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InterviewSolution
This section includes InterviewSolutions, each offering curated multiple-choice questions to sharpen your Class 11 knowledge and support exam preparation. Choose a topic below to get started.
| 1051. |
Define the scope of statistics? |
| Answer» | |
| 1052. |
What are the essential of a sample |
| Answer» Answer | |
| 1053. |
Disadvantages and advantages of close ended questions |
| Answer» | |
| 1054. |
What is labour intense technique ? |
| Answer» In which the labour is used more than the capital Work is done by the labour rather than machine Job opportunity given to labour | |
| 1055. |
Less than 10 more than 60 comulative frequency |
| Answer» Ans | |
| 1056. |
Chapter 1 ... nature purpose and scope of business pdf |
| Answer» | |
| 1057. |
Indian economy book |
| Answer» | |
| 1058. |
Industry policy in 1991 |
| Answer» | |
| 1059. |
What are the effects of decline of handicraft industry in india |
| Answer» | |
| 1060. |
Examples of areas of study of micro and macro economics |
| Answer» Microeconomics ex -when we study about the demand of a particular household Macroeconomics ex - when we study about the demand of a particular country | |
| 1061. |
Does a firm always earn profit when it is in equilibrium? |
| Answer» Yes | |
| 1062. |
How is a firm\'s profit measured? |
| Answer» | |
| 1063. |
19/38.50 × 100 |
| Answer» | |
| 1064. |
What iscontraction of demand |
| Answer» | |
| 1065. |
What is contraction of demand |
| Answer» | |
| 1066. |
Economics and eco |
| Answer» | |
| 1067. |
What is meant by economy |
| Answer» money related thingd is called economy | |
| 1068. |
Measurements are made to the nearest cm . sandeep garg 10.86 26 |
| Answer» | |
| 1069. |
Term 2 important question.? |
| Answer» | |
| 1070. |
If the sum of squares of item = 2430,x=7 n=2 find out cv |
| Answer» | |
| 1071. |
How to make practical file |
| Answer» | |
| 1072. |
DOES ANYONE KNOWS ECONOMICS PROJECT FOR TERM -2 ? IT WOULD BE GLAD TO KNOW YOUR RESPONSE. |
| Answer» Go to cbse economics syllabus for class 12 and download the pdf.<br>Don\'t know | |
| 1073. |
Bumper productuon |
| Answer» | |
| 1074. |
Explain the relationship between average cost and marginal cost |
| Answer» When AC Falls MC is lower than AC.When AC rises MC is higher than AC.MC cuts AC at its lowest | |
| 1075. |
Distinguish between change in supply and change in quantity supplies of a commodity use diagrams |
| Answer» Nikku007 my Instagram id let me know the answer there.. ☺ | |
| 1076. |
1 + 3 |
| Answer» 4 | |
| 1077. |
case study question of bank of baroda bst project |
| Answer» | |
| 1078. |
What is the supply curve of a firm in the long run |
| Answer» | |
| 1079. |
Notes on Cost Function |
| Answer» | |
| 1080. |
What is law of variable proportion explain with an example ? |
| Answer» If a producer increases the units of a variable factor while keeping other factors fixed, then initially the total product increases at an increasing rate, then it increases at a diminishing rate, and finally starts declining.” Previous. Fundamental Rights - Right to Freedom | |
| 1081. |
Standard deviations marks:12,8,17,13,15,9,18,11,6,1 |
| Answer» | |
| 1082. |
What is the difference between Consumer\'s demand curve and Firm\'s demand curve |
| Answer» Consumer D.C= This refers to the relationship between the Price and Quantity demanded by an individual consumer .Firm\'s D.C= Shows relationship b/w the price and Quantity demanded of a firm\'s output by various consumers in the market.Hope this is helpful!?? | |
| 1083. |
Which vaule of quarticis is know as p²5 |
| Answer» | |
| 1084. |
Producer behaviour and supply |
| Answer» Supply refer to the qty of a commodity supplied being supplied to a consumer at a given period of time<br>Supply refer to the qty of a commodity supplied being supplied to a consumer | |
| 1085. |
Producer |
| Answer» Producer produce good according to the need of consumer | |
| 1086. |
Case study on production possibility curve |
| Answer» | |
| 1087. |
What is variable proportion |
| Answer» The law of variable proportions states that as the. quantity of one factor is increased, keeping the other. factors fixed, the marginal product of that factor will. eventually decline.<br>Law of variable proportion state that if we increase qty of only one product then total. Product intially increase at increasing rate then at decreasing rate and finally at negative rate | |
| 1088. |
Bumper production is boon or bane for the farmer |
