NCERT Solutions
Board Paper Solutions
Ask & Answer
School Talk
Login
GET APP
Login
Create Account
Popular
Latest
Expert Answers
ALL
Kalyan Hazra
Subject: Economics
, asked on 6/8/17
Q. Draw three demand curves in which price elasticity of demand remains same at all points.
Answer
1
Sravani
Subject: Economics
, asked on 6/8/17
output 1 2 3 4 5 6
AFC 60 30 20 15 12 10
MC 32 30 28 30 35 43
FIND TC AND AVC. PLS COULD EXPLAIN AND SEND SO THAT I CAN UNDERSTAND CLEARLY...THANK YOU
Answer
1
Vibhav
Subject: Economics
, asked on 5/8/17
In the Book it is given that when AP=MP , AP is at its maximum.
However in this numerical this does not happen i.e. At the maximum value of AP it is NOT equal to MP (> MP) and when it becomes equal to MP (between the 2nd and 3rd unit) it is not at its maximum value.
What is the reason behind this Contradiction???
Answer
1
Vibhav
Subject: Economics
, asked on 4/8/17
In the Book it is given that when AP=MP , AP is at its maximum.
However in this numerical this does not happen i.e. At the maximum value of AP it is NOT equal to MP and when it becomes equal to MP (between the 2nd and 3rd unit) it is not at its maximum value.
What is the reason behind this Contradiction???
Answer
1
Jaanvi
Subject: Economics
, asked on 31/7/17
A producer starts the business in the building owned by him and borrows money for running it. Identify implicit cost.
Answer
1
Ambareesh
Subject: Economics
, asked on 30/7/17
commodities x and y have equal price elasticity of supply , the supply of x rises from 200 units to 350 units due to a 25% rise in it's price . calculate it's price fall by 10%
Answer
1
Ambareesh
Subject: Economics
, asked on 30/7/17
the price elasticity of a commodity is 2 when its price falls from rs 10 to rs 8 per unit it quantity supplied falls by 500 units . calculate the quantity supllied at the new price
Answer
1
Ambareesh
Subject: Economics
, asked on 30/7/17
the price elasticity of a commodity y is half the p elasticity of commodity x 16% rise in the price of x results in an 40% . if the price of y falls by 8% . calculate the percentage fall .
Answer
1
Ambareesh
Subject: Economics
, asked on 30/7/17
calculate elasticity of supply when p rises from rs 2 rs 3 in the both the cases . why does elasticity of supply differs in both the cases even though absolute change in quantity supplied is 20 units
Answer
2
Kalyan Hazra
Subject: Economics
, asked on 23/7/17
Define Unitary elastic Demand and draw demand curve for it. What is the significance of a unitary elastic demand curve?
Ans: When percentage change in the quantity demanded is equal to percentage change in price , then demand for such & commodity is said to unitary elastic . In this case ED = 1 and the demand curve is a rectangular hyperbola . Rectangular hyperbola is curve under which the total area at all points will be the same.
Answer
2
Kalyan Hazra
Subject: Economics
, asked on 20/7/17
Q. Discuss in brief the various precaution of value added method.
Answer
1
Kalyan Hazra
Subject: Economics
, asked on 20/7/17
Q. Explain the production method of estimating national income.
Answer
2
Kalyan Hazra
Subject: Economics
, asked on 18/7/17
PLEASE CHECK THE ANSWER
Answer
1
Riya Verma
Subject: Economics
, asked on 17/7/17
How total product initially increases at an increasing rate if all the variable factors are assumed to be equally efficient. Explain with examples
Answer
1
Nishtha Srivastava
Subject: Economics
, asked on 12/7/17
The technology changes used in the production of good Y. What will be its effect on the supply of good Y
Answer
1
Prev
2
3
4
5
6
Next
What are you looking for?

AFC 60 30 20 15 12 10

MC 32 30 28 30 35 43

FIND TC AND AVC. PLS COULD EXPLAIN AND SEND SO THAT I CAN UNDERSTAND CLEARLY...THANK YOU

However in this numerical this does not happen i.e. At the maximum value of AP it is NOT equal to MP (> MP) and when it becomes equal to MP (between the 2nd and 3rd unit) it is not at its maximum value.

What is the reason behind this Contradiction???

However in this numerical this does not happen i.e. At the maximum value of AP it is NOT equal to MP and when it becomes equal to MP (between the 2nd and 3rd unit) it is not at its maximum value.

What is the reason behind this Contradiction???

Define Unitary elastic Demand and draw demand curve for it. What is the significance of a unitary elastic demand curve?

Ans: When percentage change in the quantity demanded is equal to percentage change in price , then demand for such & commodity is said to unitary elastic . In this case ED = 1 and the demand curve is a rectangular hyperbola . Rectangular hyperbola is curve under which the total area at all points will be the same.