The phrase intellectual property, sometimes known as IP, refers to the creations of the human mind, exclusive to a single person. Intellectual property includes inventions,… Read More
Category Archives: Class 11
The demand for a commodity can be with respect to an individual and an entire market. However, Individual Demand is different from Market Demand. Individual… Read More
What are Normal Goods? The goods whose demand increases when there is an increase in the income of the consumer are known as Normal Goods.… Read More
What are Normal Goods? The goods whose demand increases when there is an increase in the income of the consumer are known as Normal Goods.… Read More
What is a Purchase Return Book? The Purchase Return Book basically refers to the subsidiary book where the record of the ‘return of goods purchased… Read More
The transfer of water, nutrients, and other materials from one section of the plant to another is referred to as transport in plants. Plants rely… Read More
What is Budget Line? The term budget line refers to a graphical representation of all the potential combinations of two commodities that can be bought… Read More
While drawing a budget line, it is assumed that the income of the consumer and the price of the commodities is constant. Therefore, there will… Read More
Exercise 9.2 Long Answer Questions Question 1: How do small-scale industries contribute to the socio-economic development of India? Discuss. Answer: Small-scale industries (SSIs) have been… Read More
CBSE Class 11 Syllabus for the academic year 2023-24. This Class 11 Syllabus has been designed to provide students with a strong foundation for higher… Read More
CBSE Notes for Class 11 provide a well-structured approach for comprehensive study and revision for the class 11 examination. In CBSE Class 11, for the… Read More
In a business, there are numerous transactions that take place on regular basis, these can be the purchase and sale of goods and services, receiving… Read More
What is Business? Business is an economic activity that includes activities related to the sales and purchase of goods and services on a regular basis… Read More
Exercise 11.2 Long Answer Questions Question 1: “International business is more than international trade”. Comment. Answer: It is true that international business is more than… Read More
What is Budget Line? A graphical representation of all possible combinations of two goods which a consumer can purchase with the given prices and income… Read More
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