Money and Banking — Economics STD 12 Humanities & Commerce — Question

Show the determination of equilibrium price with the help of schedule.

Find net value added at market price:

		(Rs. lacs)
(i)	Fixed capital good with a life span of 5 years	15
(ii)	Raw materials	6
(iii)	Sales	25
(iv)	Net change in stock	(−) 2
(v)	Taxes on production	1

What will be the impact of improvement in technology of good X while deterioration of technology of good Y simultaneously, on the PPC of home country.

Assuming real income to be Rs. 200 crane and price index to be 135, Calculate nominal income.

Explain the free entry and exit of firms' feature of monopolistic competion.

Give three examples of microvariables and macrovariables.

In India unemployment is a major problem, If aggregate demand is equal to aggregate supply, can it be called a situation of equilibrium?

Define capital transfers.

Draw Total Variable Cost, Total Cost, and Total Fixed Cost curves in a single diagram.

Define total fixed cost (Supplement/ Indirect/ overhead cost).

OR

Define fixed cost.

OR

 What is meant by fixed (supplementary) costs of a firm? Give examples.