 years, 11 months ago

CBSE > Class 12 > Economics

3 answers

Anmol Chauhan 7 years, 11 months ago

1)Mc=Mr,2)mc should be greater than mr after mr=mc

0Thank You

Anjali Yadav 7 years, 11 months ago

1) MC=MR 2) MC greater than MR

0Thank You

Mikun Mk 7 years, 11 months ago

There is no such relationship in course.

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ANSWER

What is demonetisation

Posted by Nong Paron 7 years, 11 months ago

CBSE > Class 12 > Economics

2 answers

Gayatri Parashar 7 years, 11 months ago

Demonetisation is the withdrawal of the currency from the circulation

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Keerthi Jain 7 years, 11 months ago

Demonetisation is an act of stripping of the current currency as a legal tender

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ANSWER

When income of consumer changes.it affects price of x good or not

Posted by Anmol Midha 7 years, 11 months ago

CBSE > Class 12 > Economics

5 answers

Anjali Yadav 7 years, 11 months ago

0Thank You

Anjali Yadav 7 years, 11 months ago

No.

0Thank You

Pranjal Srivastava 7 years, 11 months ago

No.

2Thank You

Pranjal Srivastava 7 years, 11 months ago

1Thank You

Apurva Choubey 7 years, 11 months ago

1Thank You

ANSWER

Tax rates in higher income group have been increased. Which economic value does it reflect? Explain.

Posted by Reema Gadhiya 7 years, 11 months ago

CBSE > Class 12 > Economics

1 answers

Md Kashif 7 years, 11 months ago

Equality

2Thank You

ANSWER

Economic practical m kya puch skte h??

Posted by Tanya Goyal 7 years, 11 months ago

CBSE > Class 12 > Economics

3 answers

Anmol Midha 7 years, 11 months ago

My first question was "what is economic" And then external started listening related to the file...

1Thank You

Sarika Agarwal 7 years, 11 months ago

Maybe projects se related??

1Thank You

Anjali Yadav 7 years, 11 months ago

No idea??????

1Thank You

ANSWER

What are the objectives of theory of production?

Posted by Aradhna Gaur 7 years, 11 months ago

CBSE > Class 12 > Economics

1 answers

Anjali Yadav 7 years, 11 months ago

Don't no?????????

0Thank You

ANSWER

What is difference between real GDP and nominal GDP

Posted by Gaurav Yadav 7 years, 11 months ago

CBSE > Class 12 > Economics

2 answers

Mikun Mk 7 years, 11 months ago

Also nominal GDP is better than Real GDP as it truly reflects the growth of an economy

1Thank You

Mikun Mk 7 years, 11 months ago

Real GDP is valued at constant prices while Nominal GDP is valued at current prices

1Thank You

ANSWER

How does giving incentives for exports influence foreign exchange rate ? Explain

Posted by Anjali Yadav 7 years, 11 months ago

CBSE > Class 12 > Economics

1 answers

Mikun Mk 7 years, 11 months ago

Giving incentives to export will increase the supply of foreign currency in domestic currency. As a result exchange rate will fall.

2Thank You

ANSWER

Explain any two causes of a rightward shift in supply curve

Posted by Anjali Yadav 7 years, 11 months ago

CBSE > Class 12 > Economics

2 answers

Anjali Yadav 7 years, 11 months ago

Buy please explain full

1Thank You

Anmol Gupta 7 years, 11 months ago

Reduction in cost of input and subsidy policy

1Thank You

ANSWER

Hdi important topic

Posted by Anshika Gupta 7 years, 11 months ago

CBSE > Class 12 > Economics

2 answers

Anjali Yadav 7 years, 11 months ago

What is your opinion for hdi

0Thank You

Anjali Yadav 7 years, 11 months ago

Yes

0Thank You

ANSWER

Hdi important

Posted by Anshika Gupta 7 years, 11 months ago

CBSE > Class 12 > Economics

4 answers

Anjali Yadav 7 years, 11 months ago

Hindi

0Thank You

Md Kashif 7 years, 11 months ago

Human development index

0Thank You

Mimansha Rawat 7 years, 11 months ago

1Thank You

Mimansha Rawat 7 years, 11 months ago

What is hdi

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ANSWER

Why PPC is also known as "Opportunity Cost Curve" ?

Posted by Mikun Mk 7 years, 11 months ago

CBSE > Class 12 > Economics

4 answers

Mikun Mk 7 years, 11 months ago

Thankyou everyone :)

1Thank You

Anjali Yadav 7 years, 11 months ago

Beacuse it is gain more of one good we need to sacrifice the other so PPC called opc

1Thank You

Mimansha Rawat 7 years, 11 months ago

It is because to gain more of one good we need to sacrifice the other

2Thank You

Akansha Ahuja 7 years, 11 months ago

Ppc is also known as opportunity cost curve because for producing output of good-2 we sacrifice the output of good-1

1Thank You

ANSWER

How economic cost is also known as a opprunity cost?

Posted by Ruhus Saba 7 years, 11 months ago

CBSE > Class 12 > Economics

1 answers

Anjali Yadav 7 years, 11 months ago

No idea??????

0Thank You

ANSWER

Is smuggling included in national income??

Posted by Jai Agarwal 7 years, 11 months ago

CBSE > Class 12 > Economics

7 answers

Rahul Jain 7 years, 11 months ago

Illegal activities never included in national income

0Thank You

Anjali Yadav 7 years, 11 months ago

Haah??? no way

0Thank You

Mimansha Rawat 7 years, 11 months ago

0Thank You

Akansha Ahuja 7 years, 11 months ago

0Thank You

Deepika Dhankar 7 years, 11 months ago

I think no bcoz proper data is not available with the govt

0Thank You

Yas S 7 years, 11 months ago

2Thank You

Mikun Mk 7 years, 11 months ago

Haha.. No! ?

