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Hint: Guys dont waste your time on mcqs just study for
subjectives questions your most of mcqs will be covered
with concepts. you can download and study mcqs in last
hour before paper.
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from#ATEiX3oEjKrFLSrc.99
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best of luck
and plzz pray for me..
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July 16, 2012 at 12:49pm
My today eco402 paper 16 july 2012 at 11am pak time
timing=120 mins
88 marks
56 mcqs 12-15 came from past papers
4 ,3 marks question
4 ,5 marks questions
Write down the formulas of Lerner’s index of monopoly
power and the rule of thumb for pricing. 3
Explain the concept of intertemporal price discrimination
with the help of examples. 3
Explain the concept of risk neutral person with the help of
diagram. 3
Write down examples of upward sloping market supply of
inputs. Can market supply curve for labor be other then
upward sloping shape? If yes, then of what shape it can be?
3
Define two-part tariff. Also give examples to support your
answer. 5
What do the Cournot and Bertrand models have in common?
What is different about the two models?5
Why do some firms have considerable monopoly power and
others have little or none?5
What is meant by network externalities? Also explain snob
effect and bandwagon effect with the help of examples.
(Marks: 2+3)
best of luck friends
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July 17, 2012 at 4:12pm
90% 24 -45 lec sa tha past papers sa 12 13 tha mostly
monopoly ,two-part tariff,price discrimination sa tha
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