SRI SAI RAM INSTITUTE OF TECHNOLOGY

Approved by AICTE, New Delhi & Affiliated to Anna University, Chennai.

Sai Leo Nagar, West Tambaram, Chennai 44. Tel: 044 22512333 / 22512111.
(An ISO 9001:2008 Certified Institution) www.sairamit.edu.in


B. Tech. Degree Examination
UNIT TEST - II

Subject : Engineering Economics & Financial Accounting Duration: 1 Hr 30 Min
Subject Code : MG2351 Date : 9/10.09.2014
Branch /Year /Sem: CS/Final/3
rd
IT Max. Marks: 50


PART -A (5*2=10)
ANSWER ALL QUESTIONS

1. What is short run cost?
2. Define marginal cost?
3. Mention any 2 managerial uses of production function.
4. Write the types of cost.
5. Define isocost.

PART- B (4*10=40)
ANSWER ANY FOUR QUESTIONS

6. What is meant by least cost combination of inputs? Suggest a mechanism to
determine the least cost combination of inputs.
7. What are the determinants of cost function? Explain the managerial uses of
cost function.
8. Explain about the laws of returns to scale with suitable illustrate.
9. Describe about short run cost and long run cost curve.
10 .Write short notes on isoquants and its types. 2. What are the factors affecting
production function? Discuss