Re: JNU-2008 ! Please join !

Posted by Ridhika on May 12, 2014; 7:27pm
URL: http://discussion-forum.276.s1.nabble.com/JNU-2008-Please-join-tp7587700p7589479.html

Hey guys.. all my answers (Section A only) are matching except 5 and 10

Ans 5) I think it should be (b) preferences, because at any point on the PPF efficiency is already met because all resources are used and so is feasibility. however it is preferences which will determin which of the points on the boundary of the PPF will be produced.

An 10) Between the 2 points (10,10) , (30,10) the TC curve can take any functional form that passes thought these points.. so MC can be anything at q=31

Can someone please explain 13 and 23? I thought 13 was quite simply A..