Micro-Economics MTE 2 (BBA)

QuestionSectionMarks
Describe how the study of oligopoly helps you to understand an automobile industry.A1.5
Can you explain the perfect competition.A1.5
Explain Monopoly. Why do you think the Indian Railways is an example for this?B2
Demonstrate the relationship between AC and MCB2
How the study of Law of Returns and Returns to Scale is beneficial to manager? Briefly bringout the differences between the two.C4

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