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Business Economics-1

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Joy Kakkar
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16 views1 page

Business Economics-1

Uploaded by

Joy Kakkar
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PDF, TXT or read online on Scribd
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Exam.

Code:0670
Sub. Codez 4768
1128
B.A./B.Com. LL.B. (Hons') X'irst Semester
PaPer - II: Business Economics -I
Max. Marks: 60
Time allowed: 3 Hours
(Unit-V) which is comPulsorY
NOTE: Attempt fue questions in all, including Question No. IX
and sblecting one question eachfrom Unit I-IV'
x-x-x

UNIT _ I
(1s)
I,ExplainthenatureandscopeofBusinessEconomics'
(15)
I|. Derive Law of demand with the help of Cardinal utility analysis'

UNIT -II
and giffen
m. Explain in detail the ordinary demand curve in case of normal, inferior
(1 s)
goods.

(1 s)
IV. Critically discuss Law of Equi marginal Utility.

UNIT _ III
(1 s)
V, Explain Laws of Returns to Scale.
1s)
VI. What is the relation between AR, MR and Elasticity of Demand?
(

UNIT - IV
(1s)
vII. Discuss different methods to attain Breakeven Point.

VIII. Explain in detail the Long run equilibrium of firm and Industry under Perfect
(1s)
Cornpetition.

UNIT -V
IX. Attempt the following:-
a) Shutdown Point
b) Significance of Demand Forecasting
c) Giffen Goods
d) Market Price and Sub Normal Price
(sxa)
e) Long Run Average Cost Curve
x-x-x

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