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Subject: Economics, asked on 7/5/18

Solutions of class 12 sandeep garg microeconomics

Subject: Economics, asked on 29/11/18

Solutions for sandeep garg microeconomics supply unsolved practicals

Subject: Economics, asked on 25/6/18

sandeep garg class 12 solution

Subject: Economics, asked on 17/6/16

Solution of elasticity of demand chapter of book sandeep garg

Subject: Economics, asked on 14/8/15

difference between fixed factor and variable factor. 4 points min.

Subject: Economics, asked on 20/4/14

what are the four basic limitations of utility analysis?

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 (Px) 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



 

Subject: Economics, asked on 24/6/12

Explain the likely behaviour of total product and marginal product when only one input is increased while all other inputs are kept unchanged.

Subject: Economics, asked on 19/10/17

Conclusion of project of foreign exchange market

Subject: Economics, asked on 1/9/18

I am in class 11.
I got a project in economics Demand and its Determinants
What should I do .
And which product should i choose for the project as i have to show it in the graph .
Pls give some interesting options ............

Anu
Subject: Economics, asked on 4/6/13

'Money is what money does'. Explain.

Subject: Economics, asked on 2/7/14

A firm is producing 20 units. At this level of output ,the ATC and AVC are respectively equal to Rs.40 and Rs.37. Find out the total fixed cost of the firm.

Subject: Economics, asked on 5/11/18

the coefficient of elasticity of supply of a commodity is 3 . a seller supplies 20 units of this commodity at  a price of rupees 8 per unit . how much quantity of this commodity will the seller supply when the price rises by rupees 2 per unit ? calculate the quantity when the elasticity of supply is given . (experts please give the answers with same numbers which is provided in question don’t change the numbers and don’t provide any link.)

Subject: Economics, asked on 8/10/13

distinguish between tax revenue and non-tax revenue

Subject: Economics, asked on 2/8/12

why is the short-run average cost curve U- shaped ?

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