BA Marathi And English SEM II 2022 2023 Apr 2023 MICRO ECONOMICS II (ENG) Question Paper - Mumbai University | munotes

Questions asked in this paper

• 2. Figures to the right in di cate | u

1. Q1 Answer the following qu 20 marks
   • A. Explain the following concepts
   • i) Total Production
   • ii) Average
   • iii) Marginal
   • B. Discuss the Law of Return to See
   • C. Define the concept of C Properties of Curve
2. Q2 Answer the following quest A, Explain the various concepts of Cost Explain the Long Run Average of a diagram 20 marks
   • C.Explain the TR, AR and MR under
3. Q3 Answer the following questions. (Am 20 marks
   • A. Explain the Modern theory of
   • 3. Discuss the Scheumptre's Innovation theory of Profit
   • C. Explain the Fund theory of Interest
4. Q4 Answer the following questions. (Any 2) 20 marks
   • A. Write the Features of Monopoly
   • B. Explain the MR and MC Approach of equilibrium Discuss the Short run equilibrium of a firm under Monopolistic Competition
5. Q5 Write the explanatory aote on. (Any 2) 20 marks
   • B. TR, AR and MR under Perfect Competition
   • C. Modern theory of Wages
   • D. Features of Monopolistic Competition

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