CBSE Class 12 Economics - Term 1 MCQs (2021-22)Q1: What is the defect of the barter system?(a) Lack of double coincidence of wants (b) Difficulty in the measurement of value (c) Difficulty i
CBSE Class 12 - Economics Preboard Question Paper(2020-21)Economics is the science which deals with production- distribution and consumption of goods. It has both- qualitative as well as quantita
CBSE Class 12 - Economics Sample Question Paper + Solution- (2018-19) Economics is a social science concerned with analysis of Human behaviour in respect of scarcity of means. The
Economics: Supply (Very Short Questions Answers) Q1: Define supply. Answer: Supply may be defined as the amount of a commodity that the producers are willing to offer for sale at differe
Chapter 4: Production Function Very Short Questions and Answers Q1: Define production. Answer: Addition to utility should be regarded as production which brings about an addition in the
