NCERT Solutions for Class 12 Micro Economics Chapter-3

Economics is one of the important fields of study in the Commerce stream. Students must keep up with the study timetable in order to prepare effectively for the board exam in Economics. Economics is divided into two branches—Micro Economics and Macro Economics.

It is important to access study materials from credible sources in order to be on the right track for exam preparation. Many of the topics covered in the Microeconomics section are useful in laying the groundwork for learning more advanced Microeconomic concepts.Economics is one of the core subjects in the Class 12 Commerce stream. Learning economic concepts can help Commerce students advance in their careers.Students are able to gain an international perspective. Class 12 students are able to develop  links between the people, markets, industries, etc., of different countries. Economic principles are used in all sectors in some form or another.Students become capable of making careers in fields of Finance, Banking, Governance, Law, etc with the knowledge of Economics. The knowledge of Economics is very necessary for understanding the economic activities that are constantly happening inside a country. Students can easily learn Geopolitics with an understanding of Economics principles.

The Commerce stream is important for learning key business skills. Commerce students learn about various skills such as business development, management, business communication, etc. There are many opportunities in the Commerce field. Commerce stream students become capable of working in a range of industries like Human resources, Advertising, Law, etc.

The concepts of economics are interconnected.Students belonging to Class 12 need to recall the concepts learned in Class 11 for understanding the chapters well.

It is important to practise exercise questions related to each chapter of Class 12 from time to time. Students are encouraged to keep revising the topics of Micro Economics and Macro Economics to be able to perform well in the Economics exam.

There are 6 chapters in Class 12 Micro Economics. All the chapters are essential and students should learn each chapter in depth to secure higher marks in the exam.

Students need to learn each of the topics consistently to gain a deeper understanding of the concepts behind them. Class 12 students belonging to the Commerce stream of the Central Board of Secondary Education can access all the useful study resources from the Extramarks website and mobile application.

Students benefit from understanding the world around them by learning about economics.Students are able to understand businesses, people, markets, and governments with the help of Economics. With the help of Economics, students in the Commerce stream are able to respond to difficult situations in an analytical manner.

The study of Economics concepts can help students make better judgements in their careers. Students aspiring to be businessmen in the future need to understand the requirements of the market and take risks in developing their businesses. Economics equips students with the abilities to make proper decisions and grow their businesses effectively. Students are encouraged to solve important questions in Chapter 3 regularly. Important questions are beneficial for increasing the preparation level of students.

It is advisable to rely on the NCERT textbooks for learning the chapters of the Economics syllabus. Each subject is different from the others. Students are encouraged to make a separate study plan for learning Economics chapters. All the topics covered under each chapter of Class 12 Economics should be consistently practised by the students.

Class 12 is an important step in a student’s career. After passing the Class 12 exams, students can enroll in a variety of courses. The results of Class 12 are particularly important since they have a big impact on students’ futures. The marks earned in Class 12 are helpful for securing admission to India’s top universities. It’s critical to perform well in the exams because many institutions provide admissions on the basis of the marks obtained in Class 12. The marks acquired in Class 12 are also required for receiving admission scholarships from many colleges. Each subject covered in the Class 12 curriculum must be thoroughly learned by the students.

The Class 12 grades are crucial for obtaining merit-based government employment. Class 12 grades are essential for obtaining private employment because many employers use Class 12 grades as a key interview factor.

Before enrolling in a program, it is critical to understand its benefits.Students are advised to make their choice of a streambased on their interests and the future scope of that stream. Commerce is one of the important streams in Class 12. It provides essential knowledge about the business field. Students can develop managerial skills by learning the subjects of the Commerce stream. They are required to learn Economics, Accounting, Finance, etc in the Commerce stream. Commerce stream students should keep revising the concepts of each subject to excel in Commerce stream.

Students can opt for various courses like B.Com, BBA, CA, MBA, etc after the Class 12 Commerce stream.

To effectively prepare for the Economics board exam, Central Board of Secondary Education (CBSE) students are expected to focus on each chapter in Micro Economics and Macro Economics.Students must practise the sample papers regularly to get acquainted with the marks’ distribution for the Economics topics.   .

