NKT/KS/17/6089. Bachelor of Arts (B.A.) Part I Second Semester Examination MICRO ECONOMICS (Optional) Time : Three Hours] [Maximum Marks : 80

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1 NKT/KS/17/6089 Bchelor of Arts (B.A.) Prt I Second Semester Exmintion MICRO ECONOMICS (Optionl) Time : Three Hours] [Mximum Mrks : 80 Note : (1) Attempt ALL questions. (2) All questions crry equl mrks. 1. Criticlly exmine Ricrdin Theory of Rent. OR Wht do you men by Sttisticl Averges? Explin merits nd demerits of different types of verges Wht is Monopoly Mrket? Explin short-run nd long-run equilibrium of the firm under Monopoly Mrket. OR Explin the chrcteristics of Oligopoly. Stte the price ledership under Oligopoly Mrket Answer the following questions in brief : () Explin the mening nd clssifiction of mrket on the bsis of time nd re. (b) Explin short-run equilibrium of the firms under perfect competition mrket. OR (c) Stte vrious fetures of Mrket. Explin the clssifiction of mrket on the bsis of competition. (d) Explin long-run equilibrium of the firms nd industry under Perfect Competition Answer the following questions in brief : () Explin the difference between verge cost nd mrginl cost with the help of digrm. (b) Differentite between rel cost nd money cost. OR (c) Explin the concept of Brek-Even point with the help of digrm. (d) Explin the reltionship between TR, AR nd MR. 16 NXO (Contd.)

2 5. Choose the correct lterntive : (1) The cost which does not chnge with the chnge in production? () Fixed cost (b) Vrible cost (c) Direct cost (d) Indirect cost (2) Wht is erned by selling the totl stock of the production in the mrket? () Mrginl revenue (b) Totl revenue (c) Averge revenue (d) None of these (3) The condition for Brek-Even point is : () Loss (b) Supernorml profit (c) Profit (d) No profit no loss (norml profit) (4) The point where the firm neither expnds nor contrcts its production is clled : () Equilibrium of the firm (b) Disequilibrium of the firm (c) Expnsion of firm (d) Contrction of firm (5) In which type of mrket we hve homogeneous product? () Monopoly (b) Perfect competition (c) Oligopoly (d) None of these (6) In which type of mrket AR = MR? () Monopoly (b) Perfect competition (c) Oligopoly (d) None of these (7) On the bsis of time, we divide mrket into : () 1 (b) 2 (c) 3 (d) 4 (8) In which type of mrket, there is no trnsporttion cost? () Oligopoly (b) Perfect competition (c) Monopoly (d) None of these (9) How mny sellers re in Monopoly Mrket? () One (b) Two (c) Few (d) Mny NXO NKT/KS/17/6089

3 (10) Price discrimintion is feture of which mrket? () Monopolistic (b) Perfect competition (c) Oligopoly (d) Monopoly (11) Which of the following is determined by the Monopoly Mrket? () Price (b) Supply (c) () nd (b) (d) None of these (12) Price ledership is found in which type of mrket? () Oligopoly (b) Perfect competition (c) () nd (b) (d) None of these (13) Who propounded Qusi Rent? () Robbins (b) Mrshll (c) Keynes (d) Pigou (14) Which fctor is the leder of orgniztion? () Cpitl (b) Lbour (c) Lnd (d) Orgniztion (15) Who propounded the Innovtion Theory of Profit? () Mrshll (b) Keynes (c) Schumpeter (d) Clrk (16) Which fctor of production gets wges? () Lnd (b) Lbour (c) Cpitl (d) Entrepreneur 16 NXO NKT/KS/17/6089

4 NKT/KS/17/6089 Bchelor of Arts (B.A.) Prt I Second Semester Exmintion MICRO ECONOMICS (Optionl) Time : Three Hours] [Mximum Mrks : 80 Note : (1) Attempt ALL questions. (2) All questions crry equl mrks. ¼ejkBh ekè;e½ 1. fjdkmks ZP;k [km fl)krkps fvdkred ifj{k.k djkfdok lkf[;dh; ek/;kpk vfkz dk; \ R;kP;k fofo/k izdkjkps xq.k nks"k Li"V djk ,dkf/kdkjkpk dk; vfkz vfhkiz sr vkgs \,dkf/kdkjkr is<hps vyidkyhu o nh?kzdkyhu lrqyu Li"V djkfdok vyikf/kdkjkph osf'k"vîs Li"V djk vkf.k vyikf/kdkj cktkjkrhy fder usr`ro lkxk [kkyhy iz'ukph FkksMD;kr mùkjs fygk % ¼v½ cktkjkpk vfkz Li"V djk vkf.k cktkjkps le;kuqlkj o HkkSxksfydrsuqlkj oxhzdj.k djk- ¼c½ iw.kzli/kkz cktkjkrhy vyidkyhu lrqyu Li"V djkfdok ¼d½ cktkjkph osf'k"vîs Li"V d:u R;kps Li/ks ZP;k vk/kkjkoj oxhzdj.k djk- ¼M½ iw.kzli/kkz cktkjkr is<h o m ksxkps nh?kzdkyhu lrqyu Li"V djk [kkyhy iz'ukph FkksMD;kr mùkjs fygk % ¼v½ ljkljh o flekr O;;krhy vrj vkñrhp;k lgk ;kus Li"V djk- ¼c½ oklrfod O;; vkf.k eksfnzd O;;krhy Qjd lkxkfdok ¼d½ lefopnsn fcnwph ldyiuk vkys[kklg Li"V djk- ¼M½,dw.k] ljkljh o lhekr izkirhrhy lc/k Li"V djk- 16 NXO (Contd.)

