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- Model Paper of Economics for B Com 1, 2012 by Ahsan Khan Eco
Posted by : Ahsan Khan Tuesday, 22 May 2012
UNIVERSITY OF THE PUNJAB, LAHORE
PART – I A/12
Examination: - B. Com.
Subject: Economics TIME ALLOWED: 3 hrs.
Paper: BC-303 MAX. MARKS: 100
Attempt any FIVE questions. All questions carry equal marks.
Q. 1. Explain the Law of Equi. Marginal utility with the help of schedule and diagram.
Q. 2. Explain the Consumer’s Equilibrium through Indifference Curve Analysis.
Q. 3. Define Elasticity of Demand. Discuss its various types with mathematical explanation?
Q. 4. Explain the law of Variable proportion with the help of Schedule and Diagram.
Q. 5. Define Perfect Competition? Discuss various possibilities of equilibrium of the under it.
Q. 6. Critically examine the marginal productivity theory of factors pricing?
Q. 7. Define National Income and explain various methods of its Measurement?
A) The total cost function is given:
TC = 1/3Q3 – 10Q2 + 50Q + 45, Find:
i. Find MC and Slope of MC
ii. At what Quantity MC = AVC
B) Prove that both Cross Partial Derivatives are Equal.
Z = 50 + 6X – 12Y + 16X2Y3 – 10X3Y2