Business Economics Assignment Answers Help


Assignment Details:-

  • Topic: Assignments for MBA
  • Words Count: 1350
  • Citation/Referencing Style: MBA
  • Academic Standard Level: MBA




1. Assume that a consumer consumes two commodities X and Y and makes five combinations for the two commodities:




Combination Units of X Units of Y
A 25 3
B 20 5
C 16 10
D 13 18
E 11 28


Calculate Marginal rate of Substitution and explain the answer.


2. Elaborate the term Total Revenue and Marginal revenue also calculate TR and MR in the given table


Price Output (In Units ) Total Revenue Marginal


20 1
18 2
16 3
14 4
12 5


3.a. From the given Demand Schedule for air tickets, calculate elasticity of demand.


Price of Air Ticket

(Per Ticket)

Quantity Demanded (Tickets per month)
1,00,000 5,000
1,20,000 3,500


3.b. Elaborate the term Elasticity of Supply and explain any three factors that determines elasticity of supply specializes in providing Business Economics Assignment Help at an affordable price. Hire the most trustworthy Assignment Help Experts for your challenging assignments. We have a team of Masters/ PhD level writers who provide authentic Online Assignment Help to students. Avail now Business Economics Assignment Help.