Posted by : Ahsan Khan Sunday, 2 February 2014
Model Paper or Guess Paper of Economics for B. Com 1 by Ahsan Khan
UNIVERSITY OF THE PUNJAB, LAHORE
PART – I A/14
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. State and 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. How is it measured? Discuss its determinants.
Q. 4. Explain the law of Variable proportion with the help of Schedule and Diagram.
Q. 5. Define Monopoly? Discuss various possibilities of equilibrium of the under it.
Q. 6. Critically examine the marginal productivity theory of factors pricing?
Q. 7. Discuss the methods and difficulties of measuring National Income?
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