5 5. ;ksx; i;kz; fuomk % (1) mriknukp;k ek=sr cny >kyk rjh ts O;; cnyr ukgh R;kyk Eg.krkr % (v) flfkj O;; (c) cnyrs O;; (d) izr;{k O;; (M) vizr;{k O;; (2) mrikfnr ifjek.kkph foøh dsy;kurj is<hyk gks.kkjh fegdr iq<hyisdh dks.krh jkghy \ (v) flekr izkirh (c),dw.k izkirh (d) ljkljh izkirh (M) ;kisdh ukgh (3) le fopnsnu fcnwph flfkrh Eg.kts dks.krh flfkrh gks; \ (v) rksv~;kph (c) u ;kph (d) vfrjhdr u ;kph (M) uk uqk] uk rksvk (4) T;kosGsl is<hyk mriknu ifjek.kkr ok< fdok?kv dj.;kph iz sj.kk ulrs R;k volfksyk dk; Eg.krkr \ (v) is<hpk lerksy (c) is<hpk vlerksy (d) is<hpk folrkj (M) is<hpk ldksp (5) dks.kr;k cktkj Li/ks Zr olrw le:i vlrkr \ (v),dkf/kdkj (c) iw.kz Li/kkZ (d) vyikf/kdkj (M) ;kisdh ukgh (6) dks.kr;k cktkj Li/ks Zr ljkljh izkirh = lhekr izkirh vlrs \ (v),dkf/kdkj (c) iw.kzli/kkz (d) vyikf/kdkj (M) ;kisdh ukgh (7) dkgkuqlkj cktkjkps fdrh izdkj imrkr \ (v),d (c) nksu (d) rhu (M) pkj (8) dks.kr;k izdkjp;k cktkjkr okgrwd [kpz 'kwu; vlrks \ (v) vyikf/kdkj (c) iw.kz Li/kkZ (d),dkf/kdkj (M) ;kisdh ukgh (9),dkf/kdkj Li/ks Zr fdrh foøsrs vlrkr \ (v),d (c) nksu (d) dkgh (M) vl[; NXO NKT/KS/17/6089

6 (10) ewy; fohksn dks.kr;k Li/ks Zps osf'k"vî vkgs \ (v),dkf/kdkj ;qdr (c) iw.kz Li/kkZ (d) vyikf/kdkj (M),dkf/kdkj (11),dkf/kdkjh cktkjke/;s [kkyhyisdh dk; fuf'pr djrks \ (v) fder (c) iqjobk (d) ¼v½ vkf.k ¼c½ (M) dks.krsgh ukgh (12) fder usr`ro dks.kr;k izdkjp;k cktkjke/;s fnlwu ;srs \ (v) vyikf/kdkj (c) iw.kz Li/kkZ (d) ¼v½ vkf.k ¼c½ (M) ;kisdh ukgh (13) vkhkkl [kmkph ldyiuk dks.kh ekmyh \ (v) jkwfcul (c) ek'kzy (d) dsul (M) fixw (14) mriknukpk dks.krk?kvd O;oLFkkiukps usr`ro djrks \ (v) HkkMoy (c) Je (d) Hkweh (M) l?kvd (15) u ;kpk uoizorzu fl)kr dks.kh ekmyk \ (v) ek'kzy (c) dsul (d) 'kqeihvj (M) DykdZ (16) et+ wjh dks.kr;k mriknd?kvdkpk ekscnyk vkgs \ (v) Hkweh (c) Je (d) HkkMoy (M) l?kvu 16 NXO NKT/KS/17/6089