It is necessary to learn the topics from the NCERT textbooks of Economics. The NCERT textbooks are well-structured and provide complete information about the topics. Students are advised to read each line of Chapter 3 carefully and try to understand the underlying concepts. Students need to prepare well for the upcoming board exams for scoring higher marks. It is important to practise sample papers and past years’ papers on a regular basis. Solving previous years’ papers provides an idea of the types of questions that will most likely appear on the economics board examStudents can access the past years’ papers on Economics from Extramarks.

Economics is a challenging subject, and students find it difficult to understand its concepts.. It is advisable to keep revising the chapters from time to time to get a clear understanding of the concepts. Mathematics principles also play an important role in learning the Economics chapters. Students are required to perform mathematical operations to fully understand the concepts of Economics. Students are advised to plan their studies according to the syllabus of Economics. The latest syllabus of Economics is accessible on the official website of NCERT. Students can also access the latest syllabus of Economics on Extramarks.

With proper planning and effective practice, it is easy to score higher marks in Economics. Students need to develop a habit of solving exercise questions related to each chapter of Economics.

All the points of a topic need to be read thoroughly before appearing for the Economics exam. The learners are advised to access the syllabus of Economics before starting to learn the chapters. The syllabus is important for developing a strategy for learning chapters from the exam point of view. Students are encouraged to solve important questions of Chapter 3 regularly to enhance their preparation for the Economics exam. Micro Economics topics covered in Class 12 are very important. They are beneficial for creating a base for more advanced topics of Micro Economics that are to be learned in the future.

Extramarks has all the useful resources needed for scoring higher marks in Class 12. Students can easily access all the study resources on Extramarks’ website and mobile application. Students of other classes can also study materials from Extramarks. It is necessary for students to learn chapters consistently to be able to perform well in their exams. Students should keep revising the concepts again and again. Extramarks has live lectures that are beneficial for learning concepts in an efficient way. Students can increase their knowledge of respective subjects with the help of these live lectures. The live lectures are very interactive and engaging. Students can get easy solutions to their academic problems during the live lectures. Extramarks believes in concept building in a step-by-step manner.

The NCERT Solutions Class 12 Micro Economics Chapter 3 are important from the exam point of view. Students can get easy solutions to their doubts with the help of the NCERT Solutions Class 12 Micro Economics Chapter 3. It is necessary to understand the concepts well before practising questions given at the end of the chapter in Economics. The NCERT Solutions Class 12 Micro Economics Chapter 3 are helpful in concept building for Class 12 students.

The Ministry of Education created the educational board known as the Central Board of Secondary Education (CBSE). The CBSE is a national educational board that operates in India. Every year, the Class 10 and Class 12 final exams are administered by the CBSE Board. The CBSE syllabus is used for the majority of college admission exams in India. Most private and public schools in India follow the CBSE Board curriculum. To save time and effort, it is advised that all students follow the CBSE curriculum when learning a subject.

Exams for students in Class 12 are administered and managed by the Central Board of Secondary Education. Students in Class 12 need to boost their current board exam preparations. For Class 12 CBSE Board Exams, each subject is essential for achieving higher marks. When preparing for the board exams, students should focus on learning all the topics and subtopics of a subject.

The Indian government established the National Council of Educational Research and Training to support a uniform educational standard that can be applied throughout India. The Central Board of Secondary Education’s coursebooks is provided by NCERT. Only the NCERT is authorised to publish textbooks for the CBSE Board. The goal of NCERT is to provide all students with a simple and uniform learning environment across all academic areas.

The NCERT recommended syllabus must be used in all the Indian CBSE Board schools to cover the subjects. Some state boards incorporate the NCERT curriculum into their courses.

The NCERT also carries out research in the area of school education. The NCERT proposes necessary adjustments to school-based education in order to provide students with better possibilities. In many Indian schools, all of NCERT’s innovative approaches are prescribed. The primary and secondary school teacher education programs are likewise managed and conducted by NCERT. The educational departments of several states and universities collaborate with NCERT. The NCERT also assesses textbooks created by various organisations in order to maintain the standard.

The students of the Class 12 Commerce stream can download the NCERT Solutions Class 12 Micro Economics Chapter 3 from the Extramarks’ website and mobile application. Students can make use of the NCERT Solutions Class 12 Micro Economics Chapter 3 to get solutions for the exercise questions of Chapter 3.

Students of Class 12 can enhance their exam preparations by utilising the NCERT Solutions Class 12 Micro Economics Chapter 3. All the topics and subtopics of the Economics syllabus should be revised again and again by Class 12 students. It is important to learn the definitions of Chapter 3 from time to time.

