Shri Krishan Institute of Engineering & Technology, Kurukshetra

3rd SESSIONAL Nov 2017

BRANCH: MBA SEMESTER: 1ST SUBJECT: ME
SECTION: NO. OF COPIES: 42 MM:20
Do any two. All questions carry equal marks.

QUESTION PAPER SET : 1

1. Show, how price and output of firm can be determined under perfect
competition both in short period and long period.(2015)
2. How is the national income of an economy measured? What are the problems
of measurement of national income. (2015)
3. What are the causes of inflation? Suggest measures to control inflation (2016)