2Thank You

ANSWER

What is perfect competition market?

Posted by Mayank Jain 7 years, 11 months ago

CBSE > Class 12 > Economics

4 answers

Anjali Yadav 7 years, 11 months ago

Perfect competition market refer to the market where large no of buyers and sellers selling homogeneous product and there is no restriction to entry or exit

0Thank You

Mimansha Rawat 7 years, 11 months ago

Ritu 's answer is up to the point

0Thank You

Ritu Rajak 7 years, 11 months ago

Perfect competition it is a market where there are large number of buyer and seller selling identical product and uniform price and free exist of firm...

5Thank You

Mikun Mk 7 years, 11 months ago

It refers to tjat competition where there are large no. Of buyers and sellers dealing with the products having fixed price

1Thank You

ANSWER

What is market?

Posted by Reema Gadhiya 7 years, 11 months ago

CBSE > Class 12 > Economics

3 answers

Mimansha Rawat 7 years, 11 months ago

The place where buying and selling of goods takes place is commonly termed as market

1Thank You

Akansha Ahuja 7 years, 11 months ago

Market refers to a mechanism where the buyers and sellers come in contact with each other

0Thank You

Ritu Rajak 7 years, 11 months ago

Market is palace where buyer and seller meet and conduct buying and selling activities...

2Thank You

ANSWER

What is oligopoly mkt

Posted by Rohit Gujjar 7 years, 11 months ago

CBSE > Class 12 > Economics

1 answers

Mikun Mk 7 years, 11 months ago

It refers to that market where there are few big firms dealing with differentiated products

2Thank You

ANSWER

Price elasticity of demand

Posted by Bhavik Aneja 7 years, 11 months ago

CBSE > Class 12 > Economics

2 answers

Anjali Yadav 7 years, 11 months ago

???

0Thank You

Mikun Mk 7 years, 11 months ago

It refers to degree of responsiveness of demand with reference to change in price of commodity.

1Thank You

ANSWER

Difference between Price celling and price floor

Posted by Priyanshu Dabas 7 years, 11 months ago

CBSE > Class 12 > Economics

4 answers

Anjali Yadav 7 years, 11 months ago

Price celling means maximum price fixed by govt and price floor means minimum price fixed by govt

0Thank You

Mimansha Rawat 7 years, 11 months ago

Price ceiling lies below the equilibrium level and price floor lies above the equilibrium level

0Thank You

Mikun Mk 7 years, 11 months ago

Price ceiling is the fixation of maximum price lower than equilibrium price for a commodity by the government. Price floor is the fixation of minimum price more than equilibrium price which the producer must be paid for its produce.

1Thank You

Harshika Singh 7 years, 11 months ago

Price celling is the highest price of goods where as price floor is the lowest price of goods.

1Thank You

ANSWER

A producer supplies 80 units of goods at price 10 rupees per unit price elasticity of supply is 4 how many supply 9rupees per unit

Posted by Kunal Kumar 7 years, 11 months ago

CBSE > Class 12 > Economics

7 answers

Deepika Dhankar 7 years, 11 months ago

ES= ∆Q÷∆p×p÷q now 4= ∆q ÷ 1×10÷80 so ∆Q is 32 now new qty is Q+ ∆Q= 80+32= 112

0Thank You

Rishabh Gill 7 years, 11 months ago

Change in qty supplied/into 10/80= -32 -32=-80-cgange in qty. Supplied,=48

0Thank You

Rishabh Gill 7 years, 11 months ago

48 is correct answer sorry - sign ignors when it is given in question

0Thank You

Rishabh Gill 7 years, 11 months ago

How 48 ?? Bro we ignors - sign in elasticity

0Thank You

Mikun Mk 7 years, 11 months ago

@kunalkumar how?

1Thank You

Kunal Kumar 7 years, 11 months ago

Its answer is 48 but this is not solved by me

3Thank You

Rishabh Gill 7 years, 11 months ago

112

2Thank You

ANSWER

How os price elasticity of demand of a commodity is affected by the number of its substitutes

Posted by Rohit Dugar 7 years, 11 months ago

CBSE > Class 12 > Economics

1 answers

Mikun Mk 7 years, 11 months ago

Price elasticity of demand will be more elastic (ed>1) due to existence of large no. Of substitutes this is because if the price of one commodity increases consumer will have choice to buy another commodity. Eventually change in demand is less than change in price and ed will greater than one.

1Thank You

ANSWER

Effect on ppc of demonisation

Posted by Vibhu Singhal 7 years, 11 months ago

CBSE > Class 12 > Economics

4 answers

Mahak Singhal 7 years, 11 months ago

It's production curve and due to demonitisation there will be no effect on ppc as payments were made through online system not by cash .

1Thank You

Deepika Dhankar 7 years, 11 months ago

Point will work inside ppc as due to demonization unemployment increase to it will lead to underutilisation of resources but for a short period of time

0Thank You

Mikun Mk 7 years, 11 months ago

As effect to demonetisation, some of the resources were left idle n therefore ppc will lie somewhere inside the curve

1Thank You

Mahak Singhal 7 years, 11 months ago

On ppc

3Thank You

ANSWER

Taking care of aged parents - should it be included in national income? Give reason.

Posted by Prakhar Maheshwari 7 years, 11 months ago

CBSE > Class 12 > Economics