## ECO 100: MICROECONOMICS

ECO 100: MICROECONOMICS

Mark Sheet (for instructor use only)
Q No. CLOs Q Type Q Structure Max Score St Marks in Numbers St Marks in Words
Q1
4,5 Knowledge,
Understanding, Skills and Application Numerical 5

Total Mark 5% Total: 5
Total Score
_______________ Total in words
______________
ECO 100 MICROECONOMICS – ASSIGNMENT

To be submitted: 30th – OCT – 2015

Instructions:-
1. Activity is individual
2. Plagiarism of any means will be report and will lead to reduction of weight age.
Max. Marks: 5.
Q.1 = Using the data below:
A= Find out the Quantity demanded by the Market
B= Draw the Demand Curve for each Buyers

P QD1 QD2 QD3 QDM
1 60
2 50
3 40
4 30
5 20
6 10
7 5

Q.2 = Using the data below:
A= Find out the Quantity Supplied by the Market

B= Draw the Supply Curve for each Suppliers
P QS1 QS2 QS3 QSM
1 5
2 10
3 20
4 30
5 40
6 50
7 60

Q.3 = Using the data from Q.1 & Q.2 above:
Draw the market demand and the market supply curves and show the equilibrium between
the demand and supply .

Q. 4 = Show with the help of diagrams the effects of the changes either in demand or in supply
on the market equilibrium , mentioning the reasons and the result of the changing .
1) – A change in demand (decrease & increase) with no change in supply.
2) – A change in Supply (decrease & increase) with no change in demand.
3) – A change in demand and supply moves in the same direction (increases & decreases)
4) – A change in demand and supply moves in the opposite direction.

GOOD LUCK
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