Question 1
Write short notes on the following::

 i)    Scarcity and choices

ii)   Isoquants and isocost curves

iii)  Substitute and complementary goals

iv)  Opportunity cost

 Question 2

 a)          Explain what the term indifference curve entails.

 b)         By use of indifference curves diagrams, show and explain:

 i)  Consumers equilibrium
ii) Income and substitution effect of a fall in price and inferior good


        c)          What is a monopolist market?


b)         Write short explanatory notes on the following:


i)   Positive and normative economics

ii)  Price discrimination

iii) Marginal rate of technical substitution

Advanced Writers

We have some of the most advanced custom paper writers in the industry with years of experience and training

Read More

One-Stop Shop

We have everything you need for all your custom writing needs. From Writing to editing. Mention it

Read More

Online Writing Services

Our writing services are available online from any part of the world 24/7. Buy, Pay & Receive online.

Read More