Vuhelper
05-12-2012, 12:45 AM
My eco402 paper 11 may 2012 2pm to 3pm:smileys69::smileys69::smileys69::smileys69::sm ileys69::smileys69:
28 mqcs 50% 4rm past paper
2 3 marks question
2 5 marks question
Q)DEFINE RISK NEUTRAL AND EXPLAIN IT WITH GRAPH? (3 MARKS)
Q)The owner of a small manufacturing firm does his own accounting work. How would you measure
the opportunity cost of his work? 3 marks
Q) A.What is the practical usefulness of isoquants for the producers?
B.How does a long-run production function differ from a short-run production function?
(Marks: 2.5+2.5)
Q). can an isoquant be other than convex to origin. if yes then which shapes of isoquant are possible
and why? mahparanoor: define with diagrams if there any. marks=5
BEST OF LUCK PRAYER 4R ME
28 mqcs 50% 4rm past paper
2 3 marks question
2 5 marks question
Q)DEFINE RISK NEUTRAL AND EXPLAIN IT WITH GRAPH? (3 MARKS)
Q)The owner of a small manufacturing firm does his own accounting work. How would you measure
the opportunity cost of his work? 3 marks
Q) A.What is the practical usefulness of isoquants for the producers?
B.How does a long-run production function differ from a short-run production function?
(Marks: 2.5+2.5)
Q). can an isoquant be other than convex to origin. if yes then which shapes of isoquant are possible
and why? mahparanoor: define with diagrams if there any. marks=5
BEST OF LUCK PRAYER 4R ME