Page 1 :
Calor Boe “lA x MIST) pasuccoc | aapbccoc) AaBbC: Aab, Tile, , Normal |TNo Spaci.. Heading! Heading, , , , Big, , Max, Time: 1 Hour, , , , Q1.A farmer invests his own savings of 1,00,000 in doing farming and hires, labour for 2 60,000 to do work. If market rate of interest is 10% p.a., find the, Implicit cost. (2), , Q2. Fill in the blank:, Inan imperfectly competitive market, when MRis ......... then TR will be, , maximum, (1), Q3. Fill in the blank:, If more and more unit of variable factors are employed with fixed factors,, , ...increases at increasing rate initially, then at decreasing rate and, finally starts falling. (1), , , , Q4. Fill the missing values:, , , , , , , , Output (Units) Tc (2) AVC (2) MC (2), a 90 230 30, 2114 27 224, , , , , , , , , , , , 1201 30. 239, , , , , , 2, 3 2141 227 27, a