Microeconomics
Microeconomics
1. Explain with the help of examples, how the price of a product is determined in market.
Also, explain the change in equilibrium prices & quantity under following cases:
a. Increase in demand > increase in supply
b. Increase in demand < increase in supply
c. Increase in demand = increase in supply
2. What is elasticity of demand and supply? Explain in detail (with the help of examples) the
factors, which determines the elasticity of demand and supply.
Describe the Human Resource Planning process
State any 3 types of interviews with examples of the situation in which a particular type
of interview is used
What do you understand by Internationalization. Include in your response, the process,
challenges, barriers, advantages and disadvantages
How can a nation seek to attain competitive advantage. Explain with reference to context of
the Michael Porter Diamond Theory
The State Government granted license to Sweet sugar Ltd. to manufacture
and sell sugar with a stipulation that 40 % of the output should be sold to the
state government at a controlled price of Rs.3000 per ton and the balance output
can be sold in the open market at any price.
Following are the details of sweet sugar ltd. for the year ended 31st march 2004.
During the year 3600 tons sugar cane was consumed at Rs. 1000 per ton. Direct
labor amounted to Rs.825 per ton of sugar produced.
The details of other expenditure are as follows:
Particulars Rs.
Direct expenses 4,20,000
Telephone charges 3,52,695
Office computer purchased 2,75,350
Factory rent and insurance 3,54,760
Machinery purchased 4,25,560
Machinery repairs 98,847
Commission on sales 3,37,650
Factory salaries 2,19,588
Carriage outward 1,54,090
Packing expenses 1,94,450
Essay About State Government And Sweet Sugar
Essay, Pages 1 (257 words)
Latest Update: July 13, 2021
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