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CBSE Class 11-commerce Answered

what ic economics
Asked by lokeshrao4470 | 03 Dec, 2019, 06:52: PM
answered-by-expert Expert Answer
Economics is a social science that studies the economic problem of scarcity and unlimited wants.
It aims at allocation of scarce resources in such a way that consumers wants can be satisfied, producers can earn profits and there can be social welfare. 
It studies the economy at the micro level as well as the macro level. 
Answered by Christina | 04 Dec, 2019, 09:26: AM

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CBSE 11-commerce - Microeconomics
how to find TU  
Asked by manyaraj079 | 19 Jul, 2020, 03:30: PM
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CBSE 11-commerce - Microeconomics
Costumer
Asked by www.ankitachandola.5327163 | 28 May, 2020, 09:32: PM
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CBSE 11-commerce - Microeconomics
Prepare a PPC for rs.10000 for an FMCG company producing Two products biscuit and chips: the making cost is rs 10 and rs 20 respectively. Minimum 5 possibilities  must be shown in table and graph.
Asked by slhotchandani | 25 May, 2020, 02:41: PM
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CBSE 11-commerce - Microeconomics
What will be the impact of recently launched “Clean India Mission” (Swachh Bharat Mission) on production possibility curve of the economy and why?  
Asked by nakshata.agarwal | 17 May, 2020, 11:08: AM
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CBSE 11-commerce - Microeconomics
Central problems of economy  
Asked by chaudharymonu252 | 15 Apr, 2020, 09:59: PM
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CBSE 11-commerce - Microeconomics
explain shifts in demand and supply with diagram  
Asked by reshmamangalagi44 | 29 Mar, 2020, 10:28: AM
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CBSE 11-commerce - Microeconomics
Difference between extension in supply and increase in supply
Asked by mugdhapandya2008 | 14 Mar, 2020, 09:36: PM
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CBSE 11-commerce - Microeconomics
Differentiate between changes in demand and changes in quantity demand with diagrams  
Asked by ramyasoniyaa | 24 Feb, 2020, 08:00: PM
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CBSE 11-commerce - Microeconomics
Why is total variable cost curve inverse S-shaped?
Asked by athul32130 | 23 Feb, 2020, 08:06: PM
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CBSE 11-commerce - Microeconomics
Suppose the value of demand and supply curve of a commodity X is given by the following two equation simultaneously:             Qd=200-10p            Qs=50+15p a)       Find the equilibrium price and equilibrium quantity of commodity X b)      Suppose that the price of a factor inputs used in producing the commodity has changed ,resulting in the new supply curve given by the equation                      Qs=100+15p        Analyse the new equilibrium price and new equilibrium quantity as against the original equilibrium price and equilibrium quantity
Asked by athul32130 | 21 Feb, 2020, 12:18: PM
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