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Micro Economics
1. Discuss the short-run cost-output relations.
2. Write a short note on pure competition.
3. Describe excess profit criterion.
4. Discuss the various ways by which rival firms may react to change in price made by one firm.
5. Explain the effects of taxation on the equilibrium of a firm.
6. Write a short note on imperfect competition in the factor market.
We consider two regions A and B. Each market has the same size (i.e. number of consumers) but differs in the willingness to pay for one unit of the good proposed by the firm. On ma
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How would you convert from moles of iron(III) oxide to moles of carbon monoxide?
Reasons for International Trade?
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A major component of the costs of many large firms is the cost associated with ordering and holding inventory. If the yearly demand for the good is D and the size of each order pla
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