Q NO1:DFRNC BETWEEN ISO COST ND BUDJET LINE 5 MARKS
Q NO2;EXPLAIN MONOPLY POWER MARKS 3
Q NO3:SENARIO ABOUT DEMAN AND SUPLY EXPLAIN WITH GRAPH 5 MARKS
Another Paper:
total Q are 32
2q are 3 marks
2 Q are 5 marks
28 MCQS
Q1 . distinguished b/w second degree and third degree price discrimination(PD) with example ?5marks
Q 2. Engel curve with inferior commodities draw the graph.5 marks
Q3.IN modern life are firms only acting according tradinational theory of firm or they have some other goals as well?3 marks
Q4.where a monopolist can invest the profit which he earns?3 marks
Another Paper:
ECO401 Paper
Define marginal rate of substitution
Explain price discrimination
Describe tow main theories of production regarding time.
Verify the diagram with short run monopolistic competition:
Reference: Lesson #21
Eco401 VU Midterm Current Paper (May 2011)
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