NCERT Solutions for Class 12 Micro Economics Chapter-2 Consumer Equilibrium NCERT TEXTBOOK QUESTIONS SOLVED Question 1. What do you mean by the budget set of a consumer? Or Define Budget Set. [CBSE 2011, 13] [1 Mark] Answer: Budget set is the collection of all bundles of goods that a consumer can buy with his income at…
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NCERT Solutions for Class 12 Micro Economics Chapter-1 Introduction to Economics NCERT TEXTBOOK QUESTIONS SOLVED Question 1. Discuss the central problems of an economy. [4-6 Marks] Answer: The three central problems of an economy are: What to produce? [CBSE 2004C, 05, 06, 08, 08C, 09, 10; AI 2006, 10] (a) What to produce refers to a…
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NCERT Solutions for Class 12 Micro Economics Chapter-1 Introduction to Economics NCERT TEXTBOOK QUESTIONS SOLVED Question 1. Discuss the central problems of an economy. [4-6 Marks] Answer: The three central problems of an economy are: What to produce? [CBSE 2004C, 05, 06, 08, 08C, 09, 10; AI 2006, 10] (a) What to produce refers to…
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NCERT Solutions for Class 12 Micro Economics Chapter 1 Introduction to Economics Chapter 2 Consumer Equilibrium Chapter 3 Demand Chapter 4 Elasticity of Demand Chapter 5 Production Chapter 6 Cost Chapter 7 Supply Chapter 8 Revenue Chapter 9 Producer Equilibrium Chapter 10 Perfect Competition Chapter 11 Non-Competitive Market Chapter 12 Market Equilibrium with Simple Applications…
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