Topper's Solved these Questions
Similar Questions
Explore conceptually related problems
SANDEEP GARG-INTRODUCTION-SHORY ANSWER TYPE QUESTION 3-4 MARKS EACH
- Explain 'what to produce' with the help of an example OR Explain t...
Text Solution
|
- Explain the central problem of "for whom to produce" OR Explain th...
Text Solution
|
- What is a production possibility frontier?
Text Solution
|
- Why do central problems arise? Explain.
Text Solution
|
- Explain why a production possibilities curve is concave.
Text Solution
|
- Draw a production possibility curve and show the following situations ...
Text Solution
|
- What does a production possibility curve show? When will it shift to t...
Text Solution
|
- How is production possibility curve affected by unemployment in the ec...
Text Solution
|
- What is meant by marginal opportunity cost? Why is marrignal oppoutuni...
Text Solution
|
- Give the various reasons for shift in production possibility curve.
Text Solution
|
- Define Marginal Rate of Transformation (MRT).
Text Solution
|
- Define Production Possibilities Curve. Explain why it is downward slop...
Text Solution
|
- Explain the meaning of opportunity cost with the help of production po...
Text Solution
|
- State any three assumptions on which a 'Production Possibilities Curve...
Text Solution
|
- State the meaning and properties of producftion possibilities frontier...
Text Solution
|
- What will be the effect on PPC of Bihar if better job opportunities ar...
Text Solution
|
- Using a diagram explain what will happen to the PPC of Bihar if the ri...
Text Solution
|
- State the central problems of an economy.
Text Solution
|
- What will likely be the impact of large scale outflow of foreign capit...
Text Solution
|
- Define Marginal Opportunity cost.
Text Solution
|