jnu ppp

[Akshay Jain]

wat was the ans to urn ques??

[Akshay Jain]

i think the IC is negetively sloped
consider this utility function U= W^2 + E^1/2
wage MU is increasing and effort MU is diminishing

[B]

I did it like the mpc for domestic goods was higher in home than the elasticity of demand for the foreigners imports since on the horizontal axis of their offer curve is our exportable. Due to the increase in imported goods price due to tariff the relative demand for home goods will increase and relative supply will also increase so there will be a rise in home's terms of trade and relative price of imports will fall.. I selected option a but i think i am pretty much wrong :(

[k]

ans of urn  was : second part ka 2/15 tha, first part ka i dont remember....

[k]

last yr cutoff was 92,how much we should expect this yr??

[B]

First part was 3/10 i guess.. The ICs will be positively sloped... Its the bad-good case. The question says utility was decreasing in effort... Thats different from the diminishing MUs

[Akshay Jain]

i marked option D...
but der was a misprint...hoping for the best....

[Ameya]

profit maximizing price was 20 amd quantity was 5 for monopolist

for next question, MC=P= 1 for perfect competition

[B]

Last year it was around 86-87... I found this year's paper more challenging than last year's... I hope cutoff kam ho iss baar...

[k]

B , acc to u ,what should be ans  of PPP ques?

[B]

I did not attempt it :( and Akshay ya i hope they give grace marks for errors like these cuz kal vaale paper mein bhi there were 3-4 errors like these...

[Akshay Jain]

are u sure bout last year's cutoff??

[B]

pretty much ya... atleast thats what my seniors told me :|

[Rhidima]

last yr's cutoff was 87-88. I also suppose this yrs cutoff will be li'll less..

[vandita24x7]

last year's cutoff was 90, coz most ppl scored 95, But last year's paper was a cakewalk compared to dis year's so dis year fingers crossed. and dat PPP ans will be... dat country A is worse off... just wat Rhidima said.  IC will be +vely sloped, no idea about dat probability question :( there is always one wrong question in SIS phew!

On Sun, May 19, 2013 at 8:11 PM, Rhidima [via Discussion forum] <[hidden email]> wrote:

last yr's cutoff was 87-88. I also suppose this yrs cutoff will be li'll less..

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NAML

[PTK]

i think wage effort shud be upward sloping as effort is a "bad"...but i m nt sure!!!

hey what abt tht ques where a firm had to set up a plant where its input was steel n labor....which nation will it choose?....nation A or nation B?

[Goyle]

i think wage effort shud be upward sloping as effort is a "bad"...but i m nt sure!!!

hey what abt tht ques where a firm had to set up a plant where its input was steel n labor....which nation will it choose?....nation A or nation B?

[Shawn]

Hey! Does someone here knows how does this subject preference thing work in JNU?

[max]

Wage effort one was upward sloping as one was inferior good.


Please someone explain tariff wala question.

And.PPP answer is at par

[whatever]

in the tariff question,where we were required to find if the countries' domestic price increases or decreases,we will apply the metzler paradox. whenever the foreign offer curves, price elasticity is low,the tarrif has a perverse impact on domestic import good's price.