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# ECO401 Assignment No 1, Fall 2014,Solutions and Discussions Due Date: Nov-27, 2014

ECO401 Assignment No 1, Fall 2014,Solutions and Discussions Due Date: Nov-27, 2014

Important announcement,  Assignment # 01  ECONOMICS (ECO401)

Dear Students!

This is to inform that Assignment No. 1 will be opened on November 20, 2014 and due date of assignment submission will be November 27, 2014.

A 24 hours extra/grace period after the due date is usually available to overcome uploading difficulties which may be faced by the students on last date.  This extra time should only be used to meet the emergencies; and above mentioned due date should always be treated as final to avoid any inconvenience.

Assignment File will be attached Later !

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### Replies to This Discussion

wasalam... "Microsoft graph" mai bna lo apex..
ya aisa kro k paint mai bna lo graph,, wo bhi chaly ga,, mene bhi paint mai hi draw kia hai, uska faida ye hai k camps k computrs mai microsft grph aksr nhi hta to paint ki prctc bhi hajegi...

ap please handouts ka reference de sakty heN? jo ye solve kiya he apne Q1 (b)

@Rao Umair, isn't it the formula of Point elasticity? please explain it a little for better understanding

yes this formula is for point elasticity..
hmne equliubrium position k oper elasticty btani hai to yhan point elasicty use hgi

Umair bhai Q1(c) be kerwa do

Q1(c) share kia hai mene

graph hai jis mai surplus show kia hai

Q1(c) Grphical Represntation

par yahn batna ye ha k surplus occur ho ga, becoz we have to require what will be effect on the equilibrium level?

g btana hai urwa hai k surplus will create due to increase in price

ameen :)

Part B (a) & (b) solution plz?

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