ECO402 VU Current Final Paper Spring July 2012

Total marks = 86
Time = 120mins

Total Questions = 56 MCQ’s + 8 Subjectives( 4 of 3marks and 4 of 5 marks)

MCQ’s were almost all new and very much time taking as the options were in complete sentences.

Prepare the formulas well.

One question was to find the price by applying the rule of thumb formula with elasticity..5marks
what are externalities… snob and bandwagon effect with examples..5marks
One question was from last 2 chapter about factors relation with the cost..5marks
Marginal revenue and cost pay aik question tha..5marks
cartel ka organizations ko kya benefit hota hai..3 marks
aik question mein equation poochi gaye thein..3marks