Explain Robbins' definition of economics.
What is capital? Explain its features.
Explain the law of supply.
Answer the following questions based on the given table:
| price in kg. | 10 | 20 | 30 |
| Quantity demanded in kg. | 5 | 3 | 1 |
Find the elasticity of demand when the price of a commodity increases from Rs. 10 to Rs. 30.
Find the elasticity of demand when the price of a commodity decreases from Rs. 20 to Rs. 10.
Answer the following questions based on the given table:
| Units of commodity consumed | Total utility | Marginal Utility |
| 1 | 6 | - |
| 2 | 10 | - |
| 3 | 13 | - |
| 4 | 15 | - |
| 5 | 16 | - |
| 6 | 16 | - |
| 7 | 15 | - |
| 8 | 13 | - |
Complete the given table.
Draw the total utility and marginal utility curves from the completed table.
Show the relationship between total utility and marginal utility curves.
Explain the Quantity Theory of money.
Evaluate the causes of the Nepalese economy lagging in the process of economic development.
How is the mineral resource important for the economic development of Nepal? Explain.
Find the equation of straight line which passes through the point A (15, -3) and makes equal intercepts on both axes.
If the production function is given by: Q = 2L + 5L2 + 4L3, then solve the following questions:
Find the marginal production function.
Find the marginal product when unit of labour is 6.
