Global Business Environment & Economics Assignment
- University :
Suresh Gyan Vihar University Exam Question Bank is not sponsored or endorsed by this college or university.
- Country :
Australia
Q.1. Write answers for any two questions from below. (5 marks each – Word limit – 500)
- How does consumption behave over the business cycle?
- Draw ATC, AVC and MC Curves in single diagram.
- What is meant by scale of production?
Q.2. Write short notes on all of the following topics (1 mark each - Word limit - 100)
- Ways to fix deflation
- Types of Inflation
- Definition of Market
- Law of Variable Proportions
- Importance of Business Economics
Q.3. Write answers for any two questions from below. (5 marks each – Word limit – 500)
- Mention the formula to calculate price elasticity of demand. State the law of demand.
- What causes recessions?
Q.4. Write short notes on all of the following topics (1 mark each - Word limit - 100)
- Features of Business Cycles
- Types of Elasticity of Demand
- Production Functions
- Globalization
- Types of Demand
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