B.Tech II-II (First Mid Assignment Questions )

                                                              BEFA

Dear Students, write the Answers for the following Assignment questions and submit it soon without fail.

Unit-1

1. State the Law of Demand. What are its exceptions.

2. Describe the scope of Business Economics.

3. Define Elasticity. Explain the types of Elasticity of demand.

Unit-2

1. Write a note on a) Production Function b) Iso-Quants c) Iso-Costs

2. Explain the different types of costs.

3. Explain Break-even Analysis with an example

Unit-3

1.Define Market. Explain types of competition

2. Describe the features of a Perfect Market

3. List out pricing strategies