Ontput.

allocation -
backbone is
Voaiation funda
due
topzice
apaice.
oVeCOM1n4 tactozS
0n a demanded
indiVidual aoith and paniculad
Micaoecon
omics
algo of
Small income, tho paice and
income
evelg.
Units.
MicooeconomicG
ete. mast ceatain
ononic5. deals and fo demand
Paice ConCeaning_
ofgoods, the amnount
means acCOuntsCommodity
discaimination. Supply.
the quantity
Lconomic
stuies a itis a
pzimaay gesouzceS
micaOec individualfocuse Hhe
of focuses of the at
MicOo Supply onean buy
i55ues This ike and is
and
T! I demmanded
to
’ ’ oggaegatas’issuesI{ of economics
peahaps
demamd
anad pice
aoilling
national
and economy
of iG
qenexal
macaoeconomics
its
VaaiouS Orutpat
aggoegates. demand Compoment
and
(qgaegate paoblem of aae COnomybetueen
anotion's the of quantity
lazge as af
7eanG uholding nation'G theydemamd
aOe
aell natioral fo3
MacaogcoomicS study as
coellL
Concepts people
zelationsip
a5 emloymernt
income.
account
m0C maakeB
focus
on a painmaaymacaOLonOthe The
eConomy
ho aG Paice
levels. of and Demond:
1.Explaim Macro as , hausehold ncome. 2Explain
7mental paoduct
is Buchimcome This Gupply Gupply a
Ihe ho"Tho
It I |tike " of
"
visioN
 of Guply
cohengoods anddecoeases.
and_dema demand
gven aleo iE buy.
amaunt knocn GeG a m03e expects alGo
likeand demand
much also SubslituBe
incaeaof aill
peason
to is
a
affectscoillincomes
coill gefse
the hacw_
at follatoing demand Consumer
aill demand
to hoco
is Guply aill
demand VerGa
seavice cl) demand e
to coilling
a0e maakel cohich demo f then she the
efers and of ahon
aelationship. oo tho demand i
incaeose
ConsumexG
like
it thehe ViceTheof
then_ thon poicas
paicethe aeflectionpaoduct
by factox that then
he If thonand:
Gupliesd in paice: commities
paoduceas
paice. to incaease
seGincaeaGeG papulation doesn!paicehne the
aelati
onchip. offkced
Dekenminatos
of
Demand obviou5
betaeen bac decoeq
paice
QS of ky
demand Gupplied foany futuse this
:Th
quantiBy
Gupply a Gamethimg
ncaeaGe.
featenence in paaucts.
ceatain is is a is_aill lshe
he
aflected
gooda Coaaelation is Paice As
ncaeaGe. of oiseal aelated
the is theaefoze time PoaGon : moae
Gupply
the demandPaice TH 3).Demagaaphy Expectations
the
a Q Seavice
c9 ceatain of
jf :ncome and of
knocwn Tecevina Paice, :
Paice
point Paice
"The :The Tes!
Q
1) 3) 4) 5) 6)
visioN
 aelan monopt
sed sdaugh.
technalogical
Gupply detail.
poimt will fallaedby Consumea
fe~ taxation. at fiams
eG basis the
pooduction thefactox
qiven oupplies
incaeas iz.
Gupplieas destaoysin
quantit:y the flaod much helps
a
factozs: the of buyafecls
stauctuae like types
anoBhex :to
at tho is
Gtaatagies policy The il de
: laage ei.
of becomeg to haco becanyse
seavicethen tha caogtion calamiBy ids
follocoing
profit 2umbeas yesPaoducts
gove3nment eaathquake af
of goods.
demand
detesmine
Gpplieas madke ncenti facilitafes and if
measune
Cs The
incaease Gupply.
cohich changeimpontant
: at
the mOãe Gupaliea :The
diflesent
paiceG. Commmodities.
Of
and natual demand in he
paoduct the Competition induslaial
contaols,
Cyclone. change
of of
Detezmizants
ofGupplyby coill amo ice
yezsa.
ho
volume
development
advancementSupply isq coill paice
coilling
to
Supay epmesents
Guppliegs the is
tho : of
amyaffected
Paice policies
Paice
and cost.
calamitieg: demanded potenial
of elaslicity city
elasticity the
ThGupaly
of the
of tho GtaaBeqy elasti in
of Goveammentlegy loc
y timeiG ha
Quantity Change6
f Namb675
Paice: 5)
Jechno 6)Nahuza >DemandDemand
changes.
