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Contents
- 1 IGNOU BECC 132 Solved Assignment 2022-23
- 2 1. (a) Discuss the implications of price regulation adopted in terms of MC/AC pricing by a public monopoly on the consumer welfare.
- 3 (b) Consider a Monopoly producing good X. The firm has fixed costs equal to Rs 100 and the firm’s total costs increase by Rs 10 for each additional good X they produce. The inverse demand curve for good X is given by: P(X) = 200 – X, where P is the price.
- 4 (i) Write down an equation giving total costs for the firm as a function of X.
- 5 (ii) What will be the equilibrium quantity of good X that the firm will produce? Also calculate the equilibrium profit.
- 6 (iii) What would have been the equilibrium quantity had it been a perfectly competitive firm?
- 7 2. (a) Discuss characteristic features of an Oligopolistic market structure. What are the various reasons that have led to emergence of this market structure?
- 8 (b) With regards to the Kinked demand curve theory given by Paul Sweezy, answer the following:
- 9 (i) The demand curve facing an oligopolist is relatively more elastic above the kink and less elastic below the kink. Discuss.
- 10 (ii) Comment on the shape of the Marginal revenue curve of this model.
- 11 Assignment Two
- 12 3. A country can have a comparative advantage in producing a good even if it is absolutely less efficient at producing that good. Do you agree? Explain using an example.
- 13 4. (a) Compare and contrast the Marshall’s concept of rent with that given by the Ricardian.
- 14 (b) Draw a backward bending labour supply curve. Explain why does this curve bend backwards?
- 15 5. Using appropriate diagrams compare the level of production when there is a positive production externality with the production level when there is a negative production externality. How can the resulting inefficient production levels be corrected?
- 16 GET IGNOU Handwritten Hardcopy , WhatsApp – 8130208920
- 17 Assignment Three
- 18 6. Discuss the theory of Excess capacity associated with the long run equilibrium under Monopolistic competition. 7. How is equilibrium achieved when labour market is imperfectly competitive? 8. What is a Cartel? Comment upon the stability of a cartel. 9. What are the major agreements of the WTO? 10. Compare and contrast the elasticities of demand curves under Monopoly and Monopolistic competition.
- 19 Get IGNOU BECC 132 Solved Assignment 2022-23 Download Free Now here from this website.
- 20
- 21 GUIDELINES FOR IGNOU Assignments 2022-23
- 22 IGNOU Assignment Front Page
- 23 BECC 132 Handwritten Assignment 2022-23
IGNOU BECC 132 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 132 PRINCIPLES OF 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
Important Note – IGNOU BECC 132 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.
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) Discuss the implications of price regulation adopted in terms of MC/AC pricing by a public monopoly on the consumer welfare.
(b) Consider a Monopoly producing good X. The firm has fixed costs equal to Rs 100 and the firm’s total costs increase by Rs 10 for each additional good X they produce. The inverse demand curve for good X is given by: P(X) = 200 – X, where P is the price.
(i) Write down an equation giving total costs for the firm as a function of X.
(ii) What will be the equilibrium quantity of good X that the firm will produce? Also calculate the equilibrium profit.
(iii) What would have been the equilibrium quantity had it been a perfectly competitive firm?
2. (a) Discuss characteristic features of an Oligopolistic market structure. What are the various reasons that have led to emergence of this market structure?
(b) With regards to the Kinked demand curve theory given by Paul Sweezy, answer the
following:
(i) The demand curve facing an oligopolist is relatively more elastic above the kink and less elastic below the kink. Discuss.
(ii) Comment on the shape of the Marginal revenue curve of this model.
Assignment Two
3. A country can have a comparative advantage in producing a good even if it is absolutely less efficient at producing that good. Do you agree? Explain using an example.
4. (a) Compare and contrast the Marshall’s concept of rent with that given by the
Ricardian.
(b) Draw a backward bending labour supply curve. Explain why does this curve bend
backwards?
5. Using appropriate diagrams compare the level of production when there is a positive production externality with the production level when there is a negative production externality. How can the resulting inefficient production levels be corrected?
IGNOU Handwritten Hardcopy , WhatsApp – 8130208920
IGNOU BECC 132 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 132 PRINCIPLES OF 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. Discuss the theory of Excess capacity associated with the long run equilibrium under Monopolistic competition.
7. How is equilibrium achieved when labour market is imperfectly competitive?
8. What is a Cartel? Comment upon the stability of a cartel.
9. What are the major agreements of the WTO?
10. Compare and contrast the elasticities of demand curves under Monopoly and Monopolistic competition.
Get IGNOU BECC 132 Solved Assignment 2022-23 Download Free Now here from this website.
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IGNOU Instructions for the BECC 132 PRINCIPLES OF MICROECONOMICS – II Solved Assignment 2022-23
IGNOU BECC 132 Solved Assignment 2022-2023 Download Free Before attempting the assignment, please read the following instructions carefully.
- Read the detailed instructions about the assignment given in the Handbook and Programme Guide.
- Write your enrolment number, name, full address and date on the top right corner of the first page of your response sheet(s).
- 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).
- Use only foolscap size paperfor your response and tag all the pages carefully
- Write the relevant question number with each answer.
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GUIDELINES FOR IGNOU Assignments 2022-23
IGNOU BECC 132 Solved Assignment 2022-23 You will find it useful to keep the following points in mind:
- Planning: Read the questions carefully. IGNOU BECC 132 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.
- 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 132 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.
- Presentation: IGNOU BECC 132 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.
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BECC 132 Handwritten Assignment 2022-23
IGNOU BECC 132 Solved Assignment 2022-23 – We provide handwritten PDF and Hardcopy to our IGNOU and other university students. BECC 132 PRINCIPLES OF MICROECONOMICS – II Solved Assignment 2022-23 Download Free Download PDF There are several types of handwritten assignment we provide all Over India. BECC 132 PRINCIPLES OF MICROECONOMICS – II Solved Assignment 2022-23 Download Free Download PDF We are genuinely work in this field for so many time. You can get your assignment done –8130208920
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