8/18/2019 Business Economics I 103

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Note:

1. Last date of Submission : 7th  September, 20122. Assignment should be handwritten.

Semester-

!usiness "#onomi#s-

!!A-10$

Assignment-%2012&

1. 'hat is #onsumer(s e)uilibrium*

"+plain #onsumer(s e)uilibrium with

the help of indieren#e ure

Anal/sis* Also state the #onditionsfor #onsumer(s e)uilibrium.

2. ene ri#e, n#ome and ross

elasti#ities of emand. is#uss the

arious fa#tors ae#ting elasti#it/ of

demand.

$. 'rite notes on an/ two of thefollowing :%i& 3arginal rates of 4e#hni#al

Substitution.

8/18/2019 Business Economics I 103

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%ii& Law of 5ariable proportions.%iii& 6ined demand #ure model of

oligopol/.

%i& roperties of indieren#e #ure.