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IGNOU MMPC-10 (January 2026 – July 2026) Assignment Questions
1. “The Equi-Marginal Principle can be applied to both consumption as well as production”. Discuss this statement with the help of an example.
2. “The main determinant of elasticity is the availability of substitutes.” Explain this statement in the context of Price elasticity of demand.
3. Differentiate between Isocost and Isoquants. Analyze graphically, how an optimal combination of inputs can be arrived in the long run using Isocost and Isoquant.
4. Critically analyze pricing decisions under Perfect Competition and under Monopoly.
5. Explain Price Discrimination. Does Price Discrimination exist in the real world? Discuss with reference to any particular product or service.
IGNOU MMPC-10 (January 2025 – July 2025) Assignment Questions
1. “The opportunity cost of anything is the return that can be had from the next best alternative use.” Explain this statement with reference to gun-versus-butter debate.
2. “The main determinant of elasticity is the availability of substitutes.” Explain this statement in the context of price elasticity of demand.
3. What are different types of statistical analyses? Explain the limitations of different types of statistical analyses.
4. What are the conditions of entry of new firm in an industry or a market? Explain the factors determining the conditions of entry.
5. Write short notes on the following:-
a) Law of Demand
b) Characteristics of Monopolistic Competition
c) Economies of Scope
d) Transfer Pricing
