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Thursday, December 2, 2010

ECO401 Mid Term Current Paper (Dec 2010)

Today paper

28MCQ's two Q of 5marks two Q of 3marks:
indifference curve 5
price degrees 5
relationship b/w monopoly power and price elasticity of demand 3


Another Paper:-

today my eco401 paper 32 Q

2 Q for 3 marks and 2 for 5 marks
Q1 what is difference between short run and long run
Q2 what is average variable cost and average fixed cost with formula example
Q3 what is isoquat in the point of equilibrium
Q4 prove that TR= 100Q + Q^2

Another Paper:-

1 from the info below tr-100q-q2. Prove that the slope of MR is twice steeper than slope of AR curve?

2) Describe the equation of budget line. ..a) Which part of the equation show slope ans which part show the intercept.
b) Which factor cause the shift in budget line and which cause the change in slope of budget line?

3) Do u agree that external economics are associated of an industry in a particular region ?

4) Why the monopolist produce lower quantities at higher process compared to perfectly competition firms?

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