Students must access the NCERT Solutions Class 12 Micro Economics Chapter 3 from the Extramarks’ website and mobile application in PDF format. The NCERT Solutions Class 12 Micro Economics Chapter 3 are beneficial for improving the understanding of the Production and Costs chapter. It is important to analyse the preparation of Economics from time to time. The NCERT Solutions Class 12 Micro Economics Chapter 3 are beneficial for analysing the ongoing preparation of Economics and making changes in the learning approach.

Students can make use of the NCERT Solutions Class 12 Micro Economics Chapter 3 to revise the important terms and definitions of Chapter 3. It is important to keep a record of the topics learned from the syllabus so that students can also focus on the remaining topics. Students may face difficulties in finding reliable and accurate NCERT Solutions Class 12 Micro Economics Chapter 3. Students can easily download the NCERT Solutions Class 12 Micro Economics Chapter 3 from Extramarks.

All the topics of Chapter 3 can be easily revised with the help of  NCERT Solutions Class 12 Micro Economics Chapter 3. Students should keep referring to the NCERT Solutions Class 12 Micro Economics Chapter 3 during the board exam preparation for Economics. Students belonging to Class 12 of the Central Board of Secondary Education can easily get solutions for Chapter 3 exercise questions with the assistance of the NCERT Solutions Class 12 Micro Economics Chapter 3. It is important to revise the topics of Economics from the board exam perspective. The NCERT Solutions Class 12 Micro Economics Chapter 3 are helpful in boosting the confidence of the Class 12 students.

The Central Board of Secondary Education’s Class 12 students are recommended to concentrate on revision and practise to improve their understanding of the chapters of Micro Economics. Utilising study resources is the most effective way to review the subjects. The study tools aid in effective memorisation and long-term retention of the concepts. The most crucial phase of exam preparation is revision. When they constantly revisit the topics, students are able to gain significant insights relating to the subjects.Revision sessions are necessary for changing a student’s learning strategy and benefiting their study efforts. After reviewing them, students can thoroughly understand each and every chapter’s topic.

Question 24 of Chapter 3 can be difficult to solve for some students. It is necessary to learn the proper technique for solving questions like question 24. Students can solve the question 24 of Chapter 3 with the help of the NCERT Solutions Class 12 Micro Economics Chapter 3.

All the students belonging to Class 12 can easily solve questions given at the end of Chapter 3 by using the NCERT Solutions Class 12 Micro Economics Chapter 3. It is necessary to access the revision notes of each chapter of Economics to quickly revise the topics of each of the chapters.

Extramarks is a learning platform that is trusted by more than 10,000 leading schools in India. Students of all the classes can easily access verified and high-quality study materials from Extramarks. Students can prepare well for competitive exams like Joint Entrance Exam (JEE), NEET, CUET, etc. All the resources necessary to prepare well for these exams are easily accessible on Extramarks’ website.

Students can make use of the foundation courses of Extramarks to prepare effectively for the Olympiadand NTSE exams. Extramarks is helping students  build their concepts in an interactive manner. Students can make use of the video modules available on Extramarks’ website and mobile application to learn their course subjects. Extramarks provide a common platform for bringing students and teachers to one place.

It is advisable to practise the sample papers and past years’ papers in Economics at regular intervals. Students can understand the paper pattern and marking scheme of Economics with the help of  past years’ papers. The NCERT Solutions Class 12 Micro Economics Chapter 3 are also helpful in solving the questions of past years’ papers and sample papers. It is important to make a list of all the difficult topics in Chapter 3 and spend more time learning them.

It is necessary to revise the definitions in the Production and Costs chapter at regular intervals. Definitions are necessary for a thorough understanding of the conceptsWriting definitions in the exams is helpful in securing higher marks. Students of Class 12 can revise the definitions of Chapter 3 with the assistance of the NCERT Solutions For Class 12 Micro Economics Chapter 3.

It is crucial to mention the important terms related to a topic in Micro Economics while answering the questions in the exam. Students can revise the important terms of the Production and Costs chapter with the help of  NCERT Solutions Class 12 Micro Economics Chapter 3.