The 3.Explain 7nadel
Of
1) 3) 4) 1.
|
visioN
 gelationship
its in
be oa paicing
luxuay.
in Quantity aoods
of paaduck
paice
in
change foa is tho
goods.guide as
to Demanded can aof to
inelastic.
elactic. the change degmand demand
aefeas
ceatain
fochos.
na9ket
ezímpozBant
behaliod. Go
to 2neo paices
optimal_competitive paice impact
incomes.
elastic. thein in quantity
dermand
he necessity
othea helps af
is_called of a change
changes
belaseen in of that
a
of called and factozG. redict
The sticityof
elasticity zimitseting neasuge change elasticity
Gubstitutes. team COnGUMeg
paice ahelhea
a
itis demanded
goods ela
oneig iG of Income
eConomiCG
changes
in one Demand a to z22Labes Paice
demand one
than A
iGimpoatant
This
fo Paoticuad close
help in
guandity
- gesponse
ahich ElasticiBy:
thanto Elasticity to change
othex gaeater paofiB.
Tn2ximize f
a of
evaluate
of egual goods baoaucts
sales.
paoduc
on
of less of Etastieityto hyhy numbes Hha
efectgaasp in of c
many
Elasticity
Elaslicity
Elasticity Paice demandead degneeinfhuencead
Z. Businesses Income to
of
Type
Sensiivily
fiam Changes Vaaious Se
Ge
tocoand The TLGpon
The And
3. 1)
(2.)
Paice.
Poice "The
(2)
z. "A 1. 2.
visioN
Dermade sensitive 5_7iseG,
incaease to falla elasticity
O income of falls O in of B good6
Hhe
Income moae ehsticity aesponsiveneG5
demand change Demanded goads
good
Quantity goods. vea goods pasitive good incaeses infinity
decaeased
coss
ail buing sed
hutuayincaeais
in neceGsilies infeziox a of one SubstituBe
in Change than seauices goods income of o
to Quantity
A Paicea owhethea
on thepositive
goods
elasticity
Jood of gooad5
Change than theia be substitute. n GuhsliluBes,
huxnaynegative the paice
/ neonalaahes & of in in may a goods
+k oate one on Gubstitute to
uge goods demonded CaptuaeG Change fo
Deman
of
ElasticiByclocwen
consumeaG, of CaosSof Change elasticity depending
Hhe othea Rgual
of kely
ided
a gods. og as denand enfect
:- demanded
1n have
/ goods.
demanded luXuayinCome. the of be
commplemezts
dema guantity Elasticityothea
ala .Coill
goode values aoill
aise.
InComes caAGG-jpaice
Elastieitt
Coss foathe aiceof
but because mu
necessities Subslitute
income, guanlity the Guantity
of demand Casedemand
Conveasely,
guantity to
changs Hha
Loao-gzde negative tho
demand- Cao65 paice the
is Puachase auhen
Tha ae Foathe
The GwithThisfho Tho
Income
(3.) the the In of
: : " " "
visioN
 they
paice selegsiG dictating
maakets.individual
using
amount
of is
laage and
aGlate quantity Supplieaspaoducedit
the anadtho but
a least imaginaay Maaket:
aith neligible of
the influencing naEalistic
indicates tho oith
Monopoly the
hus aaethe
incapable
maaket buyezG. theia by Gelleas
Competition
and
goods
Qnd is Commemded fo
azT! the of of to_dicBate be intenest andexia
technigues
:- sellea5 buye15 aae cihexe to
Gcale
Maakel
Competition 1/7nber
0ncapable and
they ConGideaed Peatect
buyea5 costs to
individualguanlitymaaket special 7mobilily ’paoducls
Peafect
factog
entay HomogencouG
nd pasition etuans
Competition thu6 efficien! Paofit
z72aximizalion
is laage
buyezs of umber taansaction buyeas
Peafect
kmocoledge
is of theretical
geason do L
Paopeaty
aights
Peafect Geller Non-incaeasing
a by a thoandtheia efficien
teg116. offoctozs.
maskel Chazacteaisics
af in neyeatheleG5 baazieas
of up negliaible
cleo, 20s
PeatecLumbesBecause
Explain no laxge G
Ratiomal
buyes Picked Zea0
Thethe This
Cae Go A No
G
4.
visioN
combinmonopoly cuhothat a bazqaining
kea
wa foom_
GisiG
m Singlecompetilion. i5
singleselex n0n0poly.
a tenms, paiceS.Go
takez
theze analy
volme
: SuppliedG detail
in
analysis
Let
is Thus.a Maaket paofit
monnpoly Conceaned. .
