Semester : SEMESTER 1
Subject : Microeconomics I
Year : 2014
Term : JANUARY
Branch : Econometrics and Data Management
Scheme : 2020 Full Time
Course Code : ECO 1B 01
Page:2
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9. The approach which compares the static pict?
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12. Aline showing the movement from one 9
factors or a single factor. 5
Il. Short Answer Type questions Answer all nine ques
13. Positive economics.
14.
15.
16.
17.
18.
19.
20.
21.
Market supply.
Income elasticity of demand.
Marginal revenue.
Ordinal utility.
Strong ordering.
MRTS.
Expansion path.
Neutral technology.
Il. Short essay or Paragraph type questions. Answer any five quest
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22. Explain the determination of market equilibri णव
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23. Explain different types of price elasticity of d d
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24, Distinguish between normal inferior and
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income effects.
25. Explain the Cobb-Douglas Production functi,
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