The students should learn the “Production Function” topic carefully and try to understand the meaning behind it. Students are advised to practise the questions related to the Production Function topic from time to time. To get easy solutions for the Production Functions topic, students can utilise the NCERT Solutions Class 12 Micro Economics Chapter 3. Commerce stream students can easily access the NCERT Solutions Class 12 Micro Economics Chapter 3 from the Extramarks’ website and mobile application. Many of the students feel stuck while solving exercise questions.

It is necessary to practise the questions given in the exercises with the help of the NCERT Solutions Class 12 Micro Economics Chapter 3 toget accurate and reliable solutions. The Short Run and the Long Run topic need to be read thoroughly before answering the questions based on them. Students can solve the questions based on the Short Run and the Long Run by using the NCERT Solutions Class 12 Micro Economics Chapter 3. Students should keep referring to the NCERT textbooks for revising the concepts of the Production and Costs chapter.

Students having difficulty  solving the questions related to the Average Product topic can make use of the NCERT Solutions Class 12 Micro Economics Chapter 3. All of the questions related to the Marginal Product topic can also be answered with the help of  NCERT Solutions Class 12 Micro Economics Chapter 3.

Students must focus on learning the topics from the perspective of the board exam. Students of the Central Board of Secondary Education (CBSE) are advised to use the revision notes to quickly review the topics of Chapter 3.Class 12 students are expected to focus on the figures in the Production and Costs chapter to understand the concepts in depth. Drawing figures while answering questions in the Economics exam can fetch higher marks.

It is important to keep revising the basic concepts of Chapter 3 in order to enhance the overall understanding of the chapter. The NCERT Solutions Class 12 Micro Economics Chapter 3 is helpful in revising the basics of the Production and Costs chapter.

The Short Run Costs topic is one of the important topics of Chapter 3. It is crucial for the students to get well acquainted with the meaning of the Short Run Costs topic. The questions related to the Short Run Costs topic can be easily practised with the help of  NCERT Solutions Class 12 Micro Economics Chapter 3. Students can easily solve the questions based on the Total Product topic with the help of the NCERT Solutions Class 12 Micro Economics Chapter 3. It is necessary to make a list of all the difficult questions in Chapter 3 and dedicate more time to practising them. Class 12 students can practise difficult questions in the Production and Costs chapter with the help of the NCERT Solutions Class 12 Micro Economics Chapter 3.

All the NCERT Solutions Class 12 Micro Economics Chapter 3 are prepared on the basis of the latest syllabus of Class 12 Economics. The NCERT Solutions Class 12 Micro Economics Chapter 3 are beneficial for learning Chapter 3 effectively. The NCERT Solutions Class 12 Micro Economics Chapter 3 are also significant for motivating students to practise more questions.

Extramarks help students in learning according to their own style. The study materials available on Extramarks’ website and mobile application are very trustworthy and reliable. Students can refer to the study materials according to their needs and convenience. Extramarks provides study resources for all the students of CBSE, ICSE, and other major state boards to perform well in the exams. Students can get easy solutions to their academic problems from expert teachers in all fields. Students need to adjust their study schedules for overcoming their weaknesses in a subject. Extramarks provides personalised reports and analyses for students to make necessary adjustments in their learning process. Students can access study materials like past years’ papers, sample papers, revision notes, NCERT solutions, etc., from Extramarks’ website and mobile application. All the topics of the Class 12 Micro Economics need to be covered in detail for you to score higher marks in the Economics exam.

Students can also access the NCERT solutions for other chapters of Micro Economics apart from the NCERT Solutions Class 12 Micro Economics Chapter 3. The NCERT Solutions Class 12 Micro Economics Chapter 3 are helpful in learning to solve exercise questions in a proper manner.

Students belonging to the Class 12 of the Central Board of Secondary Education are advised to focus on revision and  practise to enhancetheir knowledge of Micro Economics chapters. Revision is the most important step in exam preparation. Students are able to get important insights related to the topics when they revise them from time to time.

Revision sessions are crucial for making adjustments in a student’s learning approach and are also helpful in complementing their efforts in studying. Students can get fully acquainted with each and every point of the chapter after revising them. The best way to revise the topics is to make use of the study resources. The study materials assist students in memorising and remembering concepts for a long time.It is very important to keep practising the past years’ papers in Economics. Practising past years’ papers is very importantfor scoring higher marks in the exams.

