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