Chzeekwith
cellea. apaice EVen Pz0fit
ezfect a Paoduction
maaket a set
teso of to ot
in Manapolyas Supeanonal baeak-
a
tegm manns of paoduction
sldpocoez
briyeg6 entaymination
icai
Dis aake
of and costPezunit
Theation the
poly
appasile
Compa of Paicekaunil
Gelig
S= peapeziod
off
of Supliez fullzmahezof obiective
aoill
i- as
buyegsbuyezs of to
GNoGuhstitutes e cut-
Maaket staBe
and tho G BaazieG
Gelles
Gingle Makesof fiam of
is .have mumbez Chazacteaistics fixedcost
=
EC
Single paice baeak
Explain
Genezationtho vaaiable
Volume
a Sents
Single theaefo Go
aaaket nain
Position. a
Monopalyto aae mazket GPaice
o aepae "
Ac
foa
laxge High Poice
G find
5.Explain cwheze Q-
Means
aefeas
Galleg they The =
ThiG
"IE Cwill. L
G G to V
visioN
 the paaaction
aevenue
by BEP total
Called lo65
tariabt
cost
Totat
CosttTFixed
ostt
given is
called
the i9. at to No
is: Salastay
sales uals
is agiven Bquationg gEPaxis Paofis
fiam total Y-
Eixedcoc! aB on evenue
Paoduction_No
he fo chaalHhe
two Poduction
quemtity line cad called
of fiam
(G) + of ,
coct cbove Fig
-Bzeak-even
cost quantily
qet
baeak-even
Gales.
poin
3evenue the BEP(Q point of alGo
of Tatalvaaiable
Hhe tatal
fsBmulas by:
follocoing
CTC) of yolume
intessection
hacak-even
point. itis
gales_baeak-pVen
givem
Sales plo Los5 the so
cost =
is baeak-eVen
TC lineaz and XoxiG ad
Voume
Total
Tota Brak tal
lhe Soles Thelime "On At
cost
"
visioN
 cost/unit Paicet s
putismethan
than be ttnit
Selling o salazie
paoductionexpenGeG
goods
aoill
quantily
baeak-even carn
qaeateg
paofit ble
Tt
ao
Casts) Vaoig
Gales
tin
nits)
cost of asand
a Pgicemit- VaaiableRs.) S(in
in
business
leel
Such
thoQuantty
Cost
total Fixed
cost
baeak-even costs.
make Vaaiable casts month
/oveshaads -aelated.
:tallocws
as - Hhe
unit oveaheod
thaaill + V*O) -Gell3G-VFixed CostPaicel type aaeon pez
áimilazly.-CEixedcost
ad FC costG time
than ina Quanity
thelos5_as + -Gelling FC
G-V wth coste
itable
example.
Vaaious dependen pand
-(Ec Calculated
as
follocG: as
Paofit qua2tity
is_
calculated =
quamtityuMntit) fixed Geavices_paoduced.
to
bebeing
Cost/indizedt
baeak-even sate6 explain econoznicG,
Sates Baeak efesaed
Jass evenue.GalesG*Q even
nat
to
Baeak-even tend
aents
fiamm
Quantity = =
eVen even even that
age
Situation. Paofit and
Paofit
Baeak They often
the total
the Baeok Boeak
6.List >Fzed
"Ih o8
visioN
the
nanth.
month. costie..cloths
Gaaoment
3 by Voaiabe
1month to has Calculated
15 auBput
of pes Vaziable ft.3o
paopaotion
20.000_pez aoduces. ofal
Rsl.20.000 mateaial,
inpuBo1,00,0co_pes the
cost. cdoths.A is costcoith
fixad changein cost
fxed RG. 20 10
f. has
Vaaiable
buGiness Vaaies
diaect Vaniable
ost totalRS. is
alfor paoduces
m9nth
inleze a Ilinputs.
calledlease that the Gatment
e
1
cidding
he l. has
10 5 Total
is on
:ToBal
on pes coststhotusinesG
paoduceould
abos
tho_izecl
and cost:
timelandnoney
cost
aze
seavice clothlabo7)
LaboCpizecd
Mateaials)
(Diaect
cost taking_ixed
fizn_pea VeziableCost
costs a aziable
Fixed kJed
boaao
a AsGume
total
Eg.fiam good this
Vadiahle
Tatal Total
Qridtho the -E.g.
of
So.
-