ISI PEB (Economics), 2014 ANSWERS 1 TO 5..

Posted by kk on Mar 23, 2015; 2:59pm
URL: http://discussion-forum.276.s1.nabble.com/ISI-PEB-Economics-2014-ANSWERS-1-TO-5-tp7595987.html

http://economicsentrance.weebly.com/uploads/1/1/0/5/1105777/syll-sample-msqe-peb-2014.pdf

I HAVE SOLVED THE FIRST 5 QUESTIONS OF ISI 2014 PEB ECONOMICS AND I AM GETTING THE FOLLOWING ANSWERS..PLEASE TELL ME IF YOU ARE GETTING THE SAME ANSWERS.

QUESTION 1 (a) QUANTITY=3 PRICE- 7 IN DOMESTIC MARKET. AND PRICE=QUANTITY=5 IN EXPORT MARKET
(b) QUANTITY=2 AND PRICE-8

QUESTION 2 (a) (1) a=b = 20    (2) a=b=5   (b) DEADWEIGHT LOSS= 350 THOUSANDS OF UNITS  (b)PRICE CEILING=RS 30/UNIT

QUESTION 3 (a) (1) MAX PROFIT =532.2 (2) REMAINS SAME  (b) (1) EQUILIBRIUM PRICE =5 (2) DOUBT
QUESTION 4  (a) (1) QUANTITY =8 AND PRICE =12  (2) QUANTITY = 6 AND PRICE =14
QUESTION 5 (a) q1 =q2 =3 (b)  q1=q2 =7/2