VBQs Market Equilibrium Class 12 Economics

Very Short Answer Type Questions Question. What is meant by utility?Answer : Utility is the power of goods to satisfy human wants. Question. What is Law of Diminishing Marginal Utility?Answer : Law of diminishing marginal utility states that as more and more units of a commodity are consumed marginal utility derived from every additional unit must decline. Question. State […]

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VBQs Correlation Class 11 Economics

VBQs Correlation Class 11 Economics with solutions has been provided below for standard students. We have provided chapter wise VBQ for Class 11 Economics with solutions. The following Correlation Class 11 Economics value based questions with answers will come in your exams. Students should understand the concepts and learn the solved cased based VBQs provided […]

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VBQs Introduction Class 11 Economics

VBQs Introduction Class 11 Economics with solutions has been provided below for standard students. We have provided chapter wise VBQ for Class 11 Economics with solutions. The following Introduction Class 11 Economics value based questions with answers will come in your exams. Students should understand the concepts and learn the solved cased based VBQs provided […]

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VBQs Index Numbers Class 11 Economics

VBQs Index Numbers Class 11 Economics with solutions has been provided below for standard students. We have provided chapter wise VBQ for Class 11 Economics with solutions. The following Index Numbers Class 11 Economics value based questions with answers will come in your exams. Students should understand the concepts and learn the solved cased based […]

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VBQs Production and Costs Class 12 Economics

Very Short Answer Type Questions Question. Define marginal product.Answer : Marginal product is net addition to total product when one additional unit of variable factor is used. Question. Why does the difference between average total cost and average variable cost falls with increase in output?Answer : It is because average fixed cost goes on falling with increase […]

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