A Skill Development Platform
What are the important questions for the exam?
Diseconomies of scale pe question Tha..
[19:11, 12/2/2016] : Like system approach in an industry [19:12, 12/2/2016] : Demand forecasting [19:12, 12/2/2016] : 5 types of cost [19:12, 12/2/2016] : Market failure
Descriptive questions - Cartel model and perfectly elastic demand
Descriptive quesitons on Revenue and total revenue
There was only one.. Which was easy.To calculate average cost Total cost divided by labourTotal cost 470Labour 10Average cost 47
Cartel model and perfectly elastic demand were questions asked on brief.Plz go through them
Read your textbook for Eco which is important for scoring good marks.
Techniques of demand forecasting and 1 more which I didn't attempt
Eco descriptive: Inflation and types, cross elasticity and advertisement elasticity with a numerical, producers equilibrium
You need to read the whole God damn book.. They even ask the names of the economists who gave which definition!
What are the 5 types of Demand Elasticity ----- Discuss about Supply Curve ---- In Imperfect Competition what measures to be taken to avoid market failures?
There were 3 descriptive question
1. explain GNP
2. Explain PPC
3. explain long term and short term forecasting
Done wth BE 4 PM BATCH descriptive questions discuss about supply curve, what are 5 types of demand elasticity and in imperfect competition what measures to be taken to avoid market failures
GNP, perfect elastic demand, one statement to explain and elaborate
Like i had eco today...i tried hard for all chapters but i just took a glance of market structure....maximum questions in my set were frm that chapter....i felt like they know that i have not studied this chapter or wha
Explain demand and factors influencing it.... 5 features of perfect competition.... importance of business economics
BE 4 PM BATCH descriptive questions discuss about supply curve, what are 5 types of demand elasticity and in imperfect competition what measures to be taken to avoid market failures
xplain demand and factors influencing it.... 5 features of perfect competition.... importance of business economics
Cartel model and perfectly elastic demand were questions in brief
Descriptive on 12/9 exam:
- Cross elasiticity and Advertisiment Elasticity with numericals.
- Scope of economics
- What is Market Failure and Reason for Market failures.
n BE - law of supply, explain law of demand. Explain inflation.
Profit Maximization..... Explain Income effect in Law of Demand.....Explain PPC
1. Change in quantity supplied and change in supply , discuss and explain with examples
2. Discuss demand forecasting
3. Pricing mechanism
Economics questions:Cartel model of OligopolyDeterminants of Demand