QUESTION
Identify and explain the concept from the given illustration:
Hussain Shaikh employed seven workers less than the usual number of workers on his farm, in spite of this, output remained the same.
SOLUTION
- Identified concept: Disguised unemployment.
- Explanation of concept: Disguised unemployment is a type of rural unemployment in Which surplus manpower has zero marginal productivity.
Balbharati Solutions for Economics 11th Standard HSC Maharashtra State Board
Balbharati Solutions for Economics 11th Standard HSC Maharashtra State Board Chapterwise List - Free
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Chapter 1: Basic Concepts in Economics
Chapter 4: The Economy of Maharashtra
Chapter 5: Rural Development in India
Chapter 6: Population in India
Chapter 7: Unemployment in India
Chapter 9: Economic Policy of India since
Chapter 10: Economic Planning in India
Economics 11th Standard Maharashtra State Board
Author: Balbharati
Publisher: Maharashtra State Bureau of Textbook Production and Curriculum Research
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