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Rahul
Subject: Economics
, asked on 8/2/16
Give reasons and tell whether the following are true or false:
a. A producer is in equilibrium when marginal cost and marginal revenue are equal.
b. The difference between average total cost and average variable cost decreases with decrease in output.
c. When marginal cost rises, average cost will also rise.
Answer
2
Rahul
Subject: Economics
, asked on 8/2/16
What is the behavior of average revenue in a market in which a firm can sell any quantity of a good at a given price?
Answer
1
Rahul
Subject: Economics
, asked on 7/2/16
Why does AC and MC curve falls and then rises ?? How law of variable represents this ??
Answer
3
Rahul
Subject: Economics
, asked on 6/2/16
If in a question its asked to show a diagram for relation of AVC,AC and MC then the data in schedule is assumed on what basis ?? Pls tell the way in which we put data in Output, AVC,AC etc. table.
Answer
3
Rahul
Subject: Economics
, asked on 3/2/16
AC / SAC , AVC/SAVC, MC,SMC are these same thing or makes any difference if we put short before these ??
Answer
1
Rahul
Subject: Economics
, asked on 2/2/16
As under perfect competition AR=MR. In which case, AR=P and it decreases in TR/Q ??
Answer
1
Rahul
Subject: Economics
, asked on 1/2/16
Not complete video... Pls check so that I can go thru it.
Answer
1
Rahul
Subject: Economics
, asked on 1/2/16
What is the difference between Long-Run production and long-run cost ?
Answer
1
Rahul
Subject: Economics
, asked on 30/1/16
AC is U shaped and AVC is also U shaped(Law of variable proportion).. Can u explain how can we relate this law ?
Answer
1
Rahul
Subject: Economics
, asked on 24/1/16
In stage 2(diminishing), MP=0 or more than 0??
Answer
1
Rahul
Subject: Economics
, asked on 23/1/16
Average product will increase only when marginal product increases. How is it false as the relationship says MP>AP AP rises, MP<AP AP falls. ??
Answer
1
Rahul
Subject: Economics
, asked on 26/12/15
Complete the following tale:
Output Total Cost Average Cost Marginal Cost
0 24 - -
1 44 - -
2 - 15 15
3 - - -
4 88 - -
Answer
3
Anjali Solunke
Subject: Economics
, asked on 26/11/15
why AVC falls with rise in output......???
Answer
1
Anjali Solunke
Subject: Economics
, asked on 26/11/15
why TC does not start from origin...?
Answer
1
Safiya Siddiq
Subject: Economics
, asked on 3/8/15
↵complete the following table
labour TPP MPP APP
0 0 0 0
1 20 ----- ------
2 ---- 22 -----
3 ---- --- 22
4 88 ----- ----
5 ----- 17 -----
6 ------ ----- 20
Answer
1
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What are you looking for?
a. A producer is in equilibrium when marginal cost and marginal revenue are equal.
b. The difference between average total cost and average variable cost decreases with decrease in output.
c. When marginal cost rises, average cost will also rise.
Not complete video... Pls check so that I can go thru it.
Output Total Cost Average Cost Marginal Cost
0 24 - -
1 44 - -
2 - 15 15
3 - - -
4 88 - -
labour TPP MPP APP
0 0 0 0
1 20 ----- ------
2 ---- 22 -----
3 ---- --- 22
4 88 ----- ----
5 ----- 17 -----
6 ------ ----- 20