BECC 132 Solved Assignment 2022-23

 

BECC 132 Solved Assignment 2022-23

PRINCIPLES OF MICROECONOMICS – II

Course Code: BECC 132

Assignment Code: Asst /TMA /2022-23

Total Marks: 100

Assignment One

Answer the following Descriptive Category questions in about 500 words each. Each question carries 20 marks. Word limit does not apply in case of numerical questions. 2 × 20=40

1. (a) Discuss the implications of price regulation adopted in terms of MC/AC pricing by a public monopoly on the consumer welfare.

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(b) Consider a Monopoly producing good X. The firm has fixed costs equal to Rs 100 and the firm’s total costs increase by Rs 10 for each additional good X they produce. The inverse demand curve for good X is given by: P(X) = 200 – X, where P is the price.

(i) Write down an equation giving total costs for the firm as a function of X.

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(ii) What will be the equilibrium quantity of good X that the firm will produce? Also calculate the equilibrium profit.

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(iii) What would have been the equilibrium quantity had it been a perfectly competitive firm?

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2. (a) Discuss characteristic features of an Oligopolistic market structure. What are the various reasons that have led to emergence of this market structure?

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(b) With regards to the Kinked demand curve theory given by Paul Sweezy, answer the following:

(i) The demand curve facing an oligopolist is relatively more elastic above the kink and less elastic below the kink. Discuss.

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(ii) Comment on the shape of the Marginal revenue curve of this model.

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BECC 132 Solved Assignment 2022-23: FREE IGNOU Assignment You can Get All students of university who needs to submit assignments should download old assignments of the respective course of 2022 available above and submit at the concerned study center. The last dates will be 30th April and 30th October of every year until their registration is valid. New assignments will not be available any more for students as course was revised.

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BECC 132 Principles of Microeconomics – 2 Solved Assignment 2022-23 : Those students who had successfully submitted their Assignments to their allocated study centres can now check their Assignment Status. Alongside assignment status, they will also checkout their assignment marks & result. BLE 036 Solved Assignment 2022-23 All this is often available in a web mode. After submitting the assignment, you'll check you IGNOU Assignment Status only after 3-4 weeks. it'd take 40 days to declare.

Those students who had successfully submitted their Assignments to their allocated study centres can now check their Assignment Status. Along with assignment status, they can also checkout their assignment marks & result. All this is available in an online mode. After submitting the assignment, you can check you IGNOU Assignment Status only after 3-4 weeks. It might take 40 days to declare.

Here the students can check their IGNOU Assignment Status, marks, result or both the sessions i.e; June & December. BECC 132 Solved Assignment 2022-23 Once the TEE assignments have been submitted to the Centres, it is send to the evaluation department. After which the evaluation of IGNOU Assignment Solutions takes place.

BECC 132 Solved Assignment 2022-23 Once the TEE assignments are submitted to the Centres, it's send to the evaluation department. After which the evaluation of IGNOU Assignment Solutions takes place.

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