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Total question 60
MCQs 52
Short Question 8
Detail of Short Questions
53- Is it possible to practice first degree price discriminaiton? if not, Why? (3 marks)
54- In which market structure producer have to consider rival's response while choosing output and price. Write donw the charcteristics of this market structure. (3 marks)
55- Compare the monoply pricing with perfect competion pricing (3 marks)
56- Define ecnomic rent for a factor market. what would be the economic rent in a factor market when supply of labor is perfectly elastic? (5 marks)
57- (A) Differenciate between matching grants and non matching grants.3 marks
(B) What are the conditions that the maximizing market basket must satisfy. 2 marks
58- Why does price ceiling usually result in deadweith loss? 5 marks
59. Under what condition will consuer pay more tax? Under what condition will producer pay more tax ? (marks 2.5+2.5)
60.- Define two-part tariff. Also give three examples to support your answer. (marks 2+3)
Best of Luck................................
Imran
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