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CBSE Class 12-commerce Answered

1 What causes ana upward movement along the same supply curve
2 Write two exaples of imlicit cost
3 Define very short period
4 What will be the degree of elasticity of supply curve of 70 degree rising from the origin
5 Differnentiate between fixed and variable factors
6 Which of the following would not cause a change crop in a state 
 a. The winter rains in 2016 has destroyed wheat crop in a state
 b. The prices of wheat rises
 c. Prices of fertilizer , pesticide change
 d. Price of gram which can be sown in the same field increases
8 In what conditions
 a. MR greater than AR
 b. AR equal to MR
 
Asked by Shruti | 12 Aug, 2017, 01:40: PM
answered-by-expert Expert Answer
Increase in quantity supplied of a commodity due to rise in its price causes an upward movement along the supply curve. It implies more is supplied in response to increase in price of the commodity. Kindly post remaining queries individually in the ask the expert session.
Answered by Tharageswari S | 13 Aug, 2017, 10:39: AM
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