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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.
| 1751. |
Discuss the effect of clean india mission and make in india of the economy in ppc |
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| 1752. |
Classes with zero frequencies are called ? |
| Answer» Hi | |
| 1753. |
case studies on ppc due to government policies |
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| 1754. |
case studies of effect on ppc due to government policies |
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| 1755. |
Biomodal series |
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| 1756. |
What is demand functun |
| Answer» The relationship between demand and its determinants is known as demand function | |
| 1757. |
Statistical enquiry or survey |
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| 1758. |
budget set and budget line |
| Answer» budget line is a graphical representation of all possible combinations of two goods which can be produced with given income and prices.budget set is a set of all possible combination of two goods which a producer can afford given his income and prices in the market | |
| 1759. |
In case of perfect competition, a firm is in equilibrium when |
| Answer» When AR(prices) = AC (average costs) | |
| 1760. |
What is an enumerator? When do we need an enumerator,? |
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| 1761. |
What is Margianal Raye Of Transformagion? Write it\'s formulae. |
| Answer» It is marginal rate of transformation.also slope of ppc.its formulae is unit sacrificed/unit gained | |
| 1762. |
What is the difference between "Price Index" and "Quantity Index" |
| Answer» Thanks Yogita for helping me this doubt passes me 4 months23 days?<br>A price index measures changes in prices between two points of time whereas a quantity index measures changes in the volume of goods produce. | |
| 1763. |
Why AFC curve is rectangular hyperbola |
| Answer» Because TFC is constant<br>Because AFC ×q=tfc which is constant at all level of output<br>AFC curve is rectangular hyperbola because, AFC= TFC/Q. As TFC remains fixed at al level of output, with the rise in output, AFC fall. Since TFC is never zero, AFC curve doesnot touch horizontal axis.Thus the shape of AFC curve is rectangular hyperbola. | |
| 1764. |
Ch concept of cost |
| Answer» This is related to producers who produce goodsIn this we study total product and marginal product | |
| 1765. |
Indian railways is good to be monopolistic competition..what is the reason nehind it |
| Answer» Indian railways is an example of monopoly<br>No it is good to be monopoly competition because no one has control over itIt is under control of government<br>because it is under govt control fully that is why it is monopolistic and also that it has no other competition | |
| 1766. |
Mean deviation from mean |
| Answer» First calculate meanThen deviation from meanAdd sum of these deviationsIgnore negative signApply formulae deviation÷nN=number of items<br>Hii Nikku | |
| 1767. |
The difference between intermediate good and final goods |
| Answer» IG=INTERMEDIATE GOODS\\FG =FINAL GOODS IG are goods that are used for resale purpose or for producing another commodityFG are which are ready to consume by a firm or householdIG are goods which are within the production boundryFG are goods which are beyond the porduction boundry | |
| 1768. |
Who is a producer |
| Answer» Producer is a person who produces goods and services to generate income<br>Hii | |
| 1769. |
What are the effects on PPC due to various government policies |
| Answer» Ppc doesn\'t affected Only actual production level of an economy will come close to ppc or on ppc | |
| 1770. |
................. is the arithmetic mean of the deviations of various items from their average |
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| 1771. |
How to make quesnnair on demand and its determinant |
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| 1772. |
Difference between short run and long run productions |
| Answer» Good question<br>Thankyou for helping?<br>\tThe Short Run: In this scenario, at least 1 of the factors – either labour or capital – cannot be diversified, hence, remains constant. In order to differ the level of output, the enterprise can differ only the other factor. The factor that remains constant (fixed) is known as the fixed factor and the other factor which the enterprise can vary is known as the variable factor.\tThe Long Run: In this scenario, all factors of production can be diversified or varied. An enterprise in order to manufacture different degrees of output in the long run may differ both the inputs concurrently. Hence, in the long run, there is no fixed factor. | |
| 1773. |
Where are rest of the chapters of micro like cost |
| Answer» What do you mean by rest of chaptert | |
| 1774. |
What is data ? What is need of a data? Discuss tja sources of data. |
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| 1775. |
When price is falls what is TR |
| Answer» Falls | |
| 1776. |
Consumer equilibrium using IC Analysis |
| Answer» Consumer Equilibrium-consumer equilibrium refers to a situation when a consumer having maximum satisfaction with his limited income and has no tendency to change his way of existing expenditureAssumptions-1)both goods are substituted goods2)consumer income and price of commodity are given3)consumer will be rational4)law of DMU will be held5)utility will be measured in orderCondition-1)MRSxy=Px÷PySlope of IC=Slope of budget line2)Ic is convex at equilibrium | |
| 1777. |
Cashless India |
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| 1778. |
Given px=py=3 and MRS=3. It\'s the consumer in equilibrium. If not how does he restore equilibrium |
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| 1779. |
What is index number? Discuss its importance. |
| Answer» Index number is a statistical device for measuring changes in the magnitude of a group of related variables | |
| 1780. |
What is economics policy |
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| 1781. |
What are the conditions of producer\'s equilibrium |
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| 1782. |
Rajasthan ke Rajat boonde |
| Answer» Rajasthan ke Rajat boonde ncrt solution short questions answere | |
| 1783. |
What is. Economic |
| Answer» Economic is science who studied human behaviour want and scare is called economics | |
| 1784. |
Find the arithmetic mean of the following distributionMarks 0_44_88_1212_16No. Of students4821 |
