VNSGU BA 2019 1st Year 1901000102040071 Economics Paper 3 Question Paper

VNSGU (Veer Narmad South Gujarat University) BA (Bachelor of Arts) 2019 1st Year 1901000102040071 Economics Paper 3 Previous Question Paper

*RAN-1901000102040071*
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RAN-1901000102040071
First Year B.A. (Sem.-II) Examination
March / April - 2019
Economics Paper - 3
(Micro Economics) (New Course)
Time: 2 Hours ]
[ Total Marks: 50
k|Q"p : / Instructions
(1)
"uQ? v$ip?h?g r"ip"uhpmu rhNsp? D?fhlu `f Ah?e gMhu.
Seat No.:
Fill up strictly the details of signs on your answer book
Name of the Examination:
First Year B.A. (Sem.-II)
Name of the Subject :
Economics Paper - 3
Subject Code No.: 1901000102040071
Student's Signature
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RAN-1901000102040071 ]
[ 1 ]
[ P.T.O. ] P0539

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English Version
1. Answer the following questions briefly.
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1. What is average revenue and marginal revenue?
2. State the Characteristics of perfect competition.
3. Give the definition of price leadership.
4. State the meaning of differential rent.
5. Give the reasons of wage difference in same occupation.
2. What are internal and external economics? Discuss in details the
economics of and diseconomics of scale.
13
OR
2. Discuss in details the law of Variable Proportions.
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3. What is price discrimination? Explain its types, Discuss the necessary
conditions of price discrimination.
13
OR
3. (A) Explain the Characteristics of monopolistic Competition.
(B) Explain the Innovation Theory of profit it.
4. Write short note (any two)
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1. Long run average cost Curve.
2. Product differentiation.
3. Kinked demand curve.
4. Reasons for wages difference in different occupation.
RAN-1901000102040071 ]
[ 2 ]
[ 3460 ] P0539

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