CBSE Class 12 Economics Solved Question Paper 2012

Short Answer Type

Advertisement
Zigya App

What is the behaviour of average fixed cost as output increases?

Average Fixed Cost refers to the fixed cost per unit of output produced. It is derived by dividing the Total Fixed Cost by total quantity of output produced. When the output increases, average fixed cost decreases.

885 Views
  • Switch
    • Advertisement

    Explain the implication of large number of buyers in a perfectly competitive market.

     

    1758 Views
    Answer

    Draw Average Variable Cost, Average Total Cost ad Marginal Cost curves in a single diagram.

    647 Views
    Answer

    What is market Demand?

    442 Views
    Answer

    Give meaning of an Economy.

    1704 Views
    Answer
    Advertisement

    An individual is both the owner and the manager of a shop taken on rent. Identify implicit cost and explicit cost from this information. Explain.

    854 Views
    Answer

    What is the behaviour of average revenue in a market in which a firm can sell more only by lowering the price?

    661 Views
    Answer

    Given price of a goods, how does a consumer decide as to how much of the good to buy?

    4732 Views
    Answer

    What is a price taker firm?

    533 Views
    Answer
    Advertisement

    What is opportunity cost? Explain with the help of a numerical example.

    1384 Views
    Answer