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ECO401 Mid Term Current Paper (Dec 2010)

Sunday, December 05, 2010 Posted In Edit This
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 
aik yaad nahi
Another Paper:

today my eco401 papare 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 ( num Num bhool gia ) point of equilibrium
Q4 prove that TR= 100Q + Q^2

Another Paper:

my campus fellow 2days paper

1 from the info below tr-100q-q2. prove that the slopeof 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 perticular region ?
4) why the monopolist produce lower quantitiies at higher proces compared to perfectly compitation firms?

Another Paper:

MCQs mostly from market srtucture lessons

Q: aik question jiss mien aik graph diya howa tha k horizntl line per Labor aur vertical axis per total production likhi thi , 
pocha geya tha k labore aur total production mein kiya relationship hai?
Q: Profit maximization 
Q: monopolists firm mein prices high q hoti hain jab k production sa compair to perfect competitiion kam hoti hai?


Another Paper:
Total 32 qs
4 long and 28 mcqs
long qs are folllowing:
1)
Disscuss how monopology can be retained by a monopolists? 3 marks
2)
write equation of cobb dougles production function and narrates its components. 3 marks
3)
How we can achieve optimum combintantion of factors of production? and hw can we achive optimum combination if
mppk/pk> mppl/pl . 5 marks
4)
Why the monopolosists produces lower quantities at higher price compared to perfectly compattitve firms? 5 marks

Another Paper:

economist says that when firm earn zero accounting profit , they actually earn normal economic profit why :? 3
Why Marginal Demand Curve not same as Supply Curve in Monopoly. (5 Marks)
define Isoquant and how can its analysis help a firm 5
before starting new business why business man look for better location 3
mcqs was very easy all was from past papers

Another Paper:

most of the mcqs from elasticy chapter
Explain the two main theories of production regarding time.5marks
A. What are the effects of price discrimination on the profit and loss of a firm?
B. There are certain conditions for price discrimination to hold. Discuss those conditions. 5marks

Assuming that supernormal profits can be made in the short run in a monopolistically competitive industry; will there be any difference in the long-run and short-run elasticity of demand?3 mark

Why the income consumption curve is often drawn as positively sloped at low levels of income?
3 marks

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