| Answer» Answer: A bumper crop is\xa0more of a boon than a bane to farmers. In most cases, a bumper crop is a boon to the farmers or a blessing.<br>Calculate standard deviations use direct method and actual mean method and cofficient of standard deviation from the following data on marks obtained by 6 students in a class test 14,12,16,20,18,22 | |
| 1089. |
Consumer awareness among household |
| Answer» | |
| 1090. |
Why should TVC increase at decreasing rate in the initial stage of production? |
| Answer» Because of law of variables proportion<br>Why | |
| 1091. |
What are the characteristics of a perfectly compititive market? |
| Answer» Perfect Competition: It is a market wherein there is a large number of buyers and sellers of a homogeneous product and the price of the product is determined by the industry. Firms are price takers in this form of market. There is one price that prevails in the market and all the firms sell the product at the prevailing price.\xa0Features of Perfectly Competitive Market:\tFree and Perfect Competition: In a perfect market, there are no checks either on the buyers or sellers. They are free to buy or to sell to any person. It means there are no monopolies.\tCheap and Efficient Transport and Communication: Uniform price for the commodity would not be possible if the changes in the prices are not quickly adjusted or the commodity cannot be quickly transported. Thus cheap and efficient means of transport and communication are a must.\tWide Extent: Sometimes a wide market is regarded as the same thing as the perfect market. For a wide market, the commodity should have permanent and universal demand. The commodity should be portable. Means of transport and communication should be quick. There should be peace and security and an extensive division of labour.\tA large number of firms: In this market, a product is produced and sold by a large number of firms. Since there is a large number of firms, therefore each firm is supplying only a small part of the total supply in the market, thus no one firm has any market power. It implies that no firm can influence the price of the product rather each must accept the price set by the forces of market demand and supply. The firms are price-takers instead of price-makers.\tA large number of buyers: In a perfectly competitive market, there are large numbers of buyers each demanding a small part of the total market supply of the product. As a result, no single buyer is in a position to influence the market price determined by the forces of market demand and supply.\tHomogeneous Product: In a perfectly competitive market, all the firms produce and supply the identical products. It means that the products of all the firms are perfect substitutes for each other. As a result of this, the price elasticity of demand for a firm’s product is infinite.\xa0\tFree entry and exit: In a perfectly competitive market, there are no restrictions on the entry of new firms into the market or on the exit of existing firms from the market. That\'s why firms in long run earn an only normal profit.\tPerfect knowledge: In a perfectly competitive market, the firms and the buyers possess perfect information about the market because the product is homogeneous in nature. It implies that no buyer or firm is ignorant about the price prevailing in the market. Buyers and Sellers have a perfect knowledge of the quantities of stock of goods in the market, the conditions of the market prices and at which transactions of sale or purchase are happening.\tPerfect mobility of factors of production: In a perfectly competitive market, the factors of production are completely mobile leading to factor-price equalization throughout the market. | |
| 1092. |
Calculate price index number by 3 methods |
| Answer» | |
| 1093. |
Effect on ppc due to GST graph and explanation |
| Answer» | |
| 1094. |
Please send me 11 class syllabus |
| Answer» | |
| 1095. |
Table numbe |
| Answer» | |
| 1096. |
Define median. What are its merits and demerits? |
| Answer» | |
| 1097. |
Explain how price is determined in a perfect competition market with fixed number of firm |
| Answer» | |
| 1098. |
Define diminishing return of factor |
| Answer» diminishing returns is the decrease in marginal (incremental) output of a production process as the amount of a single factor of production is incrementally increased, holding all other factors of production equal (ceteris paribus).<br>Diminishing return of factor refer to phrase in which total product increase at decreasing rate and marginal product fall | |
| 1099. |
Notes on theory of supply |
| Answer» | |
| 1100. |
What is the slope of demand curve like |
| Answer» Ask<br>Downward | |