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Nishtha Srivastava
Subject: Economics
, asked on 12/7/17
the government provide subsidies on the production of cotton . explain its effect using diagram on the supply of cotton
Answer
1
Nishtha Srivastava
Subject: Economics
, asked on 12/7/17
The charges of fuel and power increases. Explain the effect on the supply of commodity X in whose production it is used.
Answer
2
Salvi Singh
Subject: Economics
, asked on 7/7/17
An industrialist withdraws ?10,000 from his term deposits and purchases a generation set. It involves an element both of explicit cost as well as implicit cost. Explain this fact with a reason.
Answer
1
Nishtha Srivastava
Subject: Economics
, asked on 30/6/17
can MC fall when AVC rises ? Give reason .
Answer
1
Ambareesh
Subject: Economics
, asked on 17/6/17
how to find average fixed cost, average variable cost , marginal cost if output and total cost is given (pls also provide with formula apart from ur explanation)
Answer
1
Ambareesh
Subject: Economics
, asked on 17/6/17
how to find average total cost and average variable cost at each level of output when it's total cost is given ?
Answer
1
Ambareesh
Subject: Economics
, asked on 17/6/17
how to find average variable cost and marginal cost if output and total cost are given ?
Answer
1
Kalyan Hazra
Subject: Economics
, asked on 10/6/17
PLEASE CHECK THE ANSWER
Answer
1
Kalyan Hazra
Subject: Economics
, asked on 10/6/17
1. Explain consumers equilibrium, in case of Single commodity, with the help of utility schedule.
The law of D.M.V can be used to explain consumers equilibrium in case of a single commodity. Therefore, all the assumptions of Law of D.M.U are taken as assumptions of consumer's equilibrium in case of single commodity.
A consumer purchasing a single commodity will be at equilibrium, when he is buying such a quantity of that commodity which gives him maximum satisfaction. The number of units to be consumed of the given commodity by a consumer depends on 2 factors.
1. Price of the given commodity.
2. Expected utility from each successive unit.
To determine the equilibrium point, consumer compare the price of the given commodity with its utility. Being a rational consumer, he will be at equilibrium when marginal utility is equal to price paid for the commodity.
Consumer Equilibrium in case of Single Commodity.
Units of
x
Price (P
x
)
Marginal Utility
Marginal Utility in units
Difference maximum
1
10
20
20
10
2
10
16
16
6
3
10
10
10
0
4
10
4
4
-6
5
10
0
0
-10
6
10
-6
-6
-16
Answer
1
Parichay Sharma
Subject: Economics
, asked on 7/6/17
Please solve the question by the formula GNDI = NDPfc + NFIA + NIT + Net current transfers from ROW
Answer
1
Kalyan Hazra
Subject: Economics
, asked on 6/5/17
PLEASE CHECK THE ANSWER
Answer
1
Kalyan Hazra
Subject: Economics
, asked on 6/5/17
PLEASE CHECK THE ANSWER
Answer
1
Sabeeha
Subject: Economics
, asked on 5/5/17
I want to know that in cbse is there any age limit to appear in 10th board exams.
Answer
2
Aarushi
Subject: Economics
, asked on 14/4/17
difference between return to variable factors and returns to scale
Answer
2
Simran
Subject: Economics
, asked on 14/4/17
9) What is the behaviour of average revenue in a market in which a firm can sell any quantity of a good at a given price?
Answer
1
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What are you looking for?
1. Price of the given commodity.
2. Expected utility from each successive unit.
To determine the equilibrium point, consumer compare the price of the given commodity with its utility. Being a rational consumer, he will be at equilibrium when marginal utility is equal to price paid for the commodity.
Consumer Equilibrium in case of Single Commodity.