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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
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
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
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
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
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
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
CA Final
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12
408
Doubt
Economics
answered on 05-Nov-20 20:11
What is trade off. ?
latest answer
Same as opportunity cost
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
CA Final
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1
338
Doubt
Economics
answered on 05-Nov-20 10:33
Sir is this question formation is wrong??
latest answer
Yes
Sri kanaga Varshini
CA Final
★ 3K+
1
307