University Of Pune Question Paper,BUSINESS ECONOMICS (MICRO),B. B. A. (Semester - I),2013 Question Paper

University Of Pune Question Paper
B. B. A. (Semester - I) Examination - 2013
BUSINESS ECONOMICS (MICRO)
(New 2008 Pattern)
Time : 3 Hours] [Max. Marks : 80
Instruction :
Options and marks are indicated against the questions.
Q.1) State and explain Circular Flow of Income and Expenditure. [15]
OR
Q.1) State and explain importance and limitations of Micro Economics. [15]
Q.2) State and explain the Law of Demand and explain determinants of
Demand. [15]
OR
Q.2) What is Elasticity of Demand ? Explain various types of Elasticity
of Demand. [15]
Q.3) State and explain Types of Cost. [15]
OR
Q.3) Describe the Price and Output Determination under Monopoly. [15]
Q.4) Critically examine the Liquidity Preference Theory of Interest. [15]
OR
Q.4) Describe Price and Output Determination under Monopolistic
Competition. [15]
[4372]-104 1 P.T.O.
Seat
No.
[4372]-104/2
Q.5) Write short notes : (Any Four) [20]
(a) The Law of Supply
(b) Opportunity Cost
(c) Dynamic Theory of Profit
(d) Modern Theory of Rent
(e) Trade Unions and Collective Bargaining
(f) Scope of Business Economics

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