#1
20th October 2014, 01:14 PM
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NET exam question papers & Study material
Hi I want the question papers of Economics of NET exam and Study material for this exam?
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#2
21st October 2014, 08:31 AM
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Re: NET exam question papers & Study material
As you want the question papers of Economics of NET exam and Study material for this exam so here I am providing you UGC NET Exam Economics question paper 1. Who distinguished between value in use and value in exchange and gave the famous example of diamonds and water ? (A) Adam Smith (B) David Ricardo (C) Alfred Marshall (D) Karl Marx 2. In an economy of two individuals A and B and two commodities X and Y, general equilibrium of production and exchange occurs when (A) MRTXY =PX/PY (B) MRSXY for A and B=PX/PY (C) MRSAXY= MRSBXY (D) MRTXY = MRSAXY= MRSBXY 3. When income effect becomes stronger than substitution effect, the labour supply curve will (A) Slope positively (B) Negatively sloped (C) Bend backward (D) Slope upwards 4. Assertion (A) : The concept of supply curve is meaningless for the monopolist. Reason (R) : Monopolists are price setters; it does not make reuse to ask what output they will produce at various prices. Codes : (A) Both (A) and (R) are correct and (R) is the correct explanation of (A). (B) (A) is correct, but (R) is not correct. (C) Both (A) and (R) are correct, but (R) is not the correct explanation of (A). (D) (R) is correct, but (A) is incorrect. 5. Predatory pricing policy is designed to (A) drive competitors out of business (B) maximise profits (C) encourage entrants into the market (D) attain least cost output For more questions here I am attaching a pdf file Here I am suggesting some books for this exam- |
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