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Economics, Accounting & Business: Post your doubts here!

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then the answer must be atc..
you were wrong about Fixed Cost, but this question just proves that the answer today was not AVC, & not otherwise. In this question the AVC is minimised at OQ2, in our paper today, it asked about output level OQ3. So if in N11(31)/7, the answer would have been C, then it'd be the same for our paper, but it is B. :p
 
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Yaar it was saying
how net loans was decreased
NET LOANS
loans were created 200 000 20 000 were given out so 180 left
oh my goddd... i added the 20 000....and got it 220 000. any chance of getting it right?? hahah
 
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For the people who thinks that answer of question 1 was C then you can look at this:
In economics, the term economic efficiency refers to the use of resources so as to maximize the production of goods and services.[1]An economic system is said to be more efficient than another (in relative terms) if it can provide more goods and services for societywithout using more resources. In absolute terms, a situation can be called economically efficient if:
  • No one can be made better off without making someone else worse off (commonly referred to as Pareto efficiency).
  • No additional output can be obtained without increasing the amount of inputs.
  • Production proceeds at the lowest possible per-unit cost.
Got that one from Wikipedia I gave the answer A.
 
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does anyone remember the effects required in q30 , on national income, balance of payment or current ac? , and goverment expenditure?
 
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