1. On the basis if the data given below assuming that P = 100 – 2_x., company resorts to price discrimination.

P₁ = 80 – 2.5_X1 and

P₂ = 180 – 10_X2 

Cost function is C = 150 + 40_X.

If it were to sell in simple monopoly market, what is the maximum profit it will earn ?

2. In case company is following sales maximisation objective, equilibrium condition will be 

3. If company is following price discrimination, then it will lead to 

4.  In case of price discrimination if  e₁ > e₂, then which will be true?

5. When e_D = e_S , equilibrium is

6. When e_D > e_S , equilibrium is

7. Rent control leads to

8. Dynamic theory where demand and supply price is equated through change in quantity was given by

9. Process by which equilibrium is reached is analysed by

10. Study to equilibrium at two points of times is called