| Answer» Yes 6 is the correct answer.<br>6 is a correct answer Explain first make "M " by using formula =L1+L2 Divide by 2 Example (a)0+4 Divide by 2= 2(B) 4+8 Divide by 2 = 6;After completing M calculated the sun of M and devide the total sum by the total sum of "F" | |
| 1785. |
Chapter theory of demand |
| Answer» Where is the chapter | |
| 1786. |
What is implication of homogeneous products in perfect competition |
| Answer» implication of homogeneous product is that buyers treat the products as identical therefore the buyers are willing to pay only the same price for the products of all the firms in the industry it also implies that no individual firm is in a position to charge a higher price for its product this ensures uniform price in the market | |
| 1787. |
define index number |
| Answer» An index number is a statistical device for measuring changes in the magnitude of a group of related variables.Features of Index Number\tIndex numbers are expressed in terms of percentages. However, percentage sign (%) is never used.\tIndex numbers are relative measurement of group of data.\tIndex numbers offer a precise measurement of the quantitative change in the concerned variables over time.\tIndex number show changes in terms of averages.\tThey are expressed in numbers.\tIndex number facilitates the comparative study over different\xa0time period. | |
| 1788. |
Issues related to unemployment are studied mainly ar which level? Macro or micro |
| Answer» Macroeconomics<br>Macro<br>Macro<br>Micro<br>Micro | |
| 1789. |
Explain price of related goods |
| Answer» price of related goods can be explained as followsin a pvr cinema when price of related goods for eg popcorn rises the people will stop their visits to cinema houses because of increased prices as a result when price rises its related goods in above eg demand for movie tickets will fall<br>Bhag bhosdike | |
| 1790. |
how will reduction in goods and services tax on text book affect their market supply |
| Answer» reduction in tax rate will affect market price because when tax rate falls the production will increase as the production will be cheaper so supply will rise<br>All are inter-connected if one of the thing changes then it affect each and every thing. | |
| 1791. |
What type of economic system is followed by Pakistan? |
| Answer» mixed economy just like india | |
| 1792. |
Explain the merit and demerit of stan drivation? |
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| 1793. |
Firm is a price taker and industry is a price maker. Explain. |
| Answer» Firm. A firm is a single producing unit which produces goods and services for sale. Its main objective is to earn maximum profit.Industry. An industry is an aggregate of all the firms producing the same product or interrelated product Alternatively, all the firms producing and selling the same or differentiated products of close substitutes are collectively known as an industry. For instance, firms manufacturing shoes will be collectively called shoe industry. Clearly a firm is a part of an industry.Price determination. (Industry price-maker and firm price-taker). Under perfect competition, price of a commodity is determined by the equilibrium between market demand and market supply of the whole industry. So, the industry is called the price-maker. Here demand and supply represent total demand and total supply of industry. No individual firm can influence the price because its share in total supply is insignificant. Every firm has to accept the given price and adjust its level of output. It has no option but to sell the product at a price determined at industry level. If is because of this reason that firm is said to be price-taker and industry, the price-maker. This price is also called equilibrium price, because at this price quantity demanded is equal to quantity supplied. This can be illustrated with the help of the following demand and supply schedule and diagram of the industry: | |
| 1794. |
What is the meaning of budget line.explain |
| Answer» A budget constraint represents all the combinations of goods and services that a consumer may purchase given current prices within his or her given income. Consumer theory uses the concepts of a budget constraint and a preference map to analyze consumer choicesAn Economics tutor answered. Slope of a budget line is the "price ratio" of the two goods. ... Since the slope is constant we will get a straight line. The only case where a budget line may be non linear is the case of kinked constraints. | |
| 1795. |
Economics ka project |
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| 1796. |
Important theorys |
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| 1797. |
What is variable? Difference between a unvariate and a bivariate frequency |
| Answer» Univariate Frequency Distribution\tWhen data is classified on the basis of single variable, the distribution is known as univariate frequency distribution.\tIt aims to make description about the particular variable.\tIt is also known as one-way frequency distribution.\tEx : Height of students in a class.Bivariate Frequency Distribution :\tWhen the data is classified on the basis of two variables, the distribution is known as bivariate frequency distribution.\tIt aims to determine the empirical relationship between the two variables.\tIt is also known as two-way frequency distribution.\tEx : Height and weight of students in a class. | |
| 1798. |
Explain the relationship between TU &MU? |
| Answer» When TU increases at increasing rate then MU attains its maximum point and starts falling.WhenTU attains its maximum point then MU become zero.When TU starts falling then MU become negative.<br>UTILITY - Utility refers to the amount of satisfaction derived from the consumption of the unit of the product.TOTAL UTILITY - Total utility refers to the total amount of satisfaction obtained from the consumption of number of products.MARGINAL UTILITY - Marginal utility is the amount of satisfaction which is derived from the consumption of every additional unit.Difference between Total Utility and Marginal Utility.when TU decrease, MU increases.when TU becomes zero, MU become stagnant.when TU becomes negative, MU falls.Total utility talks about the whole other hand\'s marginal utility talk about the single unit. | |
| 1799. |
What is a producer equilibrium and condition explain table with diagram |
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| 1800. |
What is a producer equilibrium and condition explain with diagram and table |
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