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View Full Version : eco401 mid term current paper spring 14 May 2011



Vuhelper
05-15-2011, 08:02 PM
short Qs
1) wat will be the change in the average physical product when:
a.MPP is equal to APP
b.MPP is greater than APP
c. MPP is less than APP

2) A) equation of budget line. which part show slop and which part show intercept??
B) shift in budget line....slope of budget line??

3) dicsuss characteristics of monoply n oligoply wid the help of examples??

4) if supernormal profit in short run monopolisticaly industry...will there be any diff in long run and short run elasticity demand???