CBSE (Central Board of Secondary Education- Board Exam) Class-12 Economics: Questions 317 - 325 of 523

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Question number: 317

» Market and Price Determination » Market Equilibrium

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Define ‘Marginal Rate of Transformation’.

Question number: 318

» Money and Banking » Commercial Banking System

Essay Question▾

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Explain the lending function of commercial banks.

Explanation

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Question number: 319

» Consumer's Equilibrium and Demand » Demand » Elasticity of Demand

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Price elasticity of demand for good is (-) 2. The consumer buys a certain quantity of this good at a price of Rs. 8 per unit. When the price falls he buys 50 percent more quantity. What is the new price?

Question number: 320

» Producer Behaviour and Supply » Production Function

Essay Question▾

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Explain, with the help of numerical examples, the effect on total output of a good when all the inputs used in production of that good are increased simultaneously and in the same proportion.

Explanation

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Question number: 321

» Consumer's Equilibrium and Demand » Demand » Elasticity of Demand

Essay Question▾

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When price of a good falls from Rs. 10 per unit to Rs. 9 per unit, its demand rises from 9 units to 10 units. Compare expenditures on the good to find price elasticity of demand.

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Question number: 322

» Producer Behaviour and Supply » Production Function

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Explain what happens to losses in the long run if the firms are free to leave the industry.

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Question number: 323

» Producer Behaviour and Supply » Production Function

Essay Question▾

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Explain what happens to the profits in the long run if the firms are free to enter the industry.

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Question number: 324

» Money and Banking » Commercial Banking System

Essay Question▾

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Explain the acceptance of deposits function of commercial banks.

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Question number: 325

» National Income and Related Aggregates » National Disposable Income

Essay Question▾

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If marginal propensity to save is 0.2. How much new investment is required to make the national income rise by Rs. 600 crores? Calculate.

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