InterviewSolution
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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.
| 1701. |
What are cartels |
| Answer» Same answer! | |
| 1702. |
the size of sample depends on |
| Answer» Which type of sample? | |
| 1703. |
What do you mean by utility? |
| Answer» Utility is the want satisfying power of a commodity<br>Want satisfying power of a commodity<br>Want satisfying power of a commodity<br>Satisfying power of commodity<br>The want satisfying capacity of a commodity | |
| 1704. |
Why afc curve is hyperpola |
| Answer» | |
| 1705. |
Difference b/w change in supply and change in quantity supplied |
| Answer» This is very long answer please search on google | |
| 1706. |
Demerits and merits of mode? |
| Answer» It is very easy and simple to calculate | |
| 1707. |
Merit and demerit of mode |
| Answer» It is not rigidly defined | |
| 1708. |
Merit and demerit of median |
| Answer» | |
| 1709. |
Mean deviation to median and mode |
| Answer» | |
| 1710. |
What is returns to factor and returns to scale? |
| Answer» | |
| 1711. |
Formulas of partition values |
| Answer» | |
| 1712. |
Purpose of a budget |
| Answer» Is a big deal | |
| 1713. |
When price falls with rise in output TR is when MR is 0 |
| Answer» | |
| 1714. |
mean deviation and standard deviation which measures the dispersion you will be perfect to use? |
| Answer» | |
| 1715. |
After every 10 years information regarding population of india is calculated through |
| Answer» Census of india collects the data and publishes it after every 10 years<br>Census of india | |
| 1716. |
Can the price of the commodity be zero |
| Answer» No<br>Never | |
| 1717. |
If demand is parallel to the Y axis what will be the nature of elasticity? |
| Answer» Inelastic<br>Downward sloping | |
| 1718. |
What do you mean by monopolistic competition? |
| Answer» monopolistic competition refers to market situation in which there are large number of firms which sell closely related but differentiated products .market of products like soap toothpaste AC are examples of monopolistic competition<br>Monopolistic competition is a market in which there are many buyers and sellers of the product but the product of each seller is different from that of the other. For example- toothpastes : colgate, close up,pepsodent etc . are all toothpastes but have different taste ,packagings , ingredients i.e., the product is differentiated.<br>Monopolistic competition is a market structure which combines elements of monopoly and competitive markets. | |
| 1719. |
How to calculate ogives |
| Answer» | |
| 1720. |
Who is father of economic...??.... |
| Answer» Adam Smith is considered as the Father of Economics.<br>Chanakya ? | |
| 1721. |
Class20 economics hindi |
| Answer» | |
| 1722. |
Define perfect monopolistic Competition .explain the various featureS of Imperfect Market form |
| Answer» | |
| 1723. |
Brifey explain the three distinct components of economic |
| Answer» The three distinct components of economics:(a) Production: It simply means creation of utility. Producer also have limited means while they have a variety of goods and services to choose from. The study of production explains that, as producer, how do they choose such combination, so that their revenue is maximized.(b) Consumption: It is the process of using up utility, value of goods and services for the direct-satisfaction of our wants. Human wants are unlimited and no one can satisfy his all wants fully because resources to satisfy them are limited. The study of consumption explains that as consumer, how people allocate their income on the purchases of different goods and services so that their satisfaction is maximized(c) Distribution: The study of distribution explains the economic principle on the basis of which income is distributed among the various factor of productions, how the national income arising from what has been produced in the country is distributed through wages and salaries, profits and interest. | |
| 1724. |
Verify explain the three distant its compound of economic |
| Answer» The three distinct components of economics:(a) Production: It simply means creation of utility. Producer also have limited means while they have a variety of goods and services to choose from. The study of production explains that, as producer, how do they choose such combination, so that their revenue is maximized.(b) Consumption: It is the process of using up utility, value of goods and services for the direct-satisfaction of our wants. Human wants are unlimited and no one can satisfy his all wants fully because resources to satisfy them are limited. The study of consumption explains that as consumer, how people allocate their income on the purchases of different goods and services so that their satisfaction is maximized(c) Distribution: The study of distribution explains the economic principle on the basis of which income is distributed among the various factor of productions, how the national income arising from what has been produced in the country is distributed through wages and salaries, profits and interest. | |
| 1725. |
In case of decreasing mrt the shape of ppc will be ........to origin show with diagram |
| Answer» PPF can be convex to the origin if mrt is decreasing<br>Concave to the origin | |
| 1726. |
What are the limits of coefficient of rank correlation |
| Answer» 0 to 1 | |
| 1727. |
How the increase in no. Of firms can affect the supply curve |
| Answer» _____Smz na aaye kch to puch skte ho dubara no prblm______ ^_^<br>Better technology leads to a fall in the cost of production. Bcz more can be produced with less additional resources . Accordingly producers are willing to suppy more at the existing price. "This implies a forward shift in suppy curve ".______<br>Increase in no. of firms means increase in supply which leads to rightward shift in the supply curve.<br>There will be rightward shift in the supply curve.<br>Supply inceases that means supply curve shift rightward<br>Supply curve shift rightward when no. of firms increases. | |
