Note:

1. Last date of Submission : 7th September, 2012

2. Assignment should be handwritten.

Semester-I
Business Economics-I
BBA-103
Assignment-I(2012)

1.
What is consumers equilibrium?
Explain consumers equilibrium with
the help of indifference Curve
Analysis? Also state the conditions
for consumers equilibrium.
2.
Define Price, Income and Cross
elasticities of Demand. Discuss the
various factors affecting elasticity of
demand.
3.
Write notes on any two of the
following :
(i) Marginal rates of Technical
Substitution.

(ii) Law of Variable proportions.

(iii) Kinked demand curve model of
oligopoly.
(iv) Properties of indifference curve.