Skip to main content

12th Economics Classes online - Determinants of Market

12th Economics Classes online - Determinants of Market

Takshila Learning is also bringing to you some theoretical knowledge in the form of blogs and write-ups. The following blog carries detailed information about “Determinants of Market” from Class 12  Economics.
Determinants of Market
A market is a whole of the region in which buyers and sellers of a commodity are in close contact and perform the function of sale and purchase of a commodity.
  • PERFECT KNOWLEDGE
Uniformity in the price of a commodity in different parts of the market will prevail if the buyers and sellers have complete and perfect knowledge about the prices and costs of goods in the market. This will actually give rise to competition in the market.
You can read previous article Economics Notes CBSE Class 12  Exceptions To The Law Of Demand
  • MOBILITY OF GOODS AND FACTORS
If there is no mobility (i.e. freedom of movement) of goods and factors of production of a commodity, the sellers charge different prices for the same commodity in different parts of the market.
  • NATURE OF THE COMMODITY
In case the commodity is homogeneous or identical in nature, it will bag the same price in the market. On the other hand, if the commodity in question is heterogeneous of differentiated in nature, the same commodity is sold at different prices by different sellers ( e.g. tomato ketchup of different brands).
For more such economics notes, online classes for Class 12th commerce, please log in to www.takshilalearning.comand brighten your future by getting associated with us.
Call us : 8800999280/8800999284

Labels:

Comments

Post a Comment

Thank you we will contact ASAP.

Popular posts from this blog

Magnetic and non-magnetic material Class 6 Science

Magnetic and non-magnetic material  Class 6 Science A magnet is a substance that is drawn to certain magnetic materials like iron, cobalt, and nickel. Magnets have the ability to draw iron to them. Natural magnets are rocks that naturally draw iron. Non-magnetic materials include things like wood, rubber, coins, feathers, leather, etc. that are not drawn to iron. Magnet characteristics It pulls magnetic materials, such as iron. The magnet's two ends are referred to as its poles. The magnet's diametrically opposed poles are drawn together. Heating, hammering, or dropping causes it to lose its characteristics. On the basis of properties types of Magnets Temporary magnets are those magnets that are magnetic for only a little duration. Typically, iron, cobalt, or nickel are used to make them. When they are close to the powerful magnet, they act like a magnet. When they are yanked away from the powerful magnet, they stop being magnetic. Permanent magnets are magnets that have magne...
Post a Comment
Read more

Best Sample papers for Bank PO Exam Download

Sample papers for Bank PO Exam | Question Paper for Bank PO : Institute of banking Personnel Selection (IBPS) Department issued a Notification of IBPS PO 2017  exam announced in October month. IBPS Probationary Officer (PO) Online Application Form process will be begin from July 2017. This is a hard exam for all students so aware of its value. Large number of  candidates will participate in this exam. So all candidates should prepare well for it. Check out IBPS, Bank PO Sample papers, Question Paper Pattern, SBI  PO Syllabus ,   IBPS Syllabus  and other IBPS PO Preparation 2017 This paper is identical to any Bank PO Question Paper Pattern. Check whole IBPS Bank “PO question paper” subject wise. IBPS (PO) Paper Pattern Analysis with Syllabus and main topics of IBPS Exam 2017. PO Question Paper Pattern, Bank PO sample Papers for IBPS Bank Exam IBPS PO Exam will be conducted at three levels 1st- PO Preliminary Exam 2nd- PO Mains Exam 3rd- PO Common ...
Post a Comment
Read more

Online/Offline CBSE Coaching Classes for class 9

CBSE Coaching Class 9 :-   In a move to make the digital India and Skill India dream into a reality, we are providing the best courses to our students in e-learning mode. Our program consists of entire 9th class syllabus in a fun learning method with various ways like sounds and animations. Our content is in 2-D & 3-D animation for better understanding of students. So That students will be understand every thing clearly and it makes the learning easy and entertaining. We are offering the following subjects for class 9th Standard:   Maths Class Physics Class Chemistry Class Biology Class Our E-learning provides the best and trained teachers with highly qualified for the respective subjects, they help to improve the students’ performance and to teach the every concept clear and easy in better way. Our main motive is to help students to learn well and gain more marks with making  their basic concept strong and good knowledge base ...
Post a Comment
Read more