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AMITY GLOBAL BUSINESS SCHOOL, BANGALORE

INTERNAL TEST 2016

Subject Name: Micro Economics

Subject Code: BBAEN10101

Time: 1 Hour

Max Marks: 20
PART A: ANSWER ANY 2
EACH QUESTION CARRIES 5 MARKS

1. Explain the Law of Demand with neat and suitable diagram?


2. Explain the properties of Indifference Curve?
3. Explain various cost concepts.

PART B: ANSWER ANY 1


10 MARKS
1. Explain methods of measuring elasticity of demand.
2. Explain the Law of Variable Proportions with neat diagram.

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