NCERT ( MicroEconomics) Class-XII
Playlist: -
| EconomicsDate Added: 2022-05-23 A growth of resources in an economy is shown in Production Possibility by– | ||
| EconomicsDate Added: 2022-05-23 What is another name for opportunity cost in economics? | ||
| EconomicsDate Added: 2022-05-23 The central economy in market research is solved by– | ||
| EconomicsDate Added: 2022-05-23 The primary assumption about resources while drawing a Production Possibility Curve is | ||
| EconomicsDate Added: 2022-05-23 Which of the following is a statement of normative nature in economics? 1. Economics is a study of choices /alternatives. 2. The government should be concerned with how to reduce unemployment. 3. According to the estimate, in spite of severe shortage, more than 10% of houses in Indian cities are vacant. 4. Accommodation of refugees is posing a big problem for Europe. Select the correct answer using the options given below: | ||
| EconomicsDate Added: 2022-05-23 Consider the following statements: 1. In a centrally planned economy, all important decisions regarding production, exchange and consumption of goods and services are made by the government. 2. In a market system, all goods or services come with a price which is agreed upon by the government. The correct statement(s) is/are: | ||
| EconomicsDate Added: 2022-05-23 Which of the following statements regarding utility is/are not true? 1. It is satisfying of a commodity 2. A utility is always miserable 3. It helps a consumer to make choices Choose the correct options given below: | ||
| EconomicsDate Added: 2022-05-23 Which of the following utility approach is based on the theory of Alfred Marshell? | ||
| EconomicsDate Added: 2022-05-23 Which utility is added to the total utility by consuming one additional unit of the commodity? | ||
| EconomicsDate Added: 2022-05-23 Which of the following is correct with respect to 'Law of Diminishing Marginal Utility'? | ||
| EconomicsDate Added: 2022-05-23 The amount of a good that the consumer chooses optimally depends upon? 1. The price of the good itself 2. The prices of other goods 3. The consumer's income 4. Tastes and preferences Choose the correct answer using the options given below: | ||
| EconomicsDate Added: 2022-05-23 Which of the following is/are correct with respect to 'Giffen goods'? 1. The demand for such a good can be inversely or positively related to its price depending on the relative strengths of these two opposing effects. 2. If the income effect is stronger than the substitution effect, the demand for the good would be positively related to its price. The correct statement(s) is/are: | ||
| EconomicsDate Added: 2022-05-23 The price elasticity of demand for a good depends on: 1. The nature of the good 2. The availability of close substitutes of the good. Select the correct answer using the options given below: | ||
| EconomicsDate Added: 2022-05-23 Consider the following statements: 1. The demand curve is generally downward sloping. 2. The market demand curve represents the demand of all consumers in the market taken together at different levels of the price of the good. The correct statement(s) is/are: | ||
| EconomicsDate Added: 2022-05-23 Consider the following: 1. Land 2. Labour 3. Capital 4. Entrepreneurship Which of the above items are factors of production? | ||
| EconomicsDate Added: 2022-05-23 With reference to the features of a perfectly competitive market, consider the following statements: 1. All firms in the market produce certain heterogeneous goods/services. 2. In such a market buyers must accept the prevailing prices but the sellers have the freedom to influence the prices. Which of the statements given above is/are correct? | ||
| EconomicsDate Added: 2022-05-23 In economics, one often encounters the concept of opportunity cost. What does opportunity cost mean? | ||
| EconomicsDate Added: 2022-05-23 Which of the following statements is/are correct regarding a 'Unit tax'? | ||
| EconomicsDate Added: 2022-05-23 Demand of a product/service is generally dependent upon which of the following factor/factors? 1. Price of that product/service 2. Price of alternative products 3. Increase in consumer's income 4. Change in consumer's tastes and preferences Select the correct answer using the code given below: | ||
| EconomicsDate Added: 2022-05-23 In the context of marginal products consider the following statements: 1. Marginal products are reductions to total products. 2. Marginal product is the change in output per unit of change in input when all other inputs are held constant. Which of the statements given above is/are correct? | ||
| EconomicsDate Added: 2022-05-23 How is Total Physical Product derived from Marginal Physical Product? | ||
| EconomicsDate Added: 2022-05-23 Production function shows a technical relationship between physical input and output of a commodity. Which of the following best conveys this? | ||
| EconomicsDate Added: 2022-05-23 The shape of the Total Physical Product short run is | ||
| EconomicsDate Added: 2022-05-23 In the short run Total Product Price changes with the change in which of the following factors: | ||
| EconomicsDate Added: 2022-05-23 Consider the following statements with reference to factors of production. 1. In the short run, at least one of the factor - labour or capital remains fixed. 2. In the long run, all factors of production can be varied. The correct statement(s) is/are: | ||
| EconomicsDate Added: 2022-05-23 When a proportional increase in all inputs results in an increase in output by the same proportion, the production function is said to display | ||
| EconomicsDate Added: 2022-05-23 Consider the following statements: 1. Total cost is the sum of total variable cost and the total fixed cost. 2. Average cost is the sum of average variable cost and average fixed cost. The correct statement(s) is/are: | ||
| EconomicsDate Added: 2022-05-23 The production function of a firm is a relationship between: | ||
| EconomicsDate Added: 2022-05-23 Globalisation has made the Indian market a | ||
| EconomicsDate Added: 2022-05-23 A perfectly competitive market consists of buyers and sellers who are driven by: | ||
| EconomicsDate Added: 2022-05-23 A monopolistic market is a price | ||
| EconomicsDate Added: 2022-05-23 The demand curve of Oligopoly is | ||
| EconomicsDate Added: 2022-05-23 The concept of the supply curve is relevant only for | ||
| EconomicsDate Added: 2022-05-23 In perfect competition, when the marginal revenue and marginal cost are equal, profit is: | ||
| EconomicsDate Added: 2022-05-23 Which of the below-mentioned option is not mentioned in imperfect competition? | ||
| EconomicsDate Added: 2022-05-23 In perfect competition, a company earns an abnormal profit when average revenue exceeds the | ||
| EconomicsDate Added: 2022-05-23 In the monopolistic market, which curves lie below the demand curve and slopes downward? | ||
| EconomicsDate Added: 2022-05-23 When there is a negative sloping straight-line demand curve, the total revenue curve is. | ||
| EconomicsDate Added: 2022-05-23 Cartels exist in | ||
| EconomicsDate Added: 2022-05-23 In monopolistic competition the goods are. | ||
| EconomicsDate Added: 2022-05-23 Which market has the characteristics of product differentiation | ||
| EconomicsDate Added: 2022-05-23 Oligopoly that has identical products is known as | ||