Latest economics paper
Q1.What change will occur in average physical product if.(marks3)
Answer. • If the marginal physical product equals the average physical product, the average physical
product will not change.
• If the marginal physical product is above the average physical product, the average physical
product will rise.
• If the marginal physical product is below the average physical product, the average physical
product will fall.
Q2.It was about price discrimination.(5marks)
Q3.Isoquant realeated question.(marks3)
MCQ were find marginal utility in 2nd quantity 13,23,33,60
Most of the MCQS were from past papers.
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