IGNOU MS-9 Question Papers

1. One of the most significant business and economic trends of the late twentieth century is the rise of ‘global’ or ‘stateless’. Corporation critically comment on the statement taking examples from the real world firms. 2. (a) Discuss the concept and features of monopolistic competition giving examples. (b) Explain which of the following markets could [...]

1. “The opportunity cost of anything is the return that can be had from the next be alternative use”. Elucidate the statement with reference to the opportunity cost principle applied in agricultural sector. 2. The demand function is written as Qd= F (Po, Pc, Ps, Yd, T, A, CR, R, E, N, 0) Describe each [...]

1. (a) Discuss the Laws of Returns to scale and describe the three stages of returns to scale. (b) Explain why Marginal Product (MP) is greater than (less than) Average Product (AP) when AP is rising (falling). 2. Write notes on any four : (a) Tastes and preferences as determinants of demand. (b) Economies of [...]