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This channel is created with an aim to provide UPSC specific notes of Economy for both prelims and mains.
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The latest Messages
2021-08-17 07:31:02
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605 views04:31
2021-08-17 07:30:09
DIFFERENT POINTS ON A CURVE
Point X represents underutilization of
resources;point Y represents infeasible option i.e. non-feasibility of the chosen combination (beyond the capacity);while points A, B and C represent the full utilization of resources.
859 views04:30
2021-08-17 06:30:05
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1.2K views03:30
2021-08-17 04:38:19
Members who have just joined this channel are requested to join our main channel too.
It is one of the biggest channel on telegram with 72 thousand aspirants.
This channel provides quality notes of Prelims as well as mains.
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2.0K views01:38
2021-08-16 18:30:04
PRODUCTION POSSIBILITY CURVE:
With the available amount of
resources and technology, the various alternative combinations of production of a set of two goods are plotted to give a production possibility curve.
It is also known as Production
Possibility Frontier or Transformation curve.The curve helps in deciding "what to produce".
Thus, the curve provides all the
production possibilities available, out
of which the most economically or
physically viable one could be chosen
to maximize profit and minimize the
losses attached.
1.5K views15:30
2021-08-16 17:31:01
Attempt today's free quiz
2.0K views14:31
2021-08-16 17:30:13
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2.0K views14:30
2021-08-16 07:30:03
PRODUCTION POSSIBILITY CURVE:
With the available amount of
resources and technology, the various alternative combinations of production of a set of two goods are plotted to give a production possibility curve.
It is also known as Production
Possibility Frontier or Transformation curve.The curve helps in deciding "what to produce".
Thus, the curve provides all the
production possibilities available, out
of which the most economically or
physically viable one could be chosen
to maximize profit and minimize the
losses attached.
3.0K views04:30
2021-08-16 06:30:04
Exhaustive source for
PRELIMS Current Affairs (Includes dedicated coverage of
THE HINDU Newspaper)
Get
EXTRA EDGE From Others & Clear Prelims with Confidence!
Samples & Register: www.sunyaias.com/2021_subscription
2.2K views03:30
2021-08-15 07:30:07
ENVIRONMENT KUZNETS CURVE:
It shows the relationship between
economic progress on one hand and
environmental degradation over a
period of time caused in lieu of that
economic progress.
It says, as the economy starts the
journey of development, pollution in
first phase increases but with further
development of the economy , pollution rates begin to decline. And eventually, both economic progress and environment maintenance go hand in hand.
746 views04:30
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