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FIRST SEMESTER B.A. DEGREE EXAMINATION, NOVEMBER 9016
(CUCBCSS—UG)

Core Course—Economics
ECO 1B 01—MICRO ECONOMICS—I
Time : Three Hours Maximum: 80 Marks
Answers.may be written either in English or in Malayalam.
Part A

Answer all questions.
Each question carries 3% mark.

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1. Ademand curve is :
(a) The quantity consumers would like to buy.
(b) The quantity consumers are willing to sell.

(c) The quantity consumers are willing and able to buy at each and every income all other
things unchanged.

(d) The quantity consumers'are willing and able to buy at each and every price all other
things unchanged.

2. 1൩൦ method of economic analysis of particular to general is :
(a) Deduction. (b) Induction.
(c) Assumptions. (d) Normative analysis.
3. Ifincome elasticity is negative , the good is :
(a) Luxury. (b) Necessities.
(c) Inferior. (6) Superior.
4. For perfect substitutes, MRS will be :
(a) Zero. (b) One.
(6) Infinite. (d) 1.5.
5. Time period in which at least one factor is fixed :
(a) Long run. (b) Short run.
(c) Medium period. . (d) Secular period.
Turn over