Exam Details
| Subject | micro economic analysis | |
| Paper | ||
| Exam / Course | m.a. | |
| Department | ||
| Organization | solapur university | |
| Position | ||
| Exam Date | April, 2018 | |
| City, State | maharashtra, solapur |
Question Paper
M.A. (Semester (CBCS) Examination Mar/Apr-2018
Economics (Paper
MICRO ECONOMIC ANALYSIS
Time: 2½ Hours
Max. Marks: 70
Instructions: All questions are compulsory. Figures to the right indicate full marks. Draw diagrams where necessary.
Q.1
Choose the correct alternatives.
14
Price discrimination is the feature of market.
Monopoly
Monopolistic Competition
Oligopoly
Perfect competition
The line which shows the purchasing capacity of consumer is called
Price line
Expenditure line
Product cost line
None of these
Normative economic deals with
Ethical values
Non-ethical values
Assumptions
None of these
Utility analysis is based on
Ordinal measurement
Cardinal measurement
Geometrical measurement
None of these
In monopoly market producer is
Price taker and price maker
Price taker
Price maker
None of these
Isoquants are always to origin.
Concave
Convex
Parabolic
None of these
Indifference curve is based on
Scale of production
Scale of exchange
Scale of preference
Scale of consumption
In perfect competition, average revenue curve is
Parallel to axis
Parallel to axis
Convex to the origin
None of these
Who is written the book 'The Theory of Monopolistic Competition'?
John Robinson
Lipsey
Benham
Chamberlin
10) According to indifference curve analysis marginal rate of substitution
Declines
Increases
Remain stable
None of these
Page 2 of 4
SLR-HW-23
11) Product differentiation is characteristics of market.
Monopoly
Monopolistic competition
Oligopoly
Perfect competition
12) Homogeneous product is the feature of market.
Perfect competition
Monopoly
Oligopoly
Monopolistic completion
13) In Oligopoly market demand curve is
Sloping downward
Sloping upward
Kinked
None of these
14) Revealed Preference theory of demand is put forth by
Robinson
Dr. Marshall
Samulson
None of these
Q.2
Write a short answer. (Any seven)
14
What is deduction method?
Define utility.
Why economic problem arises?
What is economic model?
What is normative economics?
What is product differentiation?
What is price war?
What is cardinal measurement of utility?
What is meant by monopsony?
What is price effect?
Q.3
Write short notes. (Any Two)
14
Oligopoly
Cob-Douglas production function
Iso quant's curve
Euler's theorem.
Q.4
Write answer any one of the following
14
Discuss in detail the basic economic problems before society.
OR
Explain the concept of excess capacity in monopolistic competition.
Q.5
Explain the revealed preference theory, in detail.
14
Economics (Paper
MICRO ECONOMIC ANALYSIS
Time: 2½ Hours
Max. Marks: 70
Instructions: All questions are compulsory. Figures to the right indicate full marks. Draw diagrams where necessary.
Q.1
Choose the correct alternatives.
14
Price discrimination is the feature of market.
Monopoly
Monopolistic Competition
Oligopoly
Perfect competition
The line which shows the purchasing capacity of consumer is called
Price line
Expenditure line
Product cost line
None of these
Normative economic deals with
Ethical values
Non-ethical values
Assumptions
None of these
Utility analysis is based on
Ordinal measurement
Cardinal measurement
Geometrical measurement
None of these
In monopoly market producer is
Price taker and price maker
Price taker
Price maker
None of these
Isoquants are always to origin.
Concave
Convex
Parabolic
None of these
Indifference curve is based on
Scale of production
Scale of exchange
Scale of preference
Scale of consumption
In perfect competition, average revenue curve is
Parallel to axis
Parallel to axis
Convex to the origin
None of these
Who is written the book 'The Theory of Monopolistic Competition'?
John Robinson
Lipsey
Benham
Chamberlin
10) According to indifference curve analysis marginal rate of substitution
Declines
Increases
Remain stable
None of these
Page 2 of 4
SLR-HW-23
11) Product differentiation is characteristics of market.
Monopoly
Monopolistic competition
Oligopoly
Perfect competition
12) Homogeneous product is the feature of market.
Perfect competition
Monopoly
Oligopoly
Monopolistic completion
13) In Oligopoly market demand curve is
Sloping downward
Sloping upward
Kinked
None of these
14) Revealed Preference theory of demand is put forth by
Robinson
Dr. Marshall
Samulson
None of these
Q.2
Write a short answer. (Any seven)
14
What is deduction method?
Define utility.
Why economic problem arises?
What is economic model?
What is normative economics?
What is product differentiation?
What is price war?
What is cardinal measurement of utility?
What is meant by monopsony?
What is price effect?
Q.3
Write short notes. (Any Two)
14
Oligopoly
Cob-Douglas production function
Iso quant's curve
Euler's theorem.
Q.4
Write answer any one of the following
14
Discuss in detail the basic economic problems before society.
OR
Explain the concept of excess capacity in monopolistic competition.
Q.5
Explain the revealed preference theory, in detail.
14
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