BookKeeping and Accountancy – October 2014 HSC Board of Maharashtra Previous Year Paper Q1. Attempt any Three of the Following sub – questions:  (1) What is ‘balance sheet’? (2) What is ‘deficit’? (3) What is ‘Sacrifice ratio’? (4) What […]
Maharashtra HSC Board Physics Equation
The Maharashtra State Board of Secondary & Higher Secondary Education Hindi March 2016 HSC Board Exam Paper – Maharashtra HSC Board Exam.
Explanation [Micro economics is known as Price theory]: The subject matter of micro economics includes the theory of product and factor pricing. The theory of product pricing explains how the prices of different commodities such as cloth, wheat, rice, sugar, etc. are determined. The theory of […]
Reasons: The word ‘Micro Economics’ has been derived from the Greek word ‘mikros’ which means ‘small’ Micro economics splits or divides the whole economy into small individual units and then studies each unit separately in detail thereby using slicing method. […]
Reason: Micro economics (Price theory) analyses the patterns of supply and demand so as to determine the price and output in the individual markets. The theories of product pricing and factor pricing help an entrepreneur in various ways. The price […]