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S. Y. B.A. (Sem. - II) Examination
March / April - 2019
Economics : Paper - III
(Core Elective Subsidiary)
Instructions:
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- Fill up strictly the details of the signs on your answer book
Name of the Examination: [S. Y. B.A. (Sem. - II) ]
Seat No.:
Name of the Subject : Economics : Paper - III
Subject Code No.: 1901000102050071
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Student’s Signature
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ENGLISH VERSION
Instruction:
- Question No. 1 is Compulsory.
- Figures of the right indicate full marks of the questions.
Q-1 Answer the following questions briefly. (10)
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- State the type of cost.
- State the law of variable preparations.
- State the types of price discrimination.
- What is price leadership?
- What is meant by Profit?
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Q-2 (A) The production function (06)
(B) The short run equilibrium of firm under the perfect competition (07)
(OR)
Q-2 Explain the equilibrium of firm and group under the monopolistic Competition with diagram. (13)
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Q-3 Explain in detail the theory of marginal productivity of distribution. (13)
(OR)
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Q-3(A) The modern theory of rent (06)(B) The profit theory of Prof. Knight (07)
Q-4 Write short Notes : (Any Two) (14)
- The economies of scale
- The necessary condition for price leadership
- The concept of quasi-rent
- The factors affecting the real wages
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