Veer Narmad South Gujarat University 2011-1st Year B.Com Business Economics, ,- , Veer Narmad South University - Question Paper
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University: Veer Narmad South Gujarat University
Program Name :First Year B.Com
Course Name: SB:0331 - Business Economics, 1st Year B.Com Examination, March-2011, Veer Narmad South Gujarat University.
examination Month and Year: March-2011.
Duration : three hours
Maximum marks:- 70
Attachment :- PDF file containing SB:0331 - Business Economics, March-2011.
SB-0331
First Year B. Com. (Honours) Examination March / April - 2011 Business Economics
Time : Hours]
[Total Marks :
Instructions :
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Name of the Examination :
F. Y. B. COM. (HONOURS)
Name of the Subject:
BUSINESS ECONOMICS
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Student's Signature
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(2) All questions are compulsory.
(3) All questions carry equal marks (10 each).
1 Very short answer questions : (two marks each)
(a) Define price elasticity of demand and state its different types.
(b) What are the two main assumptions on which production function rests ?
(c) When is monopoly condition said to prevail in the market?
(d) State the main features of oligopoly .
(e) What are the basic conditions of equilibrium of a firm under perfect competition ?
2 What is income elasticity of demand ? Discuss its various types.
3 What are the basic problems of an economy ? Elaborate them.
4 Discuss economies of scale. When and how they become diseconomies ?
5 Explain average fixed cost curve, average variable cost curve and average total cost curve in short run with the help of diagram.
6 Discuss the loanable funds theory of interest.
7 Write notes on any two of the following :
(a) Selling costs
(b) Types of price discrimination
(c) Methods of measuring price elasticity of demand.
SB-0331] 2 [ 200 ]
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Attachment: |
| Earning: Approval pending. |
