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Seemakumari
Seemakumari
Asked: March 29, 2022In: Class 12 Economics

What is meant by law of variable proportion?

The term might sound confusing but look for the answer the book. It is not there and even if you find one. It is described in a way that you have to memories it. Instead of understanding. So I checked ...

class 12 economicsmacro economics class 12
  • 1 1 Answer
  • 25 Views
  • 7 Votes
Answer
SimmerArrora
SimmerArrora
Asked: March 29, 2022In: Class 12 Economics

What is meant by total physical product of an input?

This the question from Macroeconomics, NCERT solutions for class 12. Here I have certain doubts about the concept of this question. The tem could refer something else. Do you know any other way to explain this question easy?

class 12 economicsmacro economics class 12
  • 1 1 Answer
  • 23 Views
  • 6 Votes
Answer
Aahanamukherjee964
Poll
Aahanamukherjee964
Asked: March 27, 2022In: Class 12 Economics

the law of demand states __________ relaship between quantity demanded of a good and its price

This question is taken from consumer’s Equilibrium and demand chapter 2, from class 12th NCERT solution for 2022 – 2023 sesstion exams. The question is among important question.

class 12 economicseconomics important question
  • 3 3 Answers
  • 38 Views
  • 5 Votes
Answer
Tinku574
Poll
Tinku574
Asked: March 27, 2022In: Class 12 Economics

Which of the following concepts used to differentiate between market price and factor cost:

I was practicing the questions for the MCQ exams for the session 2022- 2023 from NCERT solution for Economics of class 12th. I was stuck in this question. Tell me the answer if anyone get it.

class 12 economicsmacro economics class 12
  • 1 1 Answer
  • 30 Views
  • 5 Votes
Answer
Subham985
Subham985
Asked: March 27, 2022In: Class 12 Economics

National income is a flow variable?

This question was given in class 12 NCERT economics. And I tried to Google and I saw many questions been addressed here by the students and teachers. Lemme try my luck.

class 12 economicsmacro economics class 12
  • 1 1 Answer
  • 24 Views
  • 3 Votes
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