IGNOU BECC 131 Solved Assignment Download 2023-2024 English

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This is a Core Course for students who have opted program BAG under IGNOU BECC 131 Principles of Microeconomics-I 2023-2024 With CBCS Pattern. We Provide the All Assignment Questions And Their Solutions.

IGNOU BAG BECC 131 SOLVED ASSIGNMENTS have been uploaded. IGNOU University Assignment of BAG Program of New Session BAG Student Assignment Questions can be downloaded from this page. Students must download compulsory assignments. With which he can give term and exam.

IGNOU BECC 131 Solved Assignment Download 2023-2024 English

Programme Bachelor of Arts (General)
Course Code BECC 131
Course Name Principles of Microeconomics-I
Language English
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BECC 131 Assignment Questions Download

S.no There are three Assignments. All questions are compulsory.
1

(a) The behaviour of the firm which seems to be efficient in the short-run may found to be inefficient in the long-run. Do you agree? Explain using appropriate diagram.

(b) Discuss the reasons behind a typical U-shaped long-run average cost curve (LAC) that a firm may face over its range of output in the long run.

2

(a) Explain the concept of an Expansion path? Explain why an expansion path in case of a linear homogeneous production function is a straight line? Discuss.

(b) Illustrate isoquants having positively sloped segments. In the same diagram construct ridge lines and explain the concept of Economic Region of Production.

3

(a) Discuss the concept of Utility. How is the cardinal utility approach different from the ordinal utility approach?

(b) On what grounds is the law of diminishing marginal utility being criticized by the modern economists?

4

(a) Illustrate the impact of a price support measure imposed by the government on the market of a commodity under the following conditions:

(i) When the price floor is fixed at a price lower than the equilibrium price.

(ii) When the price floor is fixed at a price equal to the equilibrium price.

(b)What will be the consequences of setting up a price floor above the equilibrium price?

5

(a) For equilibrium, a producer may attempt maximization of output subject to a given cost or alternatively, he may seek to minimize cost subject to a given level of output. Do you agree? Discuss.

6  Why does the marginal rate of technical substitution (MRTS) decline as we move rightward and downward along a convex-shaped isoquant?
7 The concept of consumer’s surplus is derived from the law of diminishing marginal utility. Discuss
8 What is meant by Arbitrage?
9 Draw an income consumption curve in case the good marked on the horizontal axis is a necessity good while that marked on the vertical axis is a superior good.
10 Who does bear the tax burden when the demand is perfectly elastic and supply is of normal shape?
11  

 

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BECC 131 Principles of Microeconomics-I

You will have to do three Tutor Marked Assignments (TMA) for a six credit course and two TMAs
for a four credit course.

Assignment I has Descriptive Category Questions (DCQs). These are meant for writing essay type
answers, with an introduction and a conclusion.

Assignment II has Middle Category Questions (MCQs). These questions require you to first analyze
the topic in terms of arguments and explanations and then write the answers in a concise manner.

Assignment III has Short Category Questions (SCQs). These questions are meant to improve your
skill of recall in brief the relevant/precise information about persons, writing, events, or clear
understanding of concepts and processes.

Before you attempt the assignments, please read the instructions carefully provided in the
Programme Guide.

Important Notes on BECC 131 Principles of Microeconomics-I

  • Write all the assignments with your own hand. Do not write to anyone else in a quick affair. This assignment can also be cancelled.

  • The weight of IGNOU assignment is: 30% in total marks, so take this carefully.

  • Submit the assignment to the teacher of your learning center before due date.

  • Viva Voce is mandatory while submitting the Assignment. If any one student Assigns the assignment and does not give viva voce, its assignment Will not be successfully completed and will be marked as ZERO

How To Download IGNOU BECC 131 Principles of Microeconomics-I Solved Assignment ?

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Last date of IGNOU BECC 131  Assignment Submission ?

  • For July  15th April Session
  • December 15th October Session

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FAQ On BECC 131 English Principles of Microeconomics-I

What is BECC 131 in English Medium IGNOU ?

BECC 131 Principles of Microeconomics-I in English

Last Date of Submit The IGNOU BECC 131 English Assignment ?

if Your Admission in July : 30 April
If Your Admission in January : 31 October

Download IGNOU BECC 131 Solved Assignment English Medium ?

Go to the download link of our page and click on it
Choose Your Subject .
Click On the Download Link.
And Print or save PDF of study material in your phone or laptop.