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![Balbharati solutions for Economics [English] 12 Standard HSC chapter 4 - Supply Analysis - Shaalaa.com](/images/economics-english-12-standard-hsc_6:241bfd6f9011433b9b44c9de23ef18a7.JPG "Balbharati solutions for Economics [English] 12 Standard HSC chapter 4 - Supply Analysis")
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Solutions for Chapter 4: Supply Analysis
Below listed, you can find solutions for Chapter 4 of Maharashtra State Board Balbharati for Economics [English] 12 Standard HSC.
Balbharati solutions for Economics [English] 12 Standard HSC 4 Supply Analysis Exercise [Pages 44 - 45]
When the supply curve is upward-sloping, its slope is ______.
Positive
Negative
First positive then negative
Zero
Complete the following statement:
An upward movement along the same supply curve shows _______.
contraction of supply
decrease in supply
expansion of supply
increase in supply
A rightward shift in the supply curve shows _______.
contraction of supply
decrease in supply
expansion of supply
increase in supply
Complete the following statement:
Other factors remaining constant, when less quantity is supplied only due to a fall in price, it shows ________.
contraction of supply
decrease in supply
expansion of supply
increase in supply
Complete the following statement:
Net addition made to the total revenue by selling an extra unit of a commodity is ______.
total Revenue
marginal Revenue
average Revenue
marginal Cost
Complete the correlation:
Expansion of supply : Price rises :: Contraction of supply : _______
Complete the Correlation:
Total revenue : __________ :: Average revenue : `"TR"/"TQ"`
Total cost : TFC + TVC :: Average cost : _______
Complete the Correlation:
Demand curve : _______ :: Supply curve : Upward
______ : Change in supply : : Other factors constant : Variation of supply
Give economic terms:
The cost incurred on fixed factor.
Give economic terms:
The cost incurred per unit of output.
Give economic term:
Net addition made to the total cost of production.
Give economic term:
Revenue per unit of output sold.
Distinguish between:
Stock and Supply
Distinguish between Expansion of Supply and Increase in Supply.
Distinguish between Contraction of Supply and Decrease in Supply
Distinguish between Average Revenue and Average Cost.
Observe the following table and answer the questions:
Supply schedule of chocolates
| Price in ₹ | Quantity supplied in units |
| 10 | 200 |
| 15 | ______ |
| 20 | 300 |
| 25 | 350 |
| 30 | ______ |
| 35 | ______ |
| 40 | ______ |
- Complete the above supply schedule.
- Draw a diagram for the above supply schedule.
- State the relationship between price and quantity supplied.
Observe the market supply schedule of potatoes and answer the following question:
| Price in ₹ | Firms | Market supply (kg) | ||
| A | B | C | ||
| 1 | ____ | 20 | 45 | 100 |
| 2 | 37 | 30 | 45 | _____ |
| 3 | 40 | ____ | 55 | 155 |
| 4 | 44 | 50 | _____ | 154 |
- Complete the quantity of potatoes supplied by the firms to the market in the above table.
- Draw the market supply curve from the schedule and explain it.
Explain the concept of total cost and total revenue.
Explain the determinants of supply.
State and explain the law of supply with exceptions.
Solutions for 4: Supply Analysis
Balbharati solutions for Economics [English] 12 Standard HSC chapter 4 - Supply Analysis
Shaalaa.com has the Maharashtra State Board Mathematics Economics [English] 12 Standard HSC Maharashtra State Board solutions in a manner that help students grasp basic concepts better and faster. The detailed, step-by-step solutions will help you understand the concepts better and clarify any confusion. Balbharati solutions for Mathematics Economics [English] 12 Standard HSC Maharashtra State Board 4 (Supply Analysis) include all questions with answers and detailed explanations. This will clear students' doubts about questions and improve their application skills while preparing for board exams.
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Concepts covered in Economics [English] 12 Standard HSC chapter 4 Supply Analysis are Supply, Concept of Total Output and Stock, Concept of Supply - Supply Schedule and Supply Curve, Law of Supply, Determinants of Supply, Assumptions of the Law of Supply, Exceptions to the Law of Supply, Variations in Supply, Changes in Supply, Concepts of Cost, Concept of Revenue.
Using Balbharati Economics [English] 12 Standard HSC solutions Supply Analysis exercise by students is an easy way to prepare for the exams, as they involve solutions arranged chapter-wise and also page-wise. The questions involved in Balbharati Solutions are essential questions that can be asked in the final exam. Maximum Maharashtra State Board Economics [English] 12 Standard HSC students prefer Balbharati Textbook Solutions to score more in exams.
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