File: Production Pdf 130220 | Principles Principles Of Micro Economics
paper bc 5 4 principles of micro economics duration 2 5 hrs total marks 60 term end examination 56 marks for attendance 4 lectures 65 unit 1 introduction a demand ...
Filetype PDF | Posted on 02 Jan 2023 | 3 years ago
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...Paper bc principles of micro economics duration hrs total marks term end examination for attendance lectures unit introduction a demand and supply determinants movements vs shift in curve movement along market equilibrium price determination b elasticity consumer theory ordinal utility indifference approach s preferences interference curves budget line income substitution effect consumption the derivation commodity criticisms law production cost firm as an agent concepts function variable proportions isoquants return to scale diseconomies costs short run long profit maximization minimization technological change very structure perfect competition assumption under revenue industry increasing decreasing constant allocation efficiency monopoly concept inefficiency dead weight loss discrimination c imperfect difference between competitions i monopolistic excess capacity empirical relevance ii oligopoly causes existence oligopolistic firms rather than cooperative non behaviour dilemma v iv ...