Posted by : Ahsan Khan Sunday, 2 February 2014

Model Paper or Guess Paper of Economics for B. Com 1 by Ahsan Khan 

MODEL PAPER   2014

UNIVERSITY OF THE PUNJAB, LAHORE

PART – I         A/14

Examination: - B. Com.

                                                                                                Roll No. . . . . . . . . . . . .
                       

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?

Q. 8.  

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






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