Homework

Homework of economics  for  grade XII management  for 24 NOVEMBER 

For all A,B, C and D Groups

1. Why is Ac curve is always U shaped in the short run?

2. Explain the types of banks.

For group   A

3. Explain the concept of Total Revenue

4. Define Marginal Cost .

For  group   B

1 . Explain the concept of Marginal Revenue.

2 . Define Average cost .

For group   C

1.Explain the concept of Average Revenue .

2.Define Total cost .

For group      D  [ sec  A ]                                                                                                                                                                                   1. What is open economy .

2. . Explain the concept of TC

3. Explain the concept of National Income .

For group D [sec  B]

1.    Derive Macro economics .

2.  Explain the concept of MC 

3. Explain the conept of Personal Income .

For group D [sec C ]

1 Explain the closed economy .

2. Explain the  concept of  AC . 

3. Explain the Concept of Per Capita Income .