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The Professionals Academy of Commerce Gujranwala Campus Class Test Module-B IEF (B3) 07, 2012 Total Marks= 25

Time !5 mi"s
Question#1:

May

(a)Differentiate between Accounting Profit and Economic Profit. (03) (b)Enlist (03) (c) Explain (05) the factors influencing of the scale of production. production.

the

economies

large

scale

Question#2: (a) Explain (10) (#)Does (04) in law of detail the law return of decreasing to return.

decreasing

applies

agriculture.

Best o$ %u&k

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