Semester : SEMESTER 2
Subject : Macroeconomics I
Year : 2017
Term : MAY
Branch : Econometrics and Data Management
Scheme : 2020 Full Time
Course Code : ECO 2B 02
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SECOND SEMESTER B.A. DEGREE EXAMINATION, MAY 2017
(CUCBCSS—UG)
Core Course—Economics
ECO 2B 02—MICRO ECONOMICS—II
Three Hours Maximum : 80 Marks
Answers may be written either in English or in Malayalam
Part A
Answer all twelve questions.
Each question carries ¥2 mark.
The shape of an average fixed cost curve is :
(a) U shape. (0) L shape.
(c) Saucer Shape. (d) Rectangular Hyperbola.
. Which of the following curve is also known as ‘Planning Curve’ ?
(a) SAC. (b) LAC.
(௦) AVC. (d) LAVC.
. Which of the following curve accommodates the reserve capacity of the firm ?
(a) SAVC. (b) SAFC.
(c) SFC. (9) SRAC.
. Block Pricing is an example of which type of price discrimination :
(a) First degree. (b) Second Degree.
(०) Third Degree. (d) All the above.
. Pricing intended to drive out competitors out of the market and to discourage new entrants is
called :
(a) Predatory Pricing. (b) Block pricing.
(c) Peak load pricing. (त) Inter-temporal pricing.
. Amarket where there is only one seller and one buyer is:
(a) Monopsony. (b) Duopoly.
(c) Oligopsony. (d) Bilateral Monopoly.
Turn over