Principles of economics ii UE Past Papers Questions.


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(3187) Question Category: Short answers

Write short notes on the following

  1. Cartel
  2. Marginal rate of technical substitution
  3. Long run period of production
  4. Competition type of market
  5. Explicit cost

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(3188) Question Category: Short answers

Explain how pure monopoly as a type of market is maintained .

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(3189) Question Category: Short answers

Describe the monopolistic competition type of market structure and how it differes from other types of market.

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(3190) Question Category: Short answers

Discuss in details the major forms of business organization.

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(3191) Question Category: Short answers

Discuss the short run period of production in relation to cost curves.

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