CBSE Class 12 Economics Producer Behavior and Supply Assignment
POINTS TO REMEMBER ❑ Total production refers to the sum total of production done by using all units of variable factors over a given period of time. ❑ Average production is the per unit output of variable factor (labour) employed. AP = TP variable input ❑ Marginal product is…
CBSE Class 12 Economics Numerical of production and cost Assignment
Question. At Shut-Down Point - (a) Price is equal to AVC (b) Total Revenue is equal to TVC (c) Total Loss of the Firm is equal to TFC (d) All of the above Answer: B Question. What are conditions when the Firm earns Super—Normal Profit? (a) Average Revenue is more than Average…
CBSE Class 12 Economics Money and Banking Assignment
Case Study Questions Money and Banking Class 12 Economics Read the following article and answer the questions given below: India's total Money Supply (M3) stood at ₹17804885 crores as on October 23rd 2020, recording a rise of 11.60% over the same time…
CBSE Class 12 Economics Introduction To Macroeconomics Assignment
Very Short Answer Type Questions(1 Mark) Question. What do you mean by marginal opportunity cost? Answer: Marginal rate of transformation (MRT) is the ratio of one good sacrificed to increase one more unit of the other good. Question. What do you mean by…
CBSE Class 12 Economics Quick Revision Questions
Quick Revision Question and Answers for Low Achievers Question. What is opportunity cost? Answer: Opportunity cost refers to the cost of the next best alternative foregone. Question. Define Marginal rate of transformation. Answer: It is the amount of one good that…
CBSE Class 12 Economics Producer Behavior and Supply Hindi Assignment
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CBSE Class 12 Economics National Income and Related Aggregates Assignment
POINTS TO REMEMBER ❑ Good : In economics a good is defined as any physical object, natural or man-made, that could command a price in the market. ❑ Consumption Goods : Those goods which satisfy human wants directly. ❑ Capital Goods : Those final goods which help in production…
CBSE Class 12 Economics National Income and Related Aggregates Hindi Assignment
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CBSE Class 12 Economics Money and Banking Hindi Assignment
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CBSE Class 12 Economics Introduction to Micro Economics Assignment
POINTS TO REMEMBER ♦ Study of Economics is divided into two branches (a) Micro economics (b) Macro economics ♦ Micro economics studies the behaviour of individual economic units. ♦ Macro economics studies the behaviour of the economy as a whole. ♦ Economy is an…
CBSE Class 12 Economics Introduction Hindi Assignment
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CBSE Class 12 Economics Government Budget and the Economy Assignment
Important Questions for Class 12 Economics Government Budget and The Economy POINTS TO REMEMBER ❑ Budget is a financial statement showing the expected receipt and expenditure of Govt. for the coming fiscal or financial year. ❑ Main objectives of budget are : (i) Reallocation…
CBSE Class 12 Economics Government Budget and the Economy Hindi Assignment
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CBSE Class 12 Economics Forms of Market and Price Determination Assignment
MCQ Questions for NCERT Class 12 Economics National Income Accounting Question: GDP equals GNP, when (a) the value of exports of goods equals the value of imports of goods (b) the value of exports of goods and services equals the value of imports of goods…
CBSE Class 12 Economics Forms of Market and Price Determination Hindi Assignment
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