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IGNOU BECC 108 Solved Assignment 2022-23

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IGNOU BECC 108 Solved Assignment 2022-23

We provide handwritten PDF and Hardcopy to our IGNOU and other university students. There are several types of handwritten assignment we provide all Over India. BECC 108 INTERMEDIATE MICROECONOMICS – II Solved Assignment 2022-23 Download Free We have worked in this field for so long. You can get your assignment done – 8130208920

Important Note – IGNOU BECC 108 Solved Assignment 2022-2023  Download Free You may be aware that you need to submit your assignments before you can appear for the Term End Exams. Please remember to keep a copy of your completed assignment, just in case the one you submitted is lost in transit.

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Submission Date :

  • 31st March 2033 (if enrolled in the July 2033 Session)
  • 30th Sept, 2033 (if enrolled in the January 2033 session).

Answer the following Descriptive Category questions in about 500 words each. Each question carries 20 marks. Word limit does not apply in case of numerical questions in Assignment One.

Answer the following Middle Category questions in about 250 words each. Each question carries 10 marks. Word limit does not apply in case of numerical questions in Assignment Two.

Answer the following Short Category questions in about 100 words each. Each question carries 6 marks in Assignment Three.

Answer all the questions.

Assignment One


1.(a) Consider an economy with only one good, food. There are three people in the economy, A, B and C. A has 400 units of food, B has 100 units, and C has only 16 units. All have the same utility, Ui =√f for i = A, B, C and where f stands for food. The social welfare function for this society is the sum of the utilities of the three individuals.

(i) The government decides to redistribute food more equally, so it takes 175 units from A and gives them to B. However, the government spoils 79 of these units in transportation, so B ultimately gets only 96 units of food. What is each person’s utility level now? Find the social welfare level in this case.

(ii) Assume now that the government considers a different redistribution scheme. Starting with the original endowments, the government takes 175 units from A. This time it wishes to give them to C, but in transportation it destroys 91 units, so C only gets 84 of these extra units. What is each person’s utility level now? Find the social welfare level in this case.

(iii) Compare parts (i) and (ii) in terms of social welfare. Explain what you infer.

(b) Explain the First theorem of welfare and Second theorem of welfare.


2). (a) What is the difference between a Dominant strategy and a Nash equilibrium?

(b) Consider the following game: Two criminals are thinking about pulling off a bank robbery. The take from the bank would be Rs.25,000 each, but the job requires two people (one to rob the bank and one to drive the getaway car. Each criminal could instead rob a liquor store. The take from robing a liquor store is only Rs.2000 but can be done with one person acting alone.

i) Write down the payoff matrix for this game.

ii) Explain the pure strategy equilibria.

(c) Consider the following version of the prisoner’s dilemma game: 

ignou becc 108 solved assignment 2022-23

a) What is each player’s dominant strategy? Explain.
b) Explain the Nash equilibrium of the game. 


Assignment Two


3. What is a natural monopoly? Discuss and differentiate the marginal cost pricing and average cost pricing under natural monopoly.

4. Differentiate between Signalling and Screening as solutions to problem of asymmetric information. Give a brief explanation of how do these solutions work.

5. With the help of Grand Utility Possibility Curve, explain how does society maximise social welfare.


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IGNOU BECC 108 Solved Assignment 2022-2023 We provide handwritten PDF and Hardcopy to our IGNOU and other university students. There are several types of handwritten assignment we provide all Over India. BECC 108 INTERMEDIATE MICROECONOMICS – II Solved Assignment 2022-23 Download Free We are genuinely work in this field for so many time. You can get your assignment done – 8130208920


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Assignment Three


6. Do you think in a system where people pay for their own education, there might be underspending on education? Give reasons for your response.

7. Briefly explain the problem of Moral Hazard that arises in the insurance industry.

8. What do you mean by the term ‘Dead Weight Loss’? Explain with the help of a diagram. Discuss the reasons of its existence.

9. Discuss the concept of Pareto Optimality and briefly explain its criteria.

10. Differentiate between a Normal form game and Extensive form game.


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IGNOU Instructions for the BECC 108 INTERMEDIATE MICROECONOMICS – II Solved Assignment 2022-23

IGNOU BECC 108 Solved Assignment 2022-2023 Download Free  Before attempting the assignment, please read the following instructions carefully.

  1. Read the detailed instructions about the assignment given in the Handbook and Programme Guide.
  2. Write your enrolment number, name, full address and date on the top right corner of the first page of your response sheet(s).
  3. Write the course title, assignment number and the name of the study centre you are attached to in the centre of the first page of your response sheet(s).
  4. Use only foolscap size paperfor your response and tag all the pages carefully
  5. Write the relevant question number with each answer.
  6. You should write in your own handwriting.



GUIDELINES FOR IGNOU Assignments 2022-23

IGNOU BECC 108 Solved Assignment 2022-23 You will find it useful to keep the following points in mind:

  1. Planning: Read the questions carefully. IGNOU BECC 108 Assignment 2022-23 Download Free Download PDF Go through the units on which they are based. Make some points regarding each question and then rearrange these in a logical order. And please write the answers in your own words. Do not reproduce passages from the units.
  2. Organisation: Be a little more selective and analytic before drawing up a rough outline of your answer. In an essay-type question, give adequate attention to your introduction and conclusion. IGNOU BECC 108 Solved Assignment 2022-2023 Download Free Download PDF The introduction must offer your brief interpretation of the question and how you propose to develop it. The conclusion must summarise your response to the question. In the course of your answer, you may like to make references to other texts or critics as this will add some depth to your analysis.
  3. Presentation: IGNOU BECC 108 Solved Assignment 2022-2023 Download Free Download PDF Once you are satisfied with your answers, you can write down the final version for submission, writing each answer neatly and underlining the points you wish to emphasize.

IGNOU Assignment Front Page

The top of the first page of your response sheet should look like this: Get IGNOU Assignment Front page through. And Attach on front page of your assignment. Students need to compulsory attach the front page in at the beginning of their handwritten assignment.

ENROLMENT NO: …………………………………………………….

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ASSIGNMENT NO: …………………………………………………

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DATE: ……………………………………………………………………



BECC 108 Handwritten Assignment 2022-23

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