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Showing posts with the label MicroeconomicsShow all
Production and cost
Solved questions to law of variable proportion
1- What is law of variable proportion? Explain. Ans: Law of variable proportio…
Production and cost
Solved questions related to TP, AP & MP Production-1
1- What do you mean by production? Ans: Commonly production means creation of …
Microeconomics
Solved questions on firm and industry
1- What do you mean by firm & industry? Ans:- It is important to know the m…
Model Question
Microeconomics Model Question-1
Level:-BBA-BI, 1 st sem. Full Mark…
Microeconomics
Demand & Supply, Solved Questions
1- Solved Questions 1- Given that: Qd/1500 + P/1500 = 1 and Qs = 4P, what is qu…
Microeconomics
Calculus
Given the utility function of good x and y as, `\U=\x^{3/4}\y^{1/4}` Prices of …
Microeconomics
How to Calculate Elasticity ?
Solved questions, 1- Tom purchased 10 units of a commodity when its price was …
Microeconomics
Solved Case Analysis Questions-1
This page consists of some examples of case analysis-type questions and their s…
Microeconomics
Meaning and Types of Elasticity of Demand
1- Elasticity of Demand Elasticity of demand refers to the responsiveness of qu…
Microeconomics
Equilibrium of Demand and Supply
Equilibrium Generally equilibrium is a state in which various forces are in ba…
Microeconomics
Law of Supply
1- Law of Supply The quantity of a commodity that is supplied is influenced by …
Microeconomics
Concept and Meaning of Supply
Concept and Meaning of supply 1- Meaning of Supply In common sense, supply refe…
Microeconomics
Movement along and shift in Demand curve
Movement & Shift in Demand Quantity demanded of a commodity is determined b…
Microeconomics
Law of Demand
1- L aw of demand Demand for products and service is impacted by various elemen…
Microeconomics
Demand Function
1. Demand function The amount demand of a product is impacted by its determinan…
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