ECO402 Midterm Current Papers VU Fall 2011 (www.vusolutions.com)
Define the Diminshing Marginal Utility & Equi-Marginal Utility3
When do the economics of scope exits? Spout your answer with the help of Example. Hw can u measure the degree of economics of
scope? Explain with the help of Formula. 5
A. How do we calculate the user cost of capital?
B. Why isocost lines are straight lines? 5
Define risk neutral and explain it with graph 3
Difference between diminishng margnal utility and equi margnal utility? 3
Discuss the different preferences toward risk with the help of examples? 5
