Q1. The output changes with the level of output however the ratio varies, describe why? prepare down the laws which govern it?
Q2. describe how are output a pricing decisions made beneath the Monopolistic Market situations?
Q3. describe how do Monetary and Fiscal Policies help in stabilizing the prices and fueling Economic Growth? Describe.
Q4. What do you mean by National income? describe how is it Measured?
Q5. prepare down in brief the given:
a) CPI (Consumer Price Index)
b) Economics of Scale
c) Utility
d) Macro Economics.
Q6. prepare Detail notes on any two of the given:
a) Sales maximization versus Profit Maximization
b) Marginal Costing
c) Inflation