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Supplementary accounting exam paper |
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Re: Supplementary accounting exam paper
As you want the exam paper of accounting so we are providing you the question of it. State the Law of Demand. Mention two assumptions of the Law. What is meant by substitution effect? Define income elasticity of demand. With the help of a diagram, explain one exception to the Law of Supply. What is marginal physical product? How can marginal physical product be obtained from total physical product? With the help of a diagram, show how the equilibrium price and quantity change, when supply increases and demand remains unchanged. Define monopsony. Explain one feature of monopsony. For more question of Accounting we are providing you a PDF file with it so you can easily download it . |
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