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Class 11 Economics Worksheet - 2019 ( Cost, Revenue and Producer Equilibrium)

Uploaded by Mary Dsouza Uploaded on 23 Mar 2019 3,440 views

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ContributorMary Dsouza
PublishedUploaded on 23 Mar 2019
Shared resources377 resources shared
Resource views3,440

About this Worksheet

Class 11 Economics Worksheet - 2019 ( Cost, Revenue and Producer Equilibrium) is a worksheets PDF for CBSE Class 11 Economics students, focused on the Producer Behaviour and Supply chapter.

Topics in this chapter include:

  • Concept of Supply: Supply Schedule, Supply Curve, and Determinants
  • Cost Concepts: Explicit, Implicit, Fixed, Variable, and Total Costs
  • Law of Supply, Movements Along Curve, and Shifts in Supply
  • Price Elasticity of Supply and Percentage Measurement Method
  • Producer Equilibrium Conditions Using MR-MC Approach
  • Production Function: Short Run, Long Run, Total Product, and Marginal Product
  • Revenue Concepts: Total Revenue (TR), Average Revenue (AR), and Marginal Revenue (MR)
  • Short Run Cost Curves Shapes and Interrelationships (ATC, AVC, MC)

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