Subject: Economics, asked on 22/5/18

## How opportunity cost is 420? Subject: Economics, asked on 3/5/18

## how to produce is a complex problem for less developed country like india. explain how

Subject: Economics, asked on 30/4/18

## Problem of resource is automatically solved in free economy justify

Subject: Economics, asked on 23/4/18

## 5 a numerical on elasticity of demand and arranging a few values of elasticity of demand with negative sign in ascending order

Subject: Economics, asked on 22/4/18

## Plz help.the answer is 1 .how?

Subject: Economics, asked on 8/4/18

## Reson based- If Marginal utility increases, the quantity demanded of the commodity also increases. Why? Give reasons.

Subject: Economics, asked on 3/4/18

## Discuss the situations of disequilibrium in two commodity case. How is equilibrium restored?

Subject: Economics, asked on 26/3/18

## what is b r i c s?

Subject: Economics, asked on 25/3/18

## Interest paid by individual on loan against collateral from a bank included or excluded in National income?

Subject: Economics, asked on 24/3/18
Subject: Economics, asked on 23/3/18

## How to solve these type of questions: 8. Suppose a consumer can afford to buy 6 units of good 1 and 8 units of good 2 if she spends her entire income. The prices of the two goods are Rs. 6 and Rs 8 respectively. How much is the consumer's income? Hint: Suppose, the equation of budget line is pxx+pyY=M (Where X= good 1; Px=Price of x; Y=good 2; Py=Price of Y; and M=Income) Putting values in the equation, we get; Rs. 6x6+Rs 8x8=m, i.e. Income (M) = Rs. 100

Subject: Economics, asked on 22/3/18

## How distribution of income and size of a population are factors affecting market demand? Explain briefly.

Subject: Economics, asked on 22/3/18

## The answer to this question is given as (a).why isn't it (c)?Please explain Q5. Marginal utility (MU) in terms of money is equal to :        (a)                                        (b)        (c)                                        (d) None of these

Subject: Economics, asked on 22/3/18

## difference between Indifference set and Indifference map. Indifference Set    It is a set of those combination of two goods which offer the consumer the same level of satisfaction, so that, the consumer is indifferent across any number of combination in his indifference set. Monotonic Preferences  Monotonic preferences refers to a situation where the consumer will prefer more quantity of commodities than lesser quantity. Indifference Map It refers to a set of indifference curves corresponding to different income levels of the consumer. In an indifference map, indifference curves are parallel and a higher indifference curve represents a higher level of satisfaction. Consumer's Budget It is the real purchasing power of consumer from which he can purchase certain quantitative bundles of two goods at a given price.

Subject: Economics, asked on 22/3/18

## why have they mentioned that bananas are being sacrificed to gain apples.aren't an apple each being sacrificed to gain 2 bananas?in that case wouldn't slope be 1/2.please explain

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