ECO-06 Solved Assignment 2018-19
Course Code : ECO-06
Course Title : Economic Theory
Assignment Code : ECO-06/TMA/2018-19
Coverage : All Blocks
|Title Name||ECO-06 Economic Theory Solved Assignment 2018-19|
|Service Type||Solved Assignment (Soft copy/PDF)|
|Semester||2018-2019 Course: BCOM|
|Short Name||ECO-06 (ENGLISH)|
|Product||Assignment of BCOM 2018-2019 (IGNOU)|
|Submission Date||before March 31th, 2019 for the session July, 2018 and
before September 30th, 2019 for the session January 2019
Attempt all the questions.
1. State the Law of Diminishing Marginal utility and its limitations.
2. Explain the exceptions to the Law of demand using the distinction between substitution and
3. Explain an industry’s short period equilibrium in conditions of perfect competitions.
4. Explain the determination of a monopolist’s equilibrium in the long period.
5. Discuss the concepts of money wage and real wage. How are competitive wages determined
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