Eco401 VU Midterm Current Papers Fall 2011 of Virtual University of Paksitan (www.vusolutions.com)
Sometimes market activities (production, buying, and selling) have unintended positive or negative effects outside the market's scope. These are called externalities. As a policy maker concerned with correcting the effects of gases and particulates emitted by and local power plant, answer the following questions:
1.What two policies could you use to reduce the total amount of emissions?
2.Why do you think they each would work?
3.What would the benefits of each action be (besides emissions reduction)?
4.What would the costs of each action be?
5.How would you decide what was the best level of emission reduction?
Another Paper:
total 32 Ques
28 MCQz
4 long Q
2 Qs 3 marks, and 2 Qs 5 marks
MCQzz almost past aur elasticity, Price descrimination , demand supply se thy
Qs: Monopoly & Oligopoly mein Profit maximization mein kiya difenrce hai
Q: labor , budget ka numeric question tha
baki yad nahi
