‎eee‏ ی۱ رر و ‎இர ಡಿ .ಟ್ಗೆ‏ ہد

‎FIRST SEMESTER B.A, DEGREE EXAMINATION
JANUARY 2014
(WG-CCSS)
Core Course - Economics
EC 1B 01 - MICRO ECONOMICS - I
(2012 and earlier Admissions)

‎௦ : Three Hou
: = rs 4 #
Maximum : 30 Weightay

‎Answer may be written either in English or tn Malayalam
I. Answer all twelve questions : 1

‎A. Multiple Choice Questions :

‎1. Ina simple two sector economy, the economic agents are :
(a) Firms and Government.
(b) Firms and Households.
(c) Households and Foreign sector.

‎(d) None of these.

‎9. The changes in quantity demanded of a commodity due to changes in price of relate

‎commodity is known as :

‎(a) Price elasticity of demand. (b) Income elasticity of demand.

‎(c) Cross elasticity ofdemand. (9) None of these.

‎nal utility approach, the utility can be :
(b) Only ranked.
(9) All of the above.

‎3. In the case of cardi
(a) Measured.
(c) Only compared.
4. The slope of Income Consumption line for a normal good is :
(0) Negative.

‎(d) All of these.

‎(a) Positive.

‎(c) Zero.

‎8. Fill in the blanks :
5. The graphical representation of same quant

‎combination of inputs is called

‎ity of output produced with differe: