Producer Behaviour and Supply (CBSE (Central Board of Secondary Education- Board Exam) Class-12 Economics): Questions 106 - 116 of 175

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Question number: 106

» Producer Behaviour and Supply » Revenue

Short Answer Question▾

Write in Short

Define revenue.

Question number: 107

» Producer Behaviour and Supply » Cost

Short Answer Question▾

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Give meaning of ‘opportunity cost’

Question number: 108

» Producer Behaviour and Supply » Supply » Elasticity of Supply

Essay Question▾

Describe in Detail

Draw supply curves with price elasticity of supply throughout equal to (i) Zero (ii) one, (iii) infinity and less than one.

Explanation

… (204 more words) …

Question number: 109

» Producer Behaviour and Supply » Revenue

Essay Question▾

Describe in Detail

Complete the following table:

Output (units)

Average Revenue

Marginal revenue

Total revenue

1

-

15

-

2

-

-

26

3

11

-

-

4

-

3

-

Explanation

… (50 more words) …

Question number: 110

» Producer Behaviour and Supply » Supply » Market Supply

Short Answer Question▾

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What is market supply’?

Question number: 111

» Producer Behaviour and Supply » Production Function

Essay Question▾

Describe in Detail

Explain the central problem ‘how to produce’.

Explanation

… (101 more words) …

Question number: 112

» Producer Behaviour and Supply » Production Function

Essay Question▾

Describe in Detail

Calculate ‘intermediate consumption’ from the following data:

Calculate intermediate consumption

Find the intermediate consumption

-

( Rs. lakhs)

Value of output

200

Net value added at factor cost

80

Sales tax

15

Subsidy

5

Depreciation

20

Explanation

… (20 more words) …

Question number: 113

» Producer Behaviour and Supply » Cost

Short Answer Question▾

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What does cost mean in economics?

Question number: 114

» Producer Behaviour and Supply » Production Function

Short Answer Question▾

Write in Short

Define ‘Production function’

Question number: 115

» Producer Behaviour and Supply » Cost

Essay Question▾

Describe in Detail

Output (units)

Total Variable cost (Rs)

Average variable cost

Marginal cost

1

-

12

-

2

20

-

-

-

-

10

10

4

40

-

-

Explanation

… (63 more words) …

Question number: 116

» Producer Behaviour and Supply » Revenue

Essay Question▾

Describe in Detail

Complete the following table:

Output (units)

Total Revenue ( Rs. )

Marginal Revenue ( Rs. )

Average Revenue ( Rs. )

1

-

-

8

2

-

4

-

3

12

-

4

4

8

-

2

Explanation

… (29 more words) …

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