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Subject: Economics, asked on 23/6/21

7.What does the area under Marginal Utility Curve of a commodity represents?

Subject: Economics, asked on 22/6/21

An increase in price of tea increases demand for coffee. Show it graphically. 

Subject: Economics, asked on 22/6/21

An increase in the price of gas reduces the demand for car. Show it graphically.

Subject: Economics, asked on 21/6/21

6.Give formula for price elasticity of demand.

Subject: Economics, asked on 19/6/21

give example of factors affecting price elasticity of demand of Income level of the buyer

Subject: Economics, asked on 17/6/21

Economics please solve this sum 11th one

Subject: Economics, asked on 28/5/21

What are the differences between perfect competition and monopoly

Subject: Economics, asked on 21/5/21

From the following table, calculate price elasticity of demand by the percentage-change method.
Price of X (Rs. per unit)
4
5
Total Expenditure (Rs.)
600
525

Subject: Economics, asked on 21/5/21

At Rs. 26 per unit, the demand for a commodity is 30 units. If the price increases from Rs. 26 to Rs. 30 per unit, the demand decreases to 15 units. Calculate the price elasticity of demand.

Subject: Economics, asked on 21/5/21

Price of the commodity increases from Rs.50 to Rs.60 per unit. Quantity demanded initially was 200 units. What should be the new quantity so that elasticity of demand is established to be unitary?

Subject: Economics, asked on 19/4/21

kris whu ifan...etc are u there ....hey u study in Bakshish school ...??

Subject: Economics, asked on 16/3/21

A farmer grows potato crop. Suppose the price of potato falls down in the market.
Will the farmer behave according to the law of supply?

Subject: Economics, asked on 3/3/21

Define Price Ceiling. What is the common purpose for the price ceiling imposed by the government? Explain any one likely consequence of this nature of intervention by the government in the price determination process.

Subject: Economics, asked on 27/2/21

Expert can you pls tell me that is there a situation where rise in demand perfectly matches the rise  in supply if so can you pls tell me an example of the same .

Subject: Economics, asked on 27/2/21

Experts can you pls tell me the answer of this question 
During 2018-2019 we saw significant increases in the manufacturing
of cars in india. During the same time period we also observed
significant rises in the demand for cars. We know that during that
time period both price and the level of car traded increased. Based
on that information what most likely happened in the market?
(a) The rise in supply was more than the rise in demand.
(b) The rise in demand was more than the rise in supply.
(c) The rise in demand was perfectly matched by rise in the supply.
(d) None of the above
 

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