Class 11 Introduction Page 3: NCERT Book Solutions
Class 11 chapter Introduction important extra short questions with solution for board exams and term 1 and term 2 exams.
NCERT Solutions
All chapters of ncert books Micro Economics Introduction Page 3 is solved by exercise and chapterwise for class 11 with questions answers also with chapter review sections which helps the students who preparing for UPSC and other competitive exams and entrance exams.
Class 11 chapter Introduction important extra short questions with solution for board exams and term 1 and term 2 exams. - Introduction - Page 3: NCERT Book Solutions for class 11th. All solutions and extra or additional solved questions for Introduction : Page 3 Micro Economics class 11th:English Medium NCERT Book Solutions. Class 11 chapter Introduction important extra short questions with solution for board exams and term 1 and term 2 exams.
Introduction : Page 3 Micro Economics class 11th:English Medium NCERT Book Solutions
Class 11 chapter Introduction important extra short questions with solution for board exams and term 1 and term 2 exams. - Introduction - Page 3: NCERT Book Solutions for class 11th. All solutions and extra or additional solved questions for Introduction : Page 3 Micro Economics class 11th:English Medium NCERT Book Solutions.
Class 11 Introduction Page 3: NCERT Book Solutions
NCERT Books Subjects for class 11th Hindi Medium
Introduction
Class 11 chapter Introduction important extra short questions with solution for board exams and term 1 and term 2 exams.
Page 3
Production Possibility Curve:
- A production possibility curve shows the various combinations of two commodities that can be produced using the given resouces and technology.
- It was deviced by prof. plaul A. Samuelson.
Features of Production Possibility Curve -
(a) Slopes downward : PPC Slopes downward from left to right because It assumes resources are limited so that to increase the production of one good, some units of other good has to be sacrificed.
(b) Concave to the origin : PPC Concave to the origin because of increasing Marginal Opportunity Cost (MOC) or Marginal Rate of Transformation (MRT). MRT is increasing because all resources are not equally efficient in the production of both goods.
Class 11 chapter Introduction important extra short questions with solution for board exams and term 1 and term 2 exams.
See other sub-topics of this chapter:
1. introduction to micro economics
Class 11 chapter Introduction important extra short questions with solution for board exams and term 1 and term 2 exams. - Introduction - Page 3: NCERT Book Solutions for class 11th. All solutions and extra or additional solved questions for Introduction : Page 3 Micro Economics class 11th:English Medium NCERT Book Solutions. Class 11 chapter Introduction important extra short questions with solution for board exams and term 1 and term 2 exams.
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Notes And NCERT Solutions
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Micro Economics Chapter List
Introduction
Theory of Consumer Behaviour
Theory of Demand and Supply
Theory of Production, Cost and Revenue
Forms of Market and Its Equilibrium