ECO402 Current Final Term Fall 2013 Shared by Samra File 2

My today's ECO402 paper:

Total Qs: 60

Total mcqs: 52 

The short and long Qs are as follows:

1.when 3rd degree price discrimintation is feasible?

2.why price leadership evolve in some oligopolistic markets? how they choose profit max. pricing?

3.what are the factors of firms elasticity of demand?

4.what are conditions of burden of taxes; discuss w.r.t both consumers and producers?

5.if sales tax is imposed then what would be the affect on prices and output and also the no. of firms in the market?

6.calculate real prices. (data was given)

7.write down the conditions of competitive market equilibrium and if a firm in the market produce a new and improved version of the prodcut what would be the affect on the equilibrium price and quantity?

8.which model illustrates price competitoin in an oligopolistic market?

Hope it will help thosse who still have to attempt ECO402 paper....