The sample papers are very useful materials for helping students in their exam preparation. Students are able to phrase answers in a precise manner when they practise sample papers. The NCERT Solutions Class 12 Micro Economics Chapter 3 are very helpful in solving sample papers on Economics. Students can get easy and effective answers to questions in the Production and Costs chapter with the assistance of the NCERT Solutions Class 12 Micro Economics Chapter 3. Many of the topics of the Production and Costs chapter are important from the board exam perspective. Students looking for the NCERT Solutions Class 12 Micro Economics Chapter 3 can access them on the Extramarks’ website and mobile application.

It is important for students to keep testing their knowledge of the Micro Economics chapter in order to fill the knowledge gaps. Students are supposed to give mock tests related to the chapters of Micro Economics. They can boost their confidence by performing well in mock tests. Attempting mock tests is beneficial for identifying a student’s weaker areas in a subject.The NCERT Solutions Class 12 Micro Economics Chapter 3 can also help the students in scoring well on the mock tests. All the topics covered in Micro Economics Chapter 3 are significant for improving the knowledge of students belonging to the Commerce stream. The NCERT Solutions Class 12 Micro Economics Chapter 3 are useful for getting well versed in the Chapter 3 topics. Class 12 students of the CBSE Board are urged to include  NCERT Solutions Class 12 Micro Economics Chapter 3 in their study timetable.

Students can practise the exercise questions of Chapter 3 topic-wise with the help of the NCERT Solutions Class 12 Micro Economics Chapter 3.  It is critical to memorise the Chapter 3 formulae in order to solve the chapter’s numerical problems.Students can easily practise numerical problems from the Production and Costs chapter by utilising the NCERT Solutions Class 12 Micro Economics Chapter 3.

The concepts related to each of the questions can also be revised with the help of the NCERT Solutions Class 12 Micro Economics Chapter 3. Students can find easy solutions to questions related to the short-run average cost (SAC) by using the NCERT Solutions Class 12 Micro Economics Chapter 3. The formula of short-run average cost needs to be applied well for solving questions based on the concept.

Students can learn to implement the formula for short-run average cost by making use of  NCERT Solutions Class 12 Micro Economics Chapter 3. Class 12 Commerce stream students must access the NCERT Solutions Class 12 Micro Economics Chapter 3 from the Extramarks’ website and mobile application. Students can also refer to the NCERT Solutions Class 12 Micro Economics Chapter 3 in offline mode as well.

The tables given in Chapter 3 should also be reviewed from time to time in order to enhance  knowledge of the Production and Costs topics.

Question 22 requires students to find the marginal product and average product schedule of the given total product schedule. Students can easily solve question 22 of chapter 3 by using the NCERT Solutions Class 12 Micro Economics Chapter 3.

Question 23 is based on the marginal product and total product topics. To get detailed solutions to question 23, students are advised to make use of the NCERT Solutions Class 12 Micro Economics Chapter 3. Question 3 of Chapter 3 can be practised with the help of the Class 12 NCERT Solutions Micro Economics Chapter 3. Class 12 students can get easy solutions to question 9 of Chapter 3 with the help of Class 12 Chapter 3 NCERT Solutions Micro Economics.

It can be challenging for students to solve question 25 given at the end of Chapter 3. Students can make use of the NCERT Solutions Class 12 Micro Economics Chapter 3 to get a thoroughunderstanding of how to solve question 25. Students can improve their own answers with the help of  NCERT Solutions Class 12 Micro Economics Chapter 3.

Class 12 NCERT Solutions Micro Economics – Production and Costs – Free PDF Download [Include Download PDF Button]

Commerce stream students of Class 12 must download the NCERT Solutions Class 12 Micro Economics Chapter 3 from the Extramarks’ website and mobile application.

Access NCERT Solutions for Class 12 Micro Economics Chapter 3 – Production and Cost

NCERT Solutions Class 12 Microeconomics Chapter 3 – Free PDF Download

Students from all classes in the Central Board of Secondary Education can download NCERT solutions for all subjects from ExtramarksClass 12 students can make use of the NCERT Solutions Class 12 to prepare well for the upcoming board exams. Students of Class 11 can download the NCERT Solutions Class 11 from the Extramarks’ website and mobile application and boost their exam preparation for final exams. The NCERT Solutions Class 10 is available on Extramarks. Students belonging to Class 10 can download the NCERT Solutions Class 10 of all the subjects from the Extramarks’’ website and mobile application. Class 9 students can access the NCERT Solutions Class 9 in Mathematics, English, Hindi, etc., from the Extramarks’ website and mobile application.

