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Thursday, December 2, 2010

ECO401 Mid Term Current Paper (Dec 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
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:-

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?
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