how was jnu sis???

[Granpa Simpson]

thats the main thing to worry about..last year it was 91..!!!

[Arushi :))]

yeah right.... what was for monopolistic competition????

[ishita1793]

what was the mnopolistic question?
and the land supply one?

[Granpa Simpson]

U will get thru Arushi dont worry..

[Granpa Simpson]

not sure but it shud be tangent to ATC but not at the minimum point..!!!!

[bhavya jain]

a) for monopolistic.
how many did u ppl leave?

[Arushi :))]

naiiii...... i left two questions,, and 1 is wrong,
so that way if rest are correct ( IF) then it would be 87 !!

[Arushi :))]

yeah that way i marked d as the answer , bcz max profit is 0  and AC is not min

[ishita1793]

what was the question? i forgot the question..the land supply and monopolistic competition one :/

[Arushi :))]

monopolistic compn was on long run profits ..
a monopolistic compn has zero profits in long run
b in monopolistic comp firms can earn profit in long run bcz of product diff
c in perfect comp firms can earn profit in long run
d in long run firms  max profit but AC is not at min in monopl comp

[bhavya jain]

Q Arushi see this
http://www.cliffsnotes.com/more-subjects/economics/monopolistic-competition-and-oligopoly/monopolistic-competition-in-the-long-run
....... the firm's economic profits are zero, and there is no longer any incentive for new firms to enter the market......

[Anjali]

But for land ques , don't you think that both X and Y increase in absolute terms ? It's only that sometimes when land increases in such a great proportion that it may outweigh the production of the other good.

[The Villain]

You will clear arushi...
Girls get +5 marks also..

[Arushi :))]

haann so maximum profit is 0 and cost is not at min ... whereas in first part it was given that AC is at min ..

[Anjali]

I marked D for monopolistic competition
And what about that land and capital one ?

[Anjali]

For free trade policy I marked large country , because small countries remain unaffective of international prices

[ishita1793]

wasnt it labour supply and not land supply? where the MPL and mpk was given?

[E A Ibrahim]

In SSS paper, there was a question   to identify the public goods among congested highway, national defense and fire protection.  What is the answer?
 

[positiva93]

I answered "all of the above". It was confusing. What do you think was the answer?

[E A Ibrahim]

I too wrote the same. What about the question about finding the equilibrium growth of rate from growth equations. I got 10000. What about you guys?