Download App

Introduction of Micro-Economics — Economics STD 11 Commerce — Question

CBSE BoardEnglish MediumSTD 11 CommerceEconomicsIntroduction of Micro-Economics1 Mark
Question
What is economics?
✓

Answer

Economics is about studying economic problems arising due to limited means (having alternative uses) in relation to unlimited wants.

Need a full question paper?

Generate a complete, print-ready paper with questions like this in minutes — across 16+ boards, with answer keys.

Start Generating Free

Explore more

More "1 Marks Question" from Introduction of Micro-Economics→Introduction of Micro-Economics — all question types→Economics STD 11 Commerce question papers→CBSE Board STD 11 Commerce question papers→CBSE Board question paper generator→

Similar questions

How is equilibrium price affected by decrease in demand?
→
Giving reasons, state whether the following statement are true or false.Can Marginal revenue be negative.
→
Why is a PPC downward sloping from left to right?
→
Explain how is it possible for marginal product to fall while average product is rising?
→
Marginal physical product.
→
What happens to AC when MC is equal to AC?
→
A firm under monopolistic competition connot decide the price, however it has partial control over it. Why?
→
When does 'decrease' in demand take place?
→
What is the effect on price, when a monopoly firm tries to sell more?
→
What determines the quantity of a good that the buyers demand for?
→