| 1728. |
mean mode median |
| Answer» R u want all of these formula\'s ? | |
| 1729. |
consumer eqiluilibrium in two commodity |
| Answer» Income = Price of good-x + price of good-y ......sry my mistake ^_^ smz na aaye to puchlena dubara<br>Income = goodx+goody | |
| 1730. |
What is marginal revenue? |
| Answer» Marginal revenue is the additional revenue generated from the sale of an additional unit of output<br>Revenue got by selling one more unit of the commodity<br>Its show additional revenue | |
| 1731. |
Why average revenue is equal to price? |
| Answer» Because total revenue = price × Quantity.And Average revenue = total revenue/quantitySo Average revenue = price × quantity/ quantity = price | |
| 1732. |
What happen when there is access demand in the market? |
| Answer» excess demand refers to a situation when quantity demanded is more than quantity supplied at the prevailing market price .under this situation market price is less than the equilibrium price<br>Excess demand leads to increase in the price<br>Competion increases among the Suppliers.<br>Hii | |
| 1733. |
Consumer\'s equilibrium in single commodity in easy method |
| Answer» | |
| 1734. |
2019 set 1 answer sheet |
| Answer» | |
| 1735. |
what to produce? |
| Answer» This problem involves selection of goods and services to be produced and the quantity to be produced of each selected commodity.the problem of what to produce has two aspects _ what possible commodities to produce and how much to produce<br>It refers to what type of dGoods should be or ought to be produced by the producer | |
| 1736. |
India why do not a development country |
| Answer» No doubt India\'s GDP increasing every year. However at the same time is it developing enough as a nation? Individually, I don\'t feel.1. POVERTY: Out of 1.3 billion population, 170 million people, or 12.4% people lives in the poverty line.2.POPULATION: India is the second most populated country in the world. The population reached 1,324 billion. This is the primary cause of all other problems which are coming up next....3. HEALTH CARE: It is estimated that one in every three malnourished children in the world lives in India. HIV/AIDS in India is ranked third highest among countries with HIV-infected patients.4. CORRUPTION: In corruption, India ranks in 79th place out of 176 countries.5. CRIME: A total of 10,24,423 cases of violence against women have been registered across India in the past three years. Which includes 1,10,277 cases of rape. In 5 years, 277% rise in rape cases reported in Delhi. | |
| 1737. |
Relation between AP ang MP with diagram |
| Answer» As long as MP is more than ap, ap risesWhen MP is equals to ap, ap is at its maximumWhen MP is less than AP, AP fallsthereafter both AP andMP Fall but MP becomes negative where as AP remains positive MP falls at a faster rate in comparison to fall in AP<br>When Ap increase Mp is greater than Ap Whep Ap decrease Mp is less than Ap. When Ap =Mp Ap is at its maximum point | |
| 1738. |
Give the meaning of frequency array |
| Answer» The the arrangement of raw data in ascending or descending order of magnitude is known as an array<br>An array of frequencies according to variate values, which is called the frequency distribution. term "array" is often used for the individual frequency distributions which form the separate rows and columns of a bivariate table. | |
| 1739. |
What is conumer equilibrium |
| Answer» Consumer equilibrium is a situation when a consumer is having maximum satisfaction with limited income and has no tendency to change his way of existing expenditure<br>Yes<br>Equilibrium means a state of maximum satisfaction.Consumer’s equilibrium is a situation when he spends his given income on the purchase of one or more commodities in such a way that he gets maximum satisfaction and has no urge to change this level of consumption, given the prices of commodities. | |
| 1740. |
In which phase consumer satisfied when he is a rational consumer. And why ❓? |
| Answer» In single commodity case : he is satisfied when- MUx÷ Px=MUm. In two commodity caae : MUx÷Px=MUy÷Py=MUm. | |
| 1741. |
Question no 14 statistic chapter 10 |
| Answer» | |
| 1742. |
Price ceiling |
| Answer» It is refers to fixing the maximum price of a commodity at level lower than the equilibrium price | |
| 1743. |
Economic is the scarcity of all problems justify |
| Answer» | |
| 1744. |
What is producers equilibrium |
| Answer» producer\'s equilibrium refers to that price and output combination which brings maximum profit to the producer and profit declines as more is produced<br>Producer equilibrium is state that a producer get maximum profit<br>Producers equilibrium is State in which the producer is getting the maximum profit<br>Producer equilibrium refers to a situation / point where the producer maximize their profit...^_^ | |
| 1745. |
Effect on ppc due to various goverment policy project |
| Answer» if the government policy is favourable to producer then ppc shifts to the right and if unfavorable it shifts leftward. As PPC means production possibility curve so the production depend upon the producer.<br>For ex during the clean India mission the ppc shift right ward<br>Their is loot of ppc | |
| 1746. |
What is the formula of standard deviation in continuous series, step deviation method |
| Answer» | |
| 1747. |
Why do consume purchase More at low price |
| Answer» | |
| 1748. |
Sir or mam ecomics ka is ma bus micro part ha statistics part kaha ha |
| Answer» | |
| 1749. |
Rise the income of consumer |
| Answer» Muje tmhara question smz to ni aara bt i tried ________Its a factor ...."rise the income of consumer" and when rise the income of consumer decrease the demand of inferior goods like coarse grain( mota aanaz) and increase the demand of normal goods ..... | |
| 1750. |
Range |
| Answer» Highest item - Lowest item<br>The difference of Highest Value (in the series) and Lowest value . | |