Nios Economics (214) Tutor Marked Assignment 2025-26

Nios Economics (214) Tutor Marked Assignment 2025-26. We provide Nios Economics (214) Tutor Marked Assignment 2025-26. Get tma solution within 2 minutes Nios Economics (214) Solved Assignment 2025-26. Latest Nios Economics (214) TMA 2025-26 call@9582489391 (1) Answer any one of the following questions in about 40 to 60 words. “The concept of macro economics is based on the knowledge of the basic concept of micro economic.” Explain the statement with suitable example. “Present wants are more important than the future wants.” Support this statement with suitable argument. Explain. (2) Answer any one of the following questions in about 40 to 60 words. (a) Distinguish between capitalist economy and socialist economy based on four characteristics. “Developing economy needs to adopt labour intensive-technique of production.” State any four reasons to justify the statement. (3) Answer any one of the following questions in about 40 to 60 words. (i) Suppose you are a seller of tomatoes and you have 100 kg of tomatoes for sale. The market price is Rs 20 per kg. At this price the demand for tomatoes is only 60 kg. How will it affect the price of tomatoes fixed by you? (ii) As in Question No. 1, if at price Rs 20 per kg the demand...