7 NKT/KS/17/6089 Bchelor of Arts (B.A.) Prt I Second Semester Exmintion MICRO ECONOMICS (Optionl) Time : Three Hours] [Mximum Mrks : 80 Note : (1) Attempt ALL questions. (2) All questions crry equl mrks. ¼fgUnh ekè;e½ 1. fjdkmks Z ds yxku fl)kr dk vkykspukred ijh{k.k dhft;sa vfkok lkf[;dh; vkslrks ls D;k vfhkizk; gs \ fofhkuu vkslrks ds xq.k,o nks"k Li"V dhft;sa 16 2.,dkf/kdkj ls D;k rkri;z gs \ vyidky,o nh?kzdky es QeZ dk lrqyu Li"V dhft;sa vfkok vyikf/kdkj dh fo'ks"krk, crkb;s vksj bles dher usr`ro le>kb;sa fueu iz'uks ds mùkj l{ksi es nhft;s % ¼v½ ckt+kj dk vfkz Li"V dhft;s,o le;kuqlkj o {ks=kuqlkj bldk oxhzdj.k dhft;sa ¼c½ iw.kzizfr;ksfxrk ds vurxzr QeZ dk vyidkyhu lrqyu Li"V dhft;sa vfkok ¼d½ cktkj dh fo'ks"krk, Li"V djrs gq,] mldk izfr;ksfxrk ds vk/kkj ij oxhzdj.k dhft;sa ¼M½ iw.kzizfr;ksfxrk es QeZ,o m ksx dk nh?kzdkyhu lrqyu Li"V dhft;sa fueu iz'uks ds mùkj l{ksi es fyf[k;s % ¼v½ vkslr,o lhekur ykxr es js[kkfp= dh lgk;rk ls vrj Li"V dhft;sa ¼c½ oklrfod,o eksfnzd ykxr es vrj crkb;sa vfkok ¼d½ lefopnsn fcnq (Brek-even point) dh ldyiuk js[kkfp= dh lgk;rk ls Li"V dhft;sa ¼M½ dqy vkslr,o lhekur vkxe es lc/k Li"V dhft;sa 16 NXO (Contd.)

8 5. ;ksx; fodyi dk pquko dhft;s % (1) mriknu dh ek=k es ifjorzu gksus ij tks ykxrs ugh cnyrh os D;k dgykrh gs \ (v) flfkj ykxr (c) ifjorzu'khy ykxr (d) izr;{k ykxr (M) vizr;{k ykxr (2) dqy mriknu dh fcøh ds i'pkr QeZ dks fueu es ls D;k izkir gksrk gs \ (v) lhekur vkxe (c) dqy vkxe (d) vkslr vkxe (M) bues ls ugh (3) lefopnsn fcnq dh flfkfr vfkkzr % (v) gkfu (c) ykhk (d) vfrfjdr ykhk (M) u ykhk u gkfu ¼lkekU; ykhk½ (4) ftl volfkk es QeZ uk gh mriknu c<+kuk pkgrh gs uk?kvkuk] og volfkk D;k dgykrh gs \ (v) QeZ dk lrqyu (c) QeZ dk vlrqyu (d) QeZ dk folrkj (M) QeZ dk ldqpu (5) fdl izfr;ksxh cktkj es le:i olrq, ikbz tkrh gs \ (v),dkf/kdkj (c) iw.kzizfr;ksfxrk (d) vyikf/kdkj (M) bues ls ugh (6) fdl ckt+kj es AR = MR gksrk gs \ (v),dkf/kdkj (c) iw.kz izfr;ksfxrk (d) vyikf/kdkj (M) bues ls ugh (7) le;kuqlkj ckt+kj fdrus izdkj dk gksrk gs \ (v) 1 (c) 2 (d) 3 (M) 4 (8) fdl izdkj ds ckt+kj es ifjogu ykxrs 'kwu; gksrh gs \ (v) vyikf/kdkj (c) iw.kz izfr;ksfxrk (d),dkf/kdkj (M) bues ls ugh (9),dkf/kdkj izfr;ksfxrk es fdrus foøsrk gksrs gs \ (v),d (c) nks (d) dqn (M) vl[; NXO NKT/KS/17/6089

9 (10) dher fohksn fdl izfr;ksfxrk dh fo'ks"krk gs \ (v),dkf/kdkjkred (c) iw.kzizfr;ksfxrk (d) vyikf/kdkj (M),dkf/kdkj (11),dkf/kdkjh ckt+kj es fueu es ls D;k fuf'pr dj ldrk gs \ (v) dher (c) iwfrz (d) ¼v½,o ¼c½ (M) bues ls ugh (12) dher usr`ro fdl ckt+kj es ik;k tkrk gs \ (v) vyikf/kdkj (c) iw.kzizfr;ksfxrk (d) ¼v½,o ¼c½ (M) bues ls ugh (13) vkhkkl yxku dh ldyiuk fdl vfkz'kkl=h }kjk izlrqr dh xbz gs \ (v) jkwfcul (c) ek'kzy (d) dhul (M) ihxw (14) mriknu dk dksulk lk/ku O;oLFkkiu dk usr`ro djrk gs \ (v) iw th (c) Je (d) Hkwfe (M) lxbu (15) ykhk dk uoizorzu fl)kur fdlus s izlrqr fd;k gs \ (v) ek'kzy (c) dhul (d) 'kqeihvj (M) DykdZ (16) et+nwjh mriknu ds fdl lk/ku dk iqjldkj gs \ (v) Hkwfe (c) Je (d) iw th (M) lkglh 16 NXO NKT/KS/17/6089

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