File Details:

Questions:

1. Explain the term Want.
2. What do you mean by Need?
3. Define Equi-marginal principle.
4. What is Price?
5. Explain the concept of Demand.
6. What is Cort?
7. Explain the Laws of Return.
8. Describe Cost curves.
9. Define Market.
10. What is Profit?
11. Explain the Nature of Business Economics.
12. Discuss the relationship of Business Economics with other subjects.
13. What is Elasticity of Demand?
14. Explain the concept of Demand forecasting in detail.
15. What are the Laws of return to scale?
16. Discuss Price discrimination under monopoly competition.
17. Explain Break Even Analysis in detail.
18. Critically evaluate Fundamental Economic tools.
19. Discuss Revenue Concepts with suitable example.
20. Explain various Cost concepts and their classification.
21. Discuss the Elementary idea of Inflation in detail.