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From: Reply 1 of 20Reply
Subject:
From: sherelReply 2 of 20Reply
Subject: Contributed Answer/Explanation to Q. 2
   Inflation is a situation in which prices of goods and services constantly
   rise and at a fast pace

Posted at: Wed Dec 23 08:12:57 2009 (GMT)

From: sherelReply 3 of 20Reply
Subject: Contributed Answer/Explanation to Q. 4
   The accumilation of capital directly depends upon the volume of savings.
   Saving in turn depend upon (a) The power to save, (b) Will to save and (c)
   facilites of saving. ( i.e.The development of banking facilites).  

Posted at: Wed Dec 23 08:22:00 2009 (GMT)

From: sherelReply 4 of 20Reply
Subject: Contributed Answer/Explanation to Q. 6
   income and fast development in urban areas
   <p>
   When a worker moves from one type of work and its status in society goes up
   or down is called social mobility.ex- if a sweeper takes a job of a brahmin.
   
   </p>
   <p>
    
   </p>
   <p>
   When a worker moves from one place to another ( i.e. from one town to
   another or from one state to another) to take some job there it is known as
   geographical mobilty. 
   </p>

Posted at: Wed Dec 23 08:29:30 2009 (GMT)

From: ammu10Reply 5 of 20Reply
Subject: Contributed Answer/Explanation to Q. 5
   1)increased employment oppurtunities

Posted at: Fri Jan 15 12:48:47 2010 (GMT)

From: ammu10Reply 6 of 20Reply
Subject: Contributed Answer/Explanation to Q. 6
   An increase in the price of rice will lead to a decrease in the supply of
   wheat .

Posted at: Fri Jan 15 12:56:56 2010 (GMT)

From: stuti95Reply 7 of 20Reply
Subject: Contributed Answer/Explanation to Q. 15
   the curve represents the giffen goods or the inferior goods these are those
   goods whose demand does not increase with fall in price e.g the english work
   men who depend bread & meat

Posted at: Sun Jul 18 16:48:16 2010 (GMT)

From: mtilwaniReply 8 of 20Reply
Subject: Contributed Answer/Explanation to Q. 2
   inflation means an aggregate rise in a price level. firsly, it means a
   rising price level and secondly, it is an aggregate rise in price level.
   similarly, in deflation, the price level decreases.

Posted at: Sun Oct 24 00:55:59 2010 (GMT)

From: mtilwaniReply 9 of 20Reply
Subject: Contributed Answer/Explanation to Q. 9
   elastic
   the demand for it is elastic because if the price of car falls by say, 20 %
   its demand may increase by 80%. thus, it is relatively elastic demand for
   such a good.

Posted at: Sun Oct 24 00:57:55 2010 (GMT)

From: mtilwaniReply 10 of 20Reply
Subject: Contributed Answer/Explanation to Q. 10
   inelastic
   it is a necessary good and is required to save life of a person. the
   increase or decrease in price does not much influence its demand for that
   period.

Posted at: Sun Oct 24 00:59:23 2010 (GMT)

From: mtilwaniReply 11 of 20Reply
Subject: Contributed Answer/Explanation to Q. 11
   inelastic
   it is a necessity item.

Posted at: Sun Oct 24 01:01:31 2010 (GMT)

From: mtilwaniReply 12 of 20Reply
Subject: Contributed Answer/Explanation to Q. 12
   inelastic
   a cumpulsory thing for students studying in class X.

Posted at: Sun Oct 24 01:02:24 2010 (GMT)

From: mtilwaniReply 13 of 20Reply         View replies (1)
Subject: Contributed Answer/Explanation to Q. 15
   giffen effect
   the above diag. shows an example of giffen goods whose demand rises with an
   increase in price. these are corse quality of goods.

Posted at: Sun Oct 24 01:04:41 2010 (GMT)

From: mtilwaniReply 14 of 20Reply
Subject: Contributed Answer/Explanation to Q. 15
   giffen effect
   the above diag. shows an example of giffen goods whose demand rises with an
   increase in price. these are coarse quality of goods. 

Posted at: Sun Oct 24 01:04:55 2010 (GMT)

From: jwalasmanojReply 15 of 20Reply
Subject: Contributed Answer/Explanation to Q. 16
   monoposony-because government is single buyer

Posted at: Sat Nov 6 13:27:05 2010 (GMT)

From: essaroxxReply 16 of 20Reply
Subject: Contributed Answer/Explanation to Q. 2
   Inflation is defined as the state when the value of money is falling, that
   is. price is increasing.

Posted at: Tue Dec 28 05:16:19 2010 (GMT)

From: essaroxxReply 17 of 20Reply
Subject: Contributed Answer/Explanation to Q. 11
   Inelastic
   Salt has an insignificant share in consumers'  bugdet.

Posted at: Tue Dec 28 05:19:54 2010 (GMT)

From: essaroxxReply 18 of 20Reply
Subject: Contributed Answer/Explanation to Q. 14
   1
   
   price    quantity   total expenditure
   
   
   15       100          1500
   
   
   10       150          1500
   
   
    
   
   
   Elasticity = total exp. after price fall 
   
   
                    total exp. before price fall 
   
   
                 = 1500   = 1
   
   
                     1500 

Posted at: Tue Dec 28 05:27:25 2010 (GMT)

From: essaroxxReply 19 of 20Reply
Subject: Contributed Answer/Explanation to Q. 36
   Disinvestment is th etransfer of ownership of enterprise from public
   sector(government) to private sector(business)

Posted at: Tue Dec 28 05:35:01 2010 (GMT)

From: essaroxxReply 20 of 20Reply
Subject: Contributed Answer/Explanation to Q. 41
   It decreases
   At low wages, a labourer would prefer to work more to provide for his
   family's needs and would also put his womenfolk to work. Once he starts
   getting more wages, he would prefer leisure to work and would also remove
   his womenfolk from work. Thus the supply curve bends downwards.

Posted at: Tue Dec 28 05:41:59 2010 (GMT)

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