I Year - Very Important LAQs

Dear students,
This is the list of very important LAQs chapterwise.
Learn these perfectly. You will definitely be able to answer three essays in IPE.

Chapter II
1. Law of DMU + Limitations
2. Law of EMU + Limitations
3. Law of Demand + Exceptions
4. Types of Demand.

Chapter VI
1. Features of Perfect Competition + Determination of equilibrium price
2. Features of Monopoly + Price determination
3. Distinction between Monopoly and Perfect competition
4. Equilibrium of a firm under Perfect competition in the short run and long run

Chapter VIII
1. Concepts of NI
2. Methods of measurement of NI
3. Definitions of NI + Determinants of NI
4. Components of NI + Advantages of measurement of NI

SAILATHA

II Years Environment VSAQs

Dear students,
I will be providing answers for VSAQs from Chapter IX.

Sailatha