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Current Mid Term Papers Nov 2011, (Fall 2011)
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Graphically Explain shapes of isoquants
for perfect substitution
for perfect substitution(3 Marks)
Differentiate implicit and explicit (3 Marks)
Differentiate Qualitative and Quantitative Forecasting (3 Marks)
In what situation, we use engineering techniques (5 Marks)
Numerical Question: Seasonal Trend with 4 years 1st quarter data
...........Actual Data ... Forecast Data
2004.1 15.63 15
2005.1 20.63 17
2006.1 21.72 19
2007.1 23.65 21
Some MCQs.. from the following
1. Holding all other things constant (ceteris paribus
2. Total Cost = Fixed + Variable
3. Time series data can be represented as:
Yt = f(Tt, Ct, St, Rt)
Yt = actual value of the data at time t
Tt = trend component at t
Ct = cyclical component at t
St = seasonal component at t
Rt = random component at t
4. PROBLEMS IN REGRESSION ANALYSIS
Multicollinearity: Two or more explanatory variables are highly correlated.
Heteroskedasticity: Variance of error term is not independent of the Y variable.
Autocorrelation: Consecutive error terms are correlated.
I had Eco'z paper today
27 total Qz
22 WERE MCQZ,mostly frm Regression,elasticity,and last lectures
Theory Qz were Forecasting Note(3)
Lagrangian equation and partial derivatives (5)
To mazimize the function Q=f(l,k) c= W+rk How w.r.t Lagrangian eq (3)
Calculating Average trend of different quarters(5)
EXpansion path (3)
ok it was 22 mcqs
hi nadia
i am shahbaz
from vu
i nee eco404 guidence from you if you can help me mail me on shahbaz.4499@gmail.com
Dear Shahbaz,
Please share your Quiz. I will share my Quiz too soon in my thread ECO404 Quiz
Please save your LMS Quiz in future and share on this forum or email me at adnanunos@yahoo.com.
I did not found a single MCQ paper on internet of this subject.
I will share my and my friend Quiz to you too.
Procedure for saving your Quiz (Quickly)
when you are on Quiz screen then press Print Screen button and paste into MS word and so on. Question will be saved in less then 2 seconds.
I'll share my quiz files as well....I prefer saving questions in notepad ,later on it can be easily edited and solved for exam preperation.
OK thanks its better way to save MCQs Quiz.
Here is my Quiz, Please Share your Quiz too. I will be waiting.
Quiz No. 3 ECO404
Question # 1 of 10 ( Start time: 02:39:58 PM ) Total Marks: 1
Multiple equation econometric models consist of:
Select correct option:
Equalities only
Identities only
Behavioral equations only
Both Identities and behavioral equations
Question # 2 of 10 ( Start time: 02:40:51 PM ) Total Marks: 1
Profit is maximized where:
Select correct option:
Marginal revenue = Marginal cost
Marginal revenue = Average cost
Marginal cost = Average revenue
Average revenue = Average cost
Question # 3 of 10 ( Start time: 02:42:05 PM ) Total Marks: 1
If a firm takes opinion of different individuals for the purpose of forecasting, this is known as:
Select correct option:
Personal insight approach to forecasting
Panel consensus approach to forecasting
Delphi approach to forecasting
Time series analysis
Question # 4 of 10 ( Start time: 02:43:17 PM ) Total Marks: 1
Fluctuations should be random. It is the requirement of which of the following technique(s)?
Select correct option:
Moving average technique only
Exponential smoothing technique only
Both moving average and exponential techniques
Barometric technique
Question # 5 of 10 ( Start time: 02:44:32 PM ) Total Marks: 1
Non-price determinant of supply includes:
Select correct option:
Prices of other goods or services
Input prices
Weather conditions
All of the given options
Question # 6 of 10 ( Start time: 02:45:31 PM ) Total Marks: 1
If the percentage change in profit is Rs. 400 and percentage change in sales is Rs. 100 then what will be the degree of operating leverage?
Select correct option:
1
2
3
4
Question # 7 of 10 ( Start time: 02:46:43 PM ) Total Marks: 1
Given the Cobb Douglas production function: Q = ALaKb There will be decreasing returns to scale if:
Select correct option:
a + b > 1
a + b < 1
a + b = 1
a + b = 0
Question # 8 of 10 ( Start time: 02:47:37 PM ) Total Marks: 1
Y = a + bX + e "b" shows ----------------- in this regression equation.
Select correct option:
Intercept
Slope
Elasticity
Power
Question # 9 of 10 ( Start time: 02:49:01 PM ) Total Marks: 1
Given the marginal cost function, MC = 5Q2 – 10Q + 50, what is dMC/dQ?
Select correct option:
5Q + 50
10Q - 10
10Q + 50
5Q – 10Q
Question # 10 of 10 ( Start time: 02:49:44 PM ) Total Marks: 1
In which of the following cases, cost elasticity will be more than one?
Select correct option:
When percentage change in cost is less than the percentage change in output
When percentage change in cost is greater than the percentage change in output
When percentage change in cost is equal to the percentage change in output
When percentage change in cost is less than the percentage change in input
Dear Sis, I am waiting for your Quiz. Plz share your quiz 3 and 4
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