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Theory of Consumer Behavior.

Economics

answered on 10-Nov-20 23:50

Which formula is used in this Question.

latest answer

Thank You.

ALDRIN G

ALDRIN G

CA Inter

12K+

2

477

Theory of Cost

Economics

answered on 02-Dec-20 05:36

Suppose that a sole proprietors earning total revenue of Rs 1,20,000and is incurring explicit cost of R 90,000. If the owner could work for another company for Rs50,000 a year , we would conclude that: i. The firm incurring economic loss ii. The firm ids incurring economic profit iii. Total economic cost is Rs 210,000 iv. The firm is earning economic profit of Rs 30,000 How should I answer the above MCQ

latest answer

Economic cost= implicit cost+explicit cost here economic cost= 90,000+50,000=1,40,000 and revenue=1,20,000 a firm is having a economic loss of 20,000

lohita Prava

lohita Prava

CA Foundation

35

2

317

Rtp may 19

Economics

answered on 09-Nov-20 07:54

For this question where is the answer provided in the text book ?

latest answer

https://resource.cdn.icai.org/46818bosinter-p8-secb-cp4u2.pdf Page 4.31 - para 5

Swathi Krishna

Swathi Krishna

CA Final

8K+

1

378

Difference ???!

Economics

answered on 09-Dec-20 07:42

'B'oom and 'b'oom difference in business cycle chapter

latest answer

Boom is an phase of business cycle where there is an optimistic behaviour by firms and unemployment is either frictional or structural and prices are rising .boom refers to both expansion and peak phase together

Roshan Zameer

Roshan Zameer

ACCA Professional

24K+

2

353

Rtp nov20

Economics

answered on 07-Nov-20 19:14

Why have they taken this 150, 50 ie "travelers check and other checkable deposits"?

latest answer

K , thanks sir

Swathi Krishna

Swathi Krishna

CA Final

8K+

2

327

Doubt

Economics

answered on 06-Nov-20 13:05

Sir what is meant by last rupee spend on each commodity yields him equal marginal utility..( see below picture)

latest answer

It should be comprehended as even the last rupee spent by a person on a commodity will yield him the same marginal utility

Sri kanaga Varshini

Sri kanaga Varshini

CA Final

3K+

1

323

Doubt

Economics

answered on 09-Nov-20 16:45

Sir how option d is correct for this question I thought it would be option b?? Why I'm wrong

latest answer

Most Welcome

Sri kanaga Varshini

Sri kanaga Varshini

CA Final

3K+

12

408

Doubt

Economics

answered on 05-Nov-20 20:11

What is trade off. ?

latest answer

Same as opportunity cost

Sri kanaga Varshini

Sri kanaga Varshini

CA Final

3K+

2

326

Doubt

Economics

answered on 05-Nov-20 12:05

For this option d is right but I think option c will be correct . Am I correct??

latest answer

Sorry now I understood. My doubt is cleared.

Sri kanaga Varshini

Sri kanaga Varshini

CA Final

3K+

1

338

Doubt

Economics

answered on 05-Nov-20 10:33

Sir is this question formation is wrong??

latest answer

Yes

Sri kanaga Varshini

Sri kanaga Varshini

CA Final

3K+

1

307

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