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Economics XII

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07 December

Concept of short-run total cost curves

  • Posted by EbookNepal.COM
  • Categories Economics XII, Grade XII, HSEB Notes

Concept of short-run total cost curves

Concept of short-run total cost curves:  

 Total fixed cost (TFC): It refers to

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07 December

Supply Curve

  • Posted by EbookNepal.COM
  • Categories Economics XII, Grade XII, HSEB Notes

Supply Curve

The supply curve can be defined as locus of quantities of a commodity that would be offered for sale at

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07 December

Rent

  • Posted by EbookNepal.COM
  • Categories Economics XII, Grade XII, HSEB Notes

Rent

Rent According to tradition, rent arises only from land but according to modern economists, it arises not only from land but

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07 December

The Law of diminishing marginal utility:

  • Posted by EbookNepal.COM
  • Categories Economics XII, Grade XII, HSEB Notes

The Law of diminishing marginal utility:

This law was first of all developed by H.H Gossen in 1854 AD, which is also

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07 December

Positive cross elasticity of substitute goods

  • Posted by EbookNepal.COM
  • Categories Economics XII, Grade XII, HSEB Notes

Positive cross elasticity of substitute goods

Cross elasticity of demand is positive because when the price of one commodity i.e. x commodity

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