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Non-Competitive Markets

Question
CBSEENEC12012690
Wired Faculty App

What is the difference between planned and unplanned inventory accumulation? 

Solution
Planned change in inventory refers to change in stock of inventories occurring in a planned way whereas unplanned inventory refers to the change in stock of inventories occurring in an unplanned way.

Some More Questions From Non-Competitive Markets Chapter

What is meant by macroeconomics?
Give two examples of macroeconomic studies.    
Why is study of problem of unemployment in India a macroeconomic study?

Define microeconomics. 

Distinguish between microeconomics and macroeconomics.
Give an example of showing the difference between microeconomics and macroeconomics. 

National Income (NI)

Final Goods and Intermediate Goods 

Giving reasons categorise the following into intermediate products and final products:
(i) Furniture purchased by a school
(ii) Chalks, dusters purchased by a school.

Consumption Goods and Capital Goods

Flow and Stock Concepts

Giving reasons categorise the following into stocks and flows:
(i) Losses (ii) Capital (iii) Production (iv) Wealth. 

Gross Investment and Net Investment

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Mock Test Series

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