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ECO404 Current Mid Term Papers Spring 2014 & Past Mid Term Papers at One Place Date: June 07 to June 18, 2014

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Total 32 Questions

Mcqs from past papers n very easy

Questions

1: what is the basic reason behind law of diminishing marginal returns?

2: Difference between marginal cost and incremental cost with examples.

3: Why Increasing and decreasing returns on scale arise?

4: Explain Linear Cost Function, Quadratic Cost Function, Cubic Cost Function.

Heer  Thanks for sharing ur paper.best of luck for ur result... 

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plz give me past papers.

today  mid term paper of ECO 404,,,,,,

subjective questions were:-

1.   why implicit and explicit costs are importnt for a firm to take production decision. discuss?

2.   forecasting is helpfull in removing uncertainity. is it true or not?. discuss?

3.   calculate marginal production of labor?.

4.   discuss about assumptions of linear programme models?.

MCQs

1.   marginal product is defined as........

2.  %age change in output due to %age change in input.......

3.  if long run average consumption increase with increase in output it shows.......

4.  increase returns to scale refer to.......

5.  theory duality developed in......

6.  what shows value of firm.......

7.  concept of derivative is related to.......

8.  term regression is used by.......

9.  fluctuations should be random  true/not?

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