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Old Exam Papers Dec. 2010 - Video

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9. State the Pareto optimality conditions for maximum<br />

welfare. 14<br />

vf/kdre dY;k.k ds fy, iSjsVks dh Js"Bre 'krsZa crkb;sA 14<br />

10. Present a model of general equilibrium of exchange<br />

and production of a perfectly competitive economy<br />

composed of two individuals, two commodities and two<br />

factors. 7+7<br />

nks O;fä;ksa] nks oLrqvksa ,oa nks lk/kuksa okyh ,d iw.kZ izfrLi/khZ<br />

vFkZO;oLFkk ds lkekU; lUrqyu ds fofue; vkSj mRiknu ds<br />

ekWMy dk fp=.k dhft;sA 7+7<br />

700 4 MEC/MAEC-01<br />

<strong>Papers</strong> (A) (<strong>Dec</strong>ember) <strong>2010</strong><br />

(106)<br />

A<br />

MEC/MAEC-01<br />

M.A. (Previous) EXAMINATION,<br />

<strong>Dec</strong>ember, <strong>2010</strong><br />

ECONOMICS<br />

Paper-MEC-01/MAEC-01<br />

(Economic Theory I)<br />

Time allowed : Three hours<br />

Maximum marks : 70/80<br />

Attempt any five questions. Each<br />

question carries equal marks.<br />

fdUgha ik¡p iz'uksa ds mÙkj nhft;sA izR;sd iz'u<br />

ds vad leku gSaA<br />

1. State the Law of Demand ? Why does a demand curve<br />

slope downwards to the right ? 4+10<br />

ek¡x ds fu;e dks Li"V dhft;sA ,d ek¡x oØ nk;sa dks uhps dh<br />

vksj D;ksa >qdrk gS \ 4+10<br />

PTO

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