NCERT Class 9 Economics Ch-1.
Solution needed.
Correct or approximate answer will be awarded "the brainliest answer" with good points!!!
Answers
1. Mishrilal needed some mechanical sugarcane crushing machine, which would run on electricity to set up his jaggery manufacturing unit. He and his family members provided labour. In spite of working so hard, he was not able to make enough profit because the production of sugarcane in his village was limited.
2. The labour is provided by him and his family. Otherwise he will employ landless labourers.
3. To set up his manufacturing unit Mishrilal needed the following capital
(a)Fixed Capital in the form of the sugarcane crushing machine.
(b) He has to pay for the electricity to run the machine.
(c) Since the industry is small scale, production is less and therefore, he is unable to increase his profit.
4. (i)Mishrilal needed mechanical sugarcane crushing machine run on electricity to set up his jaggery manufacturing unit.
(ii)Mishrilal and his family members provide the labour in this case.
(iii)He might face a loss when the price of jaggery will fall.
5. Mishrilal sells his jaggery to traders in Shahpur and not in his village because the market for jaggery in Shahpur is big in comparison to his village, where he can earn more profit. 740 Views. Modern farming methods require more inputs which are manufactured in industry.
Answer:
see the attachment
sorry I'm 6th std
