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Answered on 27 Apr CBSE/Class 11/Commerce/Economics

Er. Sudhir Singh

Maths Tutor

give miss calll on toll-free no. for call back
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Answered on 18 Mar CBSE/Class 11/Commerce/Economics Tuition/Class XI-XII Tuition (PUC)

Ranvijay Pal

Tutor

Yes there is relation between these two variables. The relation can be observed in two ways. One is Effect of price on its supply and the other is effect supply on its price. EFFECT OF PRICE ON ITS SUPPLY: Other things being contact, when price increases, the supply expands and when the price decreses,... read more

Yes there is relation between these two variables. The relation can be observed in two ways. One is Effect of price on its supply and the other is effect supply on its price.

EFFECT OF PRICE ON ITS SUPPLY:

Other things being contact, when price increases, the supply expands and when the price decreses, there is contraction in supply.

EFFECT OF SUPPLY ON ITS PRICE:

Other things including price being constant, if Supply of a comodity increases and exceeds demand, then price declines, but when the supply decreases and defeated by demand, then price goes up due to demand being more than supply.

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Answered on 14 Apr CBSE/Class 11/Commerce/Economics Tuition/Class XI-XII Tuition (PUC)

Mixed economy is the basic framework of planning in India. Justify the above statement?

Rajan Kumar Mishra

Teachar

Mixed economy is an economic system in which major economic decisions are taken by the Central Government authority as well as is left to free play of the market. It is the basic framework of planning in India. In this economy the market will provide whatever goods and services, it can produce well and... read more

Mixed economy is an economic system in which major economic decisions are taken by the Central Government authority as well as is left to free play of the market. It is the basic framework of planning in India. In this economy the market will provide whatever goods and services, it can produce well and the government will provide essential goods and services which the market fails to provide.
Merits of Mixed Economy—
(i) It gives proper scope for fun play of private initiative and profit motive.
(ii) Planned economy development ensures stability and balanced development.
(iii) Competition between the private sector and public sector industries is generated to maximise productivity.

 

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Answered on 06 May CBSE/Class 11/Commerce/Economics Tuition/Class XI-XII Tuition (PUC)

Why is it essential to have different CPI for different categories of consumers?

Karan Singh

Private Tutor

It is essential to have different CPI for different categories of consumers as each categories consumption baskets contain many dissimilar items. Generally In India, there are 3 CPI’s are constructed1) for industrial workers. 2) urban non-manual employees. and3) agricultural labourers. read more

It is essential  to have different CPI for different categories of consumers as each categories consumption baskets contain many dissimilar items.

Generally In India, there are 3 CPI’s are constructed
1) for industrial workers.


2) urban non-manual employees.

and
3) agricultural labourers.

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Answered on 29 Mar CBSE/Class 11/Commerce/Economics Tuition/Class XI-XII Tuition (PUC)

What are the desirable properties of the base period?

Sapna

Mind Reader

Base year is the year of reference from which you wants measure extent of change in the current year and its index no. Generally assumed to be 100
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Answered on 06 Apr CBSE/Class 11/Commerce/Economics Tuition/Class XI-XII Tuition (PUC)

Scatter diagram studies correlation between two variables but it does not measure the precise extent... read more
Scatter diagram studies correlation between two variables but it does not measure the precise extent of correlation. In the context of above statement explain the merits and demerits of scatter diagram. read less

EduDais Academy

Merits Demerits It can be easily understood and interpreted. Scatter diagrams do not measure the precise extent of correlation. Values of extreme items do not make any difference. Such points are always isolated in diagram. Scatter diagram shows only a quantitative expression... read more
Merits Demerits

It can be easily understood and interpreted.

Scatter diagrams do not measure the precise extent of correlation.

Values of extreme items do not make any difference.

Such points are always isolated in diagram.

Scatter diagram shows only a quantitative expression of the quantitative change.
   
   
   
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Answered on 01 Mar CBSE/Class 11/Commerce/Economics Tuition/Class XI-XII Tuition (PUC)

Reshma K.

Maths and Economics Tutor

These numbers will not be called stAtistics as they are neither mutually related nor comparable.in order to compare the data it is essential that statistics are uniform in quality.data of different qualities and kinds cannot be compared.
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Answered on 15 May CBSE/Class 11/Commerce/Economics Tuition/Class XI-XII Tuition (PUC)

Which type of deposits with the banks are called demand deposits?

Vijaya Kumar

hose deposits in the bank accounts that can be withdrawn on demand, are called demand deposits.Some importantfeatures of demand deposits are(i) Demand deposits are accepted widely as a means of payment by way of a cheque along with currency.(ii) They are closely linked to the working of the modern banking... read more

hose deposits in the bank accounts that can be withdrawn on demand, are called demand deposits.
Some importantfeatures of demand deposits are
(i) Demand deposits are accepted widely as a means of payment by way of a cheque along with currency.
(ii) They are closely linked to the working of the modern banking system. Such deposits earn an amount as interest.

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Answered on 03 May CBSE/Class 11/Commerce/Economics Tuition/Class XI-XII Tuition (PUC)

Why there has been a continuous rise in prices in India during the last few years?

Sanjay Ambadas Shinde

Rise in population and demand increase not regular rain because the development of city's factory an vehicle is include The air pollution an the rain was un regular is it effect of prize of India read more

Rise in  population  and  demand  increase   not  regular  rain  because  the  development  of   city's  factory  an  vehicle  is  include The  air  pollution  an  the  rain  was  un regular   is  it  effect  of  prize  of  India  

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Answered on 14 Feb CBSE/Class 11/Commerce/Accountancy Tuition/Class XI-XII Tuition (PUC)

Priyanka Vijayananth

I am Searching for new authors ??

Pay-in-slip is a form available in banks and is used to deposit money into a bank account.
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