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a)_| Define isoquants.
y_| What is duopoly? Se
[c} | what is marginal rate “of technical substitutl_—__—
d) | What are GAPS? ¥ ee
2) | what is double entry book Keeping? ge
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at are outstanding expenses. ‘and its treat
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Define current ratio a
‘mean by stock and its tf
id assets?
‘ccount principle.
PART-B (Descriptive uestions)
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What are absolute lia
aplain the features of perfect mai
perfect market at ‘equilibrium position.
ng are te closing balance enttact€S Tom the boo)
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for the year ending 31st December
nd Loss Ae and Balance Sher, “ich prepare
Trading Account, Profit a