ECO402 Current Midterm Paper Fall 2013 shared by Sheeba Bhatti(B.b.a 2nd) File 2

on December 21, 2013 at 1:47pm

Today's ECO-402 Exam:

22 MCQs

3 Question of 3 Marks each:

1. Differentiate between arc elasticity and point elasticity with formulas.

2. Differentiate between the slope of budget line and the slope of indifference curve.

3. A table was given with Price, Quantity and Total Cost and the Revenue cost was supposed to find.

2 Questions of 5 Marks each:

1. The question was to find the learning curve equation.

2. Theoretical question about elasticity of demand.