Discuss the exceptions to the law of demand, Business Management

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Question 1 Discuss the exceptions to the law of demand

Question 2 Explain Elasticity of Supply with the help of a diagram and factors affecting elasticity of supply

Question 3 What are Isoquants? Explain its characteristics

Question 4 Explain graphically price determination of monopoly in the short run as well as in the long run

Question 5 Given the data: Price = $50/unit, Quantity sold = $400, Labour wages = $4000, Raw materials = $3500, Administrative costs= $5000 and other misc. expenses = $2000. Find out the gross profit and net profit

Question 6 What is consumption function? Explain using graph

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