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Balbharati solutions for इकॉनॉमिक्स [अंग्रेजी] कक्षा १२ महाराष्ट्र राज्य बोर्ड chapter 4 - Supply Analysis [Latest edition]

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Balbharati solutions for इकॉनॉमिक्स [अंग्रेजी] कक्षा १२ महाराष्ट्र राज्य बोर्ड chapter 4 - Supply Analysis - Shaalaa.com
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Solutions for Chapter 4: Supply Analysis

Below listed, you can find solutions for Chapter 4 of Maharashtra State Board Balbharati for इकॉनॉमिक्स [अंग्रेजी] कक्षा १२ महाराष्ट्र राज्य बोर्ड.


Exercise
Exercise [Pages 44 - 45]

Balbharati solutions for इकॉनॉमिक्स [अंग्रेजी] कक्षा १२ महाराष्ट्र राज्य बोर्ड 4 Supply Analysis Exercise [Pages 44 - 45]

Exercise | Q 1. (1) | Page 44

When the supply curve is upward-sloping, its slope is ______.

  • Positive

  • Negative

  • First positive then negative

  • Zero

Exercise | Q 1. (2) | Page 44

Complete the following statement:

An upward movement along the same supply curve shows _______.

  • contraction of supply

  • decrease in supply

  • expansion of supply

  • increase in supply

Exercise | Q 1. (3) | Page 44

A rightward shift in the supply curve shows _______.

  • contraction of supply

  • decrease in supply

  • expansion of supply

  • increase in supply

Exercise | Q 1. (4) | Page 45

Complete the following statement:

Other factors remaining constant, when less quantity is supplied only due to a fall in price, it shows ________.

  • contraction of supply

  • decrease in supply

  • expansion of supply

  • increase in supply

Exercise | Q 1. (5) | Page 45

Net addition made to the total revenue by selling an extra unit of a commodity is ______.

  • total revenue

  • marginal revenue

  • average revenue

  • marginal cost

Exercise | Q 2. (1) | Page 45

Complete the correlation:

Expansion of supply : Price rises :: Contraction of supply : _______

Exercise | Q 2. (2) | Page 45

Complete the Correlation:

Total revenue : __________ :: Average revenue : `"TR"/"TQ"`

Exercise | Q 2. (3) | Page 45

Total cost : TFC + TVC :: Average cost : _______

Exercise | Q 2. (4) | Page 45

Complete the Correlation:

Demand curve : _______ :: Supply curve : Upward

Exercise | Q 2. (5) | Page 45

______ : Change in supply : : Other factors constant : Variation of supply

Exercise | Q 3. (1) | Page 45

Give the economic term:

Cost incurred on fixed factor.

Exercise | Q 3. (2) | Page 45

Give economic terms:

The cost incurred per unit of output.

Exercise | Q 3. (3) | Page 45

Give economic term:

Net addition made to the total cost of production.

Exercise | Q 3. (4) | Page 45

Give economic term:

Revenue per unit of output sold.

Exercise | Q 4. (1) | Page 45

Distinguish between:

Stock and Supply

Exercise | Q 4. (2) | Page 45

Distinguish between Expansion of Supply and Increase in Supply.

Exercise | Q 4. (3) | Page 45

Distinguish between Contraction of Supply and Decrease in Supply.

Exercise | Q 4. (4) | Page 45

Distinguish between Average Revenue and Average Cost.

Exercise | Q 5. (A) | Page 45

Observe the following table and answer the questions:

Supply schedule of chocolates

Price in ₹ Quantity supplied in units
10 200
15 ______
20 300
25 350
30 ______
35 ______
40 ______
  1. Complete the above supply schedule.
  2. Draw a diagram for the above supply schedule.
  3. State the relationship between price and quantity supplied.
Exercise | Q 5. (B) | Page 45

Observe the market supply schedule of potatoes and answer the following question:

Price in ₹ Firms Market supply (kg)
A B C
1 ____ 20 45 100
2 37 30 45 _____
3 40 ____ 55 155
4 44 50 _____ 154
  1. Complete the quantity of potatoes supplied by the firms to the market in the above table.
  2. Draw the market supply curve from the schedule and explain it.
Exercise | Q 6. (1) | Page 45

Explain the concept of total cost and total revenue.

Exercise | Q 6. (2) | Page 45

Explain the determinants of supply.

Exercise | Q 7. (1) | Page 45

State and explain the law of supply with exceptions.

Solutions for 4: Supply Analysis

Exercise
Balbharati solutions for इकॉनॉमिक्स [अंग्रेजी] कक्षा १२ महाराष्ट्र राज्य बोर्ड chapter 4 - Supply Analysis - Shaalaa.com

Balbharati solutions for इकॉनॉमिक्स [अंग्रेजी] कक्षा १२ महाराष्ट्र राज्य बोर्ड chapter 4 - Supply Analysis

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Concepts covered in इकॉनॉमिक्स [अंग्रेजी] कक्षा १२ महाराष्ट्र राज्य बोर्ड chapter 4 Supply Analysis are Concept of Total Output, Law of Supply, Concept of Supply, Determinants of Supply, Concept of Stock, Distinguish between Stock and Supply, Variations in Supply, Changes in Supply, Revenue Concepts, Supply Schedule, Individual Supply Schedule, Market Supply Schedule, Cost Concepts > Total Costs, Cost Concepts > Average Cost, Cost Concepts > Marginal Cost, Total Revenue, Average Revenue, Marginal Revenue.

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