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Greenhouse effect is caused by___ .

When the price of a good rises from Rs. 8 per unit to Rs. 10 per unit, the producer supplies 40 more units. Price elasticity of supply is 2. What is the quantity supplied before the price change? Calculate.

Use the table given to answer the question that follows. For which country has the ‘Latest Consumer prices’ shown the maximum percentage increase as compared to same period, an year ago.

How does an increase in the price of a substitute good affect the equilibrium price of a good? Illustrate with a diagram.

At a price of INR 2,990.95, the manufacturer of a portable gas-powered generator is willing to produce 19,000 units per quarter. At a price of INR 3,490.95, it is likely that the manufacturer will be willing to produce

Rig Veda has also emphasized on the importance of Panch Tatva (five elements) namely Prithivi (earth), Pavan (air), Jal (water), Tej (solar energy), and Nabh (sky) and has maintained that the entire life systems on earth are based on harmonious functioning of these five elements. Therefore, sustainable use of these natural elements has been consistently advocated in all ancient Indian Scriptures like the Rig Veda, Manu Smriti, Yagyavalkya Smriti, etc. It has, time and again, been emphasized in these scriptures that man should use these heavenly gifts in such a way that no long-term damage is caused to them. The energies and benefits derived proportionately from these five elements will only sustain life and preserve mother earth. Any disproportionate exploitation of these energies will cause pollution and will promote selfishness, instincts of violence, jealousy—inimical to development. And this is precisely what has happened during the last hundred years and has disturbed the natural equilibrium.

My views on this issue were further inspired by Mahatma Gandhi's concept of trusteeship which was basically propounded in the colonial context. This concept exhorted the rich to use their wealth only for fulfilling the right to an honourable livelihood no better than that enjoyed by millions of others. The rest of the wealth should belong to the community and must be used for the welfare of the community. To apply the concept of trusteeship in the context of climate change. I firmly believe that our present generation should act as trustees for the wealth of nature and should use it only in a sustainable way so that it can also be enjoyed by many generations to come. Mahatma Gandhi was absolutely right when he said that everything belonged to God and was from God and hence no individual is entitled to more than his proportionate portion and therefore he became a trustee of the rest of proportion for God's people. Unfortunately, the reckless destruction of ecological harmony has heightened the responsibility of our generation and specially those living in the developed world to act as trustees in the real sense of the term for future generations. Therefore ethics, and equity in my view are at the core of debate on climate change

Q34. Gandhian doctrine of trusteeship implies that

1. The rich should lead life like other citizens Who are not wealthy.

2. Everything belongs to God.

3. The rich should distribute money to the poor.

4. The state should pass a law ensuring distributive justice.

Social surplus is maximized in case of _______.

Which of these terms are part of economists' language?

Explain why a production possibilities curve is concave.

What does price elasticity of supply mean? How do we measure it?

Discuss the three main economic activities.

Which of the can be referred to as 'Point of satiety"?
(i) Marginal Utility is negative (ii) Marginal utility is zero
(iii) Total Utility is rising (iv) Total Utility is falling

Price elasticity of supply for a commodity is 5. When price of the commodity rises from Rs. 9 per unit to Rs. 10 per unit, supply rises by 25 units. Calculate quantity supplied at Rs. 9 per unit.

The slope of the TC curve gives

Define sole proprietorship.

When TP increases at an increasing rate, MP will ___

What is meant by Price Floor? Discuss in brief, any one consequence of imposition of floor price above equilibrium price with help of a diagram.
Or
How is the price of a commodity determined in a perfectly competitive market?
Explain with help of a diagram.

If we multiply the x and y coordinates of any point on the AFC curve, we get

What is the author’s main objective in writing the passage?

(A) To urge emerging economies to deal with growth, which can be disruptive, maturely and without conflict.
(B) To point out that while the period of growth of BRICS was disruptive this disruption has almost come to a close.
(C) To criticise advanced economies for their handling of growth and promoting competition and conflict in certain regions.

Study the following graph carefully and answer the questions that follow.

Q48. The average of the GDP growth rate of China from 2008 to 2010 is:

If some technological advancement is made, the economy’s production possibility curve shifts in which direction?

Which of the following is not true of the Regional Rural Banks (RRBs)?

The phenomenon of increased differences in wealth between the rich and poor countries which started around 1800 is called ___

Which of the following products would a customer keep on buying even if there is a sudden increase in price?

Which one of the following is a measure to control air pollution in vehicles?

Giving reasons, distinguish between the behaviour of demand curves of firms under perfect competition and monopolistic competition.

Study the following graph carefully and answer the questions given below it

Q13. The expenditure of company B in 1996 and 1997 is 12 lakh and 14.5 lakh, respectively. What was the total income of the company B in 1996 and 1997 together?

In the given question, a part of a sentence is printed in bold. Below each sentence, some phrases are given which can substitute the bold part of the sentence. Find out the phrase which can correctly substitute that part of the sentence. If the sentence is correct as it is, mark the answer as 'No correction required' or 'No Improvement'.

Realising the significance of technical education for developing a country, the government laid aside a large sum for it during the last plan-period.

The presence of solid, liquid or gaseous compounds, which may not be normally present, or in excess concentration in the atmosphere is called ___ .

____ and ____ are the twin pillars on which rests the edifice of social sector reforms.

What do you mean by discretionary responsibility?

What is the profit maximization rule for monopolistic competition?

State any four institutions working for the benefit of the small scale industries.

Which of the following refers to a mechanism or an arrangement that facilitates contact between the buyers and sellers for the sale and purchase of goods and services?

Study the supply curve given below and answer the following question.

At what price is the producer surplus equal to $2?

This question is followed by a set of answer choices and more than one choice may be correct. Type the correct answer choice(s) in the box below. For example, if the correct choices are A and C, then type in AC in the box (in capitals, in alphabetical order and without spaces between the alphabets).

The amount of time it takes for most of a worker's occupational knowledge and skills to become obsolete has been declining because of the introduction of advanced manufacturing technology (AMT). Given the rate at which AMT is currently being introduced in manufacturing, the average worker's old skills become obsolete and new skills are required within as little as five years.

Which of the following plans, if feasible, would allow a company to prepare most effectively for the rapid obsolescence of skills described above?

A.The company will develop a program to offer selected employees the opportunity to receive training six years after they were originally hired.

B.The company will increase its investment in AMT every year for a period of at least five years.

C.The company will periodically survey its employees to determine how the introduction of AMT has affected them.

D.Before the introduction of AMT, the company will institute an educational program to inform its employees of the probable consequences of the introduction of AMT.

State two features of resources that give rise to an economic problem.

What is Receipt and Payment Account? How is it different from the Income and Expenditure account?

State and explain a few features about perfect competition.

At the break-even point, the producer surplus is ___

Q66. Global Human Capital Index is released by:

What provides the restoring force for SHM in case of column of mercury in U-tube?

A consumer consumes only two goods X and Y. Explain the conditions of consumer's equilibrium using marginal utility analysis.

The "fate” highlighted is the fate of:

For a monopoly firm, MR = 50 -5q. At what output level is the TR maximum?

The industries which provide support services to other industries are known as :

Define marginal revenue. State the relation between marginal revenue and average revenue when a firm :

(i) is able to sell more quantity of output at the same price.

(ii) is able to sell more quantity of output only by lowering the price.

State the law of demand.

The author's conclusion about the most 'creative cities' in the US (paragraph 6) are based on his assumption that

In India, the balance of payments has