1.Draw a short run production curves and label the total cost, fixed cost and variable cost

2.Assume that the total demand is equal to X=50-50P and demand function for the segmented markets are X1=32-0.4p,X2=18-0.1p2 and C=50+40x. find the optimal quantity of the firm

3.discuss the features characteristics of the oligopoly market

4.Use a graph to show a long run cost function

5. Use the diagram to show expansion path

6. Explain the theory of cost

7. Mathematically derive the constraint of profit maximization

8.Explains different forms of return to scale

9.What is an isocost curve

10 What are the characteristics of isoquants