Economics study

                                          सह सम्बन्ध

Concept of utility-  Utility refers to want satisfying capacity of a commodity Total Utility - The sum of utility derived from each successive unit of consumption of a commodity. Marginal Utility -The utility derived from the consumption of an additional unit of a commodity  Formula-  MUn=TUn-TUn-1

  Production Possibility Curve A Production Possibility Curve, also known as Production Possibility Frontier or a PPC is a graphical representation of all possible combinations of amounts of two goods which an economy can produce using its limited resources and available technology. Example:-Table 1 . If all the resources are used in the production of corn, the maximum  amount of corn that can be produced is 4 units and if all resources are used  in the production of cotton, at the most, 10 units of cotton can be produced. The economy can also produce1 unit of corn and 9 units of cotton or 2 units  of corn and 7 units of cotton or 3 units of corn and 4 units of cotton. There  can be many other possibilities. The figure illustrates the production  possibilities of the economy. Any point on or below the curve represents a  combination of corn and cotton that can be produced with the economy’s  resources. The curve gives the maximum amou...

एसबीआई ने एमसीएलआर 0.05% घटाया एसबीआई ने शुक्रवार को एमसीएलआर 0.05% से घटाकर 7.85% करने का ऐलान किया है। इससे एसबीआई के होम और ऑटो लोन सस्ते हो जाएंगे। इसके साथ साथ अन्य बैंकों भी अपने होम लोन ऑटो लोन समेत लोन की दरों में 0.10% कटौती करने की संभावना है। हालांकि स से पहले बैंक रिटेलर कर्ज की दरों घटाने से पहले अपनी जमा की दरों को कम करेंगे। एमसीएलआर दर है जिससे कम पर बैंक कर्ज नहीं दे सकता। इस कटौती से एसबीआई की ग्राहकों को फायदा मिलेगा। जिन्होंने अप्रैल 2016 के बाद लोन लिया है।

The Basic Three Economic Problem ... The existence of scarcity creates the basic economic problem faced by every society, rich or poor: how to make the best use of limited productive resources to satisfy human needs and wants. To solve this basic problem, every society must answer these three basic questions: 1.     WHAT to Produce. 2.     HOW to Produce. 3.     FOR WHOM to Produce .

Change in Tax slab  Budget2020 India                   Incom.      Tax Rate              0-500000.   =NIL   500000-7.50000.  = 10%  7.50000-1000000  = 15% 1000000-12.50000 = 20%

Q.  what is is mean by in economics?  Ans. economy is a system comprising all economic activities directed towards the satisfaction of unlimited wants using the scarce  means.