It is crucial for Class 8 students to access NCERT Solutions Class 8 for solving the exercise questions of all the subjects. Students belonging to Class 7 can access the NCERT Solutions Class 7 from Extramarks and prepare effectively for the board exam of Mathematics. Class 6 students can make use of the NCERT Solutions Class 6 to solve the exercise questions related to all chapters.

Students belonging to Class 5 can easily download the NCERT Solutions Class 5  from the Extramarks website and mobile application. The NCERT Solutions Class 4 is accessible on Extramarks in PDF format. Students of Class 4 are advised to refer to the NCERT Solutions Class 4 while solving NCERT problems of all the subjects.

Class 3 students belonging to the CBSE Board can easily find the NCERT Solutions Class 3 on the Extramarks website and mobile application. Students in CBSE Board Class 2 can use Extramarks to download NCERT Solutions Class 2 and effectively prepare for their exams.Students in Class 1can also make use of the NCERT Solutions Class 1 to prepare well for their exams.

NCERT Solutions for Class 12 Microeconomics Chapters

Students are advised to keep referring to  NCERT Solutions Class 12 Micro Economics Chapter 3 while preparing for the Economics exam. All the topics of the Production and Costs chapter can be easily revised with the help of the NCERT Solutions Class 12 Micro Economics Chapter 3. Most of the NCERT Solutions Class 12 Micro Economics Chapter 3 are given in a detailed manner for students to understand.

All the important topics covered in the Class 12 Micro Economics should be consistently revised. To answer questions related to important topics, students can take the help of  NCERT Solutions Class 12 Micro Economics Chapter 3. Students need to be well-prepared for answering the questions that appear in the board exam of Economics. It is important to focus on Micro Economics and Macro Economics both for performing well in the Economics exam. The NCERT Solutions Class 12 Micro Economics Chapter 3 are beneficial for preparing Micro Economics chapters efficiently. Students belonging to the Central Board of Secondary Education can access the NCERT Solutions Class 12 Micro Economics Chapter 3 from Extramarks in PDF format.

Chapter 3 – Production and Costs

Some of the topics covered in the Production and Costs chapter are Costs, Production Function, The Short Run and the Long Run, etc. Students should keep revising the topics of Chapter 3 at regular intervals.Chapter 3 consists of vital economic conceptsof Economics that have various uses in the Commerce stream. Students are advised to learn the Chapter 3 topics from the board exam perspective. It is crucial to practise the exercise questions from Chapter 3 in order to prepare well for the upcoming Economics exam.

Class 12 Microeconomics Chapter Wise Marks Weightage 

Studying the chapters according to their marks weightage is very helpful in preparing well for the Economics exam.

Que 1.Why Are Class 12 Microeconomics Chapter 3 NCERT Solutions Important?

Ans. Students are able to give appropriate answers to exercise questions with the assistance of the NCERT Solutions Class 12 Micro Economics Chapter 3. Class 12 Commerce stream students may have difficulties  answering question 12 of Chapter 3. Students can get an idea of answering question 12 with the guidance of  NCERT Solutions Class 12 Micro Economics Chapter 3.

Solving question 17 can be daunting for some students. It is essential to first know the requirements of question 17 before solving it. Class 12 Commerce stream students can solve question 17 by using the NCERT Solutions Class 12 Micro Economics Chapter 3.

Students can get reliable and authentic answers to exercise questions of Chapter 3 with the help of the NCERT Solutions Class 12 Micro Economics Chapter 3. All the NCERT Solutions Class 12 Micro Economics Chapter 3 are provided in an easy and understandable format for Class 12. It is crucial to manage time while solving questions in the board exam of Economics. Students can better their time management skills when they practise exercise questions with the help of  NCERT Solutions Class 12 Micro Economics Chapter 3.  The NCERT Solutions for Class 12 Micro Economics Chapter 3 are extremely useful resources for achieving higher marks in the Economics board exam.

Students can utilise the NCERT Solutions Class 12 Micro Economics Chapter 3 to get reliable and thorough answers to exercise questions of Chapter 3. The NCERT Solutions Class 12 Micro Economics Chapter 3 can be utilised to understand the requirements of each exercise question of Chapter 3. Commerce stream students of Class 12 can access the NCERT Solutions Class 12 Micro Economics Chapter 3 from the Extramarks learning platform in PDF format.