Download App

MICROECONOMICS CH : 4 CONSUMER'S EQUILIBRIUM INDIFFERENCE CURVE ANALYSIS — Economics STD 11 Commerce — Question

CBSE BoardEnglish MediumSTD 11 CommerceEconomicsMICROECONOMICS CH : 4 CONSUMER'S EQUILIBRIUM INDIFFERENCE CURVE ANALYSIS4 Marks
Question
Explain briefly the concept of consumer budget.
✓

Answer

SELF

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 "4 Marks Question" from MICROECONOMICS CH : 4 CONSUMER'S EQUILIBRIUM INDIFFERENCE CURVE ANALYSIS→MICROECONOMICS CH : 4 CONSUMER'S EQUILIBRIUM INDIFFERENCE CURVE ANALYSIS — all question types→Economics STD 11 Commerce question papers→CBSE Board STD 11 Commerce question papers→CBSE Board question paper generator→

Similar questions

Calculate the coefficient of correlation from the following data:$\text{Cov.}(\text{X,Y})=488,\sigma_\text{x}=28.70,\sigma_\text{y}=18.2\text{N}=10$
→
Give three mathematical properties of Arithmetic Mean.
→
Distinguish between substitute good and complementary good.
→
What will be the effect of the following changes in total revenue on marginal revenue?
(i) Total revenue increases at a decreasing rate.
(ii) Total revenue increases at a constant rate.
→
→
What weights are given to different industries in IIP?
→
Calculate the co-efficient of correlation for the following data by the actual mean method.
X
65
66
67
68
69
70
71
Y
67
68
66
69
72
72
69
→
A department store sells stereo systems, television sets and radios. The percentage distribution of the total sales volume (in ₹) is estimated as 30% stereos, 50% televisions and 20% radios. The price of one stereo, one television and one radio in 2009 was ₹ 20,000, ₹ 15,000 and ₹ 500 respectively, while their respective price in 2012 were ₹ 25,000, ₹ 20,000 and ₹ 800.
A weighted price index for 2012 with base 2009 is to be computed.
  1. Which index number formula is appropriate? Why?
  2. Compute the index.
→
The following table gives the daily income of ten workers in a factory. Find the arithmetic mean.
Workers
A
B
C
D
E
F
G
H
I
J
Daily Income (in ₹)
120
150
180
200
250
300
220
350
370
260
→
What are the qualities of a good questionnaire?
→