Please select a subject first
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Give economic terms:
Additional utility derived by a consumer from an additional unit consumed.
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Assertion (A): Marginal utility (MU) goes on diminishing.
Reasoning (R): Total utility (TU) increases at a diminishing rate.
Concept: undefined >> undefined
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Distinguish between:
Joint/complementary demand and competitive demand.
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Find the odd word out:
Direct demand:
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Complete the correlation:
Trade between India and Iran : International trade : : Trade between Maharashtra and Madhya Pradesh : ______
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Identify and explain the concept from the given illustration:
Deepak decided to count how many times he had to travel by train in a period of one month.
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Identify and explain the concept from the given illustration:
Maharashtra sold mangoes to Himachal Pradesh.
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Study the following table and answer the questions:
| Price of Chocolate (₹) | Quantity Demanded | Market Demand | ||
| Consumer A | Consumer B | Consumer C | (A + B + C) | |
| 50 | 4 | 9 | 20 | 33 |
| 100 | 3 | `square` | 15 | 26 |
| 150 | `square` | 7 | 10 | 19 |
| 200 | 1 | 6 | 5 | `square` |
| 250 | 0 | 5 | `square` | 5 |
Questions:
- Complete the above table.
- State whether the following statements are True or False:
(a) As the price rises from ₹50 to ₹250, market demand falls from 33 to 5. This fall in market demand is known as the decrease in demand.
(b) There is an inverse relationship between price and market demand.
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Explain the concept of internal trade.
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Complete the correlation:
______ : Microeconomics : : Aggregate demand : Macroeconomics.
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Find the odd word out:
Useful products:
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Find the odd word out:
Types of demand:
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Give an economic term:
Deposits that are withdrawable on demand.
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Identify and explain the following concept:
Due to mandatory use of masks during corona epidemic the demand for mask-producing labour has increased.
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State with reasons whether you agree or disagree with the following statements:
When price of Giffen goods fall, the demand for it increases.
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State with reasons whether you agree or disagree with the following statements:
When price of Giffen goods fall, the demand for it increases.
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Explain the relationship between Total utility and Marginal utility.
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Change in the price of substitute goods affects the demand for another goods.
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Population is the only determinant factor of demand.
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Explain with reasons, whether you agree or disagree with the following statement
Cash reserve ratio is a quantitative measure of credit control.
Concept: undefined >> undefined
