Microeconomics for Business Questions by Chapter

Introduction to Microeconomics

1.

Write any four scopes business economics.

(व्यवसायिक अर्थशास्त्रका कुनै चारवटा क्षेत्रहरु लेख्नुहोस् ।)
Asked in 2083 (2 marks)
2.

Draw the production possibility curve.

(उत्पादन सम्भाव्यता वक्र खिच्नुहोस् ।)
Asked in 2083 (2 marks)
3.

Differentiate between micro static and comparative micro static analysis.

(सूक्ष्म स्थिर र तुलनात्मक सूक्ष्म स्थिर विश्लेषण बिच भिन्नता छुट्ट्याउनुहोस् ।)
Asked in 2083 (10 marks)
4.

Draw a production possibility curve and show the efficient and inefficient combinations of production of an economy on the curve?

(उत्पादन सम्भाव्यता वक्रको रेखाचित्र बनाउनुहोस् र एउटा अर्थतन्त्रको कुशल र अकुशल उत्पादन संयोगहरूलाई रेखाचित्रमा देखाउनुहोस् ।)
Asked in 2082 (2 marks)
5.

Differentiate between static and dynamic analysis in microeconomics.

(सूक्ष्म अर्थशास्त्रमा स्थिर र गतिशील विश्लेषण बिच भिन्नता छुट्ट्याउनुहोस् ।)
Asked in 2082 (10 marks)
6.

Business economics normative in character. Why?
Asked in 2081 (2 marks)
7.

What is microeconomics? Explain its uses in solving operational problems faced by business firms.
Asked in 2081 (10 marks)
8.

Write any four uses of microeconomics.
Asked in 2080 (2 marks)
9.

Describe the nature of business economics.
Asked in 2080 (10 marks)
10.

What are the characteristics of business economics?
Asked in 2079 (2 marks)
11.

Describe the nature of microeconomics.
Asked in 2079 (10 marks)
12.

Why does production possibility curve slope concave downwards?
Asked in 2078 (2 marks)
13.

Describe the nature and scope of business economics.
Asked in 2078 (10 marks)
14.

What are the uses of microeconomics?
Asked in 2077 (2 marks)
15.

Write any four principles of economics.
Asked in 2077 (2 marks)
16.

Explain the scope of business economics.
Asked in 2077 (10 marks)

Market Equilibrium and Efficiency

Elasticity of Demand and Supply

Analysis of Consumer's Behavior

Units of consumption	1	2	3	4	5	6	7
MU of apple	800	700	600	500	400	300	200
MU of banana	500	450	400	350	300	250	200

Theory of Production

1.

State the Cobb-Douglas production.

(कब-डग्लस उत्पादन फलन उल्लेख गर्नुहोस् ।)
Asked in 2083 (2 marks)

2.

Consider the following two production preference schedules of a producer:

(उत्पादकका निम्न दूईवटा उत्पादन प्राथमिकता सूचीहरुमा ध्यान दिनुहोस् :)

Schedule 1				Schedule 2
Combination	K	L	Output	Combinations	K	L	Output
A1	10	60	1000	A2	10	75	1500
B1	20	25	1000	B2	20	40	1500
C1	30	10	1000	C2	30	25	1500
D1	40	5	1000	D2	40	15	1500

a. Compute total cost for each combination of capital and labor if price of use of capital is Rs.10, price of labor is Rs.5 and the producer has total cost outlay Rs.400 and identify the least cost combination.

(यदि पूँजीको प्रयोगको मूल्य रु. १० श्रमको मूल्य रु. ५ छ र उत्पादकसँग कूल लागत खर्च रु. ४०० छ भने पूँजी र श्रमको हरेक संयोगको कूल लागत गणना गर्नुहोस् र न्यूनतम लागत संयोग पत्ता लगाउनुहोस्।)

b. Sketch the isoquants \( \text{IQ}_1 and \text{IQ}_2 \) by using schedule 1 and schedule 2 respectively and sketch the isocost line also. Identify the optimal combination of capital and labor in figure.

(सूचि १ र सूचि २ प्रयोग गरेर सम उत्पादन रेखाहरू क्रमशः \( \text{IQ}_1 र \text{IQ}_2 \) खिच्नुहोस् तथा सम लागत रेखा समेत खिच्नुहोस् । चित्रमा पूँजी र श्रमको अधिकतम संयोग पत्ता लगाउनुहोस् ।)

Long question Asked in 2083 (10 marks)

PRICE (RS)	QDX = 100-5PX	QSX = 30+5PX
5	-	-
6	-	-
7	-	-
8	-	-
9	-	-
10	-	-

Points:	A	B	C	D	E
Income (RS):	10000	20000	30000	40000	50000
Demand (Units):	200	400	600	800	1000

Price (RS)	Quantity Demanded (Income = Rs. 20000)	Quantity Demanded (Income = Rs. 25000)
180	80	100
220	60	80

No. of Labor	Total Production	Average Production	Marginal Production
0
1
2
3
4
5
6
7
8
9

Labour (L)	0	1	2	3	4	5	6	7
TP_L	0	20	48	78	104	120	120	98