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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6. The shape of long لہ average 5 €. the economic £
⋅ =
lar flow 0112
7. In a three sector circula 5 equal 0:1
8009 ل 07 of dem4
8. When MR is equal to 2270, the price © |
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C. Answer ina word/sentence - 0 2860070880 situat एण,
9. The approach which compares the static pict?
of time. el of utility with different combinat;,.
10. The curve which represents the locus of same lev
. Thecu
of two goods. ०० due to ch anges in the price ofa commod: .
11. The changes in the cons ption of 8 net
the consu
without changing the real income of |
۱ oquant to another as We change either ix:
12. Aline showing the movement from one 1500
factors or a single factor. 5
II. 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.
171. Short essay or Paragraph type questions. Answer any five quest
Explai ۱ uestions .
22. Explain the determination of market equilibri ^ णव بج
⋅⋅ rium,
23. Explain different types of price elasticity of d d
൬9൩0.
24, Distinguish between normal inferior and
+ ani
income effects.
25. Explain the Cobb-Douglas Production functi
ction,
tions :
(9 x 1 = 9 weight
giff
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