Exam Details
| Subject | micro economics | |
| Paper | paper 3 | |
| Exam / Course | b.m. | |
| Department | ||
| Organization | rayalaseema university | |
| Position | ||
| Exam Date | February, 2018 | |
| City, State | andhra pradesh, kurnool |
Question Paper
B.M. DEGREE EXAMINATION, APRIL/MAY 2018.
Fourth Semester
Paper III MICRO ECONOMICS
2 90443
Time 3 Hours Max. Marks 60
SECTION — A
Answer any TWO from the following. 6 12 Marks)
1. Discuss in brief about expenditure functions.
2. Explain cost function.
3. Suggest measures to reduce cost in the firm.
4. What is meant by Waltusian equilibrium?
SECTION — B
Answer any FOUR from the following. 12 48 Marks)
5. What is indirect utility function? Explain its properties.
6. Define the following
Feasible set
Roy's identity
Rational choice
Consumption decisions.
7. What is price discrimination? Explain objectives and conditions for price
discrimination.
8. Define profit function. Explain the long run and short run profit maximization.
9. Explain Marshall's process in price and output determination.
10. Define the following
Market stability
Monopoly
Bilateral monopoly.
11. Explain the existence and stability of equilibrium.
12. Explain in briefly the methods to measure the welfare effects of price changes.
Fourth Semester
Paper III MICRO ECONOMICS
2 90443
Time 3 Hours Max. Marks 60
SECTION — A
Answer any TWO from the following. 6 12 Marks)
1. Discuss in brief about expenditure functions.
2. Explain cost function.
3. Suggest measures to reduce cost in the firm.
4. What is meant by Waltusian equilibrium?
SECTION — B
Answer any FOUR from the following. 12 48 Marks)
5. What is indirect utility function? Explain its properties.
6. Define the following
Feasible set
Roy's identity
Rational choice
Consumption decisions.
7. What is price discrimination? Explain objectives and conditions for price
discrimination.
8. Define profit function. Explain the long run and short run profit maximization.
9. Explain Marshall's process in price and output determination.
10. Define the following
Market stability
Monopoly
Bilateral monopoly.
11. Explain the existence and stability of equilibrium.
12. Explain in briefly the methods to measure the welfare effects of price changes.
Other Question Papers
Subjects
- business communications
- business environment
- business ethics
- business statistics
- company law
- creativity and innovation
- elements of direct and indirect taxes
- employee empowerment
- entrepreneurship
- environmental management
- export import procedures
- financial accounting
- financial management
- foreign language
- information systems
- legal aspects of business
- management of co-operatives
- management principles
- managerial economics
- marketing management
- micro economics
- organisational behaviour
- project management
- public relations management
- strategic management