problem 1:
Discuss and illustarte out profit maximizing model in detail.
problem 2:
Discuss and illustarte out the various survey techniques to forecast demand.
problem 3:
Discuss and illustarte the characteristics of Monopolistic Competition.
problem 4:
Illustarte the price elasticity of demand and also describe its applications.
problem 5:
Discuss the factors determining elasticity of supply.
problem 6:
Illustarte any two (2) law of returns to scale with illustrations.