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.
| 1801. |
What is a producer equilibrium and condition explain |
| Answer» | |
| 1802. |
Whatbis difference between stock and quantity supplied |
| Answer» \tSupplyStockSupply refers to the quantity of a commodity which is actually brought into the market for sale.Stock means the total volume of commodity which can be brought into the market for sale.It indicates only actual sale incurred in the market and is expressed in terms of flow of goods per time period.It indicates potential supply in the market. It is not expressed in terms of flow of goods per time period.\t | |
| 1803. |
Explain the small number of big firm |
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| 1804. |
Law of marginal utility definition , assumption and with table ,diagram |
| Answer» | |
| 1805. |
Measure of dispersion |
| Answer» Measures of Dispersion:(i) Range(ii) Inter quartile range(iii) Quartile deviation or Semi-Inter-quartile range(iv) Mean deviation(v) Standard Deviation(vi) Lorenz curve | |
| 1806. |
Industrial development |
| Answer» | |
| 1807. |
How to produce |
| Answer» How to produce means the selection of technique for production .It has 2 aspects ÷1 labour intensive technique: it means more labour and less capital.2 capital intensive technique: it means more capital and less labour.<br>Once the decision regarding the goods to be produced is taken, the next problem as to what techniques should be adopted to produce the commodity arises. This function is related to the allocation of resources to production techniques which have to be employed during the production of goods and services. | |
| 1808. |
Explain the nature of AVC with help of numerical |
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| 1809. |
A firm under perfect competition will not suspend producer even when P |
| Answer» \xa0The shut-down point refers to a situation when the firm is able to cover its variable cost only i.e AR = AVC.\xa0At the shutdown point, the firm incurs a loss of fixed cost. The firm does not stop the production at this point as the fixed cost will still be incurred. However, if the price falls and the firm is unable to cover even it\'s variable cost then it will shut down the operations. | |
| 1810. |
For a firm under perfect competition, profits are not maximised even when MR>MC . Explain why. |
| Answer» | |
| 1811. |
Explain the chain of effect of increase in demand of a good? |
| Answer» Increase in demand cause a situation of excess demand Due to excess demand price will riseRise in price leads ton extension of supply and contraction of demandThis process will continue til the producer will get a new equilibrium point | |
| 1812. |
Price determination on monopoly market |
| Answer» | |
| 1813. |
Law of DMU |
| Answer» Law of Diminishing Marginal Utility(DMU) states that as we consume more and more units of a commodity the utility derived from each successive unit goes on decrease | |
| 1814. |
what is variable factor |
| Answer» Formula<br>Variable factors refer to those factors, which can be changed in the short run. They vary directly with the output. For example, Labour, raw material, etc. | |
| 1815. |
project on bumper production boon or bane ? |
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| 1816. |
Represtion of data on topic ways notes |
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| 1817. |
which chapter contain more marks |
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| 1818. |
Frequency diagram |
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| 1819. |
Economics questions based on practical |
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| 1820. |
Relation between AC and MC |
| Answer» | |
| 1821. |
How many idustries liecences will camparsary in 2006 |
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| 1822. |
Chapter 6 cost important points |
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| 1823. |
Wat is meant by market |
| Answer» Market is a an arrangement through which buyers and sellers trade with one another where one sells good and other one purchases the good.<br>Market is a mechanism or arrangment through which Buyer and seller of a commodity came into contact with one another and complete the act of sales and purchase of commodity on mutually agreed price | |
| 1824. |
What do you mean by statistical tools |
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| 1825. |
What is lorenz curve? |
| Answer» Lorenz Curve is a curve which measures the distribution of wealth and income. Now it is also used for the study of the distribution of profits, wages etc. | |
| 1826. |
Define letter of referance in hindi and English |
| Answer» | |
| 1827. |
My question is ethuku subject summa over mind mental akava |
| Answer» Super question thalav potu superb | |
| 1828. |
What is the meaning of rational? |
| Answer» It is the quality or state of being rational | |
| 1829. |
chapter tabular presentation |
| Answer» | |
| 1830. |
budget line budget set |
| Answer» Budget set refers to all the bundles the consumer can afford with the given income , either by fully spending the income or even less than that But budget line takes only those bundles which is consumed by spending all his income/money completely | |
| 1831. |
diffrrence between change in quantity supply and change in supply |
| Answer» When there is change in the price of the commodity and other factors are constant, then it refers to Change in Demand.When there is change in other factors and the price of commodity is constant, it is called change in Quantity Demand.<br>\tCHANGE IN QUANTITY SUPPLIEDCHANGE IN SUPPLYIt is the change in supply due to change in own price of the commodity.It is the change in total supply due to change in all the other factors of supply.It occur due to constant of other factors of supply and only increase or decrease in own price of the commodityIt occurs due to change in all determinants of supply except own price.It creates upward or downward movement along a supply curve.It creates leftward or rightwards shift in supply curve.\t\xa0 | |
| 1832. |
difference between change in quantity demand and change in demand |
| Answer» Change in demand is occur due to change in other factors like change in taste and preferences of consumers, change in substitute goods etc. but not bue to its own price . Change in quntity demanded is occur due to change in its own price . | |
| 1833. |
consumer equilibrium with one comodity |
| Answer» Theriyala thambi unnaku theriyala eeeeeee.................. | |
| 1834. |
False line and kinked line are same |
| Answer» | |
| 1835. |
Why is choice essential in the study if economics? |
| Answer» | |
| 1836. |
relationship between TP and MP |
| Answer» TP increase at increasing rate MP also increaseTP increase at diminishing rate MP decreasesTP is maximum MP is zeroTP start decline MP should be negative | |
| 1837. |
What is extension of supply |
| Answer» When rise in quantity supplied of a commodity is due to increase in own price of commodity. ?? | |
| 1838. |
What is demand curve |
| Answer» The demand curve is a graphical depiction of the association between the price of a commodity or service and the number demanded for a given time frame. In a typical depiction, the cost will appear on the left vertical axis, the number (quantity) demanded on the horizontal axis. | |
| 1839. |
Wath is microeconomics? |
| Answer» Microeconomics is that branch of economics in which economic problems are studied at individual level. Example: behaviour of consumer, firms, etc.<br>Micro is individual studies like consumer demand<br>Microeconomics is the study of decisions made by people and businesses regarding the allocation of resources and prices of goods and services. The government decides the regulation for taxes. Microeconomics focuses on the supply, that determines the price level of the economy. It uses the bottom-up approach strategy to analyze the economy. In other words, microeconomics tries to understand human choices and resource allocation. Microeconomics does not decide what are the changes taking place in the market, instead, it explains why there are changes happening in the market. | |
| 1840. |
Type of economic development |
| Answer» Wath is micro economics? | |
| 1841. |
Important questions of chapter 11 measures of dispersion |
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| 1842. |
What is the best average for constructing an index number? |
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| 1843. |
What is cumilative frequency series |
| Answer» Cumulative frequency series is that series in which the frequencies are continuously added corresponding to each class-interval in the series. | |
| 1844. |
What do you undersrand by the economic problem |
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| 1845. |
Case study on production possiblity curve |
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| 1846. |
If the 2unit of MP is 4 then what is the value of TP and AP |
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| 1847. |
Find out standard deviation of the following series |
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| 1848. |
Why chapter 1 of micro(economics and economy) are not mention in my cbse guide |
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| 1849. |
In case of perfect competition a firm is in equilibrium when |
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| 1850. |
Why is agricultural diversification essential for sustainable livelihood |
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