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D 12090 (Pages : 2) 71877೮1138 ........... casesasses

THIRD SEMESTER (CBCSS—UG) DEGREE EXAMINATION
NOVEMBER 2021
Economics
ECO 3B 04—MICROECONOMICS—II
(2019—2020 Admissions)
Time : Two Hours and a Half Maximum : 80 Marks
Section A (Short Answer Questions)

Answer at least ten questions.

Each question carries 3 marks.

All questions can be attended.
Overall Ceiling 30.

1. What is meant by homogeneous product ?

bo

Define bilateral monopoly.

What is meant by collusive oligopoly ?
Define a multi plant monopoly ?
Define Dumping.

What is meant by transfer pricing ?
What is meant by monopsony power ?

Define double column tariff ?

= ef 27 ^~ ‏نت‎

What is meant by price taker ?
10. Define adominant firm.

11. Define ‘shutdown point’.

12. Whatis OPEC ?

13. What is meant by ‘bundling’.
14. Define ‘selling cost’.

15. What is envelope curve ?

(10 x 3 = 30 marks)

Turn over

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