BECC-132 English Medium Solved Assignments 2024-25

Description

BECC-132 English Medium Solved Assignments 2024-25 Available

1. (a)Paul M Sweezy’s Kinked demand curve model explains price rigidity under oligopoly. Explain how.
(b) Derive the demand for labour in a competitive market. How is the Value of Marginal Product and Marginal Revenue Product Curve relevant in the derivation of labour demand?
2. (a) Explain using diagram the shut down point and break even point for a perfectly competitive firm.
(b) The price determination under Monopoly is different from Perfect Competition. Explain how.
3. (a) Discuss the differences between the Marshall’s Theory of rent and Modern theory of rent.
(b) “The Heckscher- Ohlin theory explains the real cause of comparative costs difference”, discuss the theorem with reference to its assumptions.
4. What is an economically efficient allocation. How does an economically efficient allocation differ from an inefficient allocation?
5. Explain the game of Prisoner’s Dilemma. How does the end of the game change under cooperative and non- cooperative behaviour of players.

6. What do you understand by TRIPs and TRIMs?
7. What is Market Failure? Under what conditions can the market fail?
8. Differentiate between accounting profits and economic profits.
9. Discuss with example the concept and features of Monopolistic Competition.
10. Discuss the ways to internalize an externality.