Académique Documents
Professionnel Documents
Culture Documents
MANAGERIAL ECONOMICS
Time: 3 Hours
Maximum: 75 Marks
Section B (4 10 = 40 Marks)
Answer any FOUR Questions
11. Briefly explain the five principles which are basic to the entire gamut of Managerial
Economics?
12. What is price elasticity of demand? How would you measure it? What is its significance
in business?
13. How do you find consumers equilibrium by using the indifference curve technique and
explain the properties of indifference curves?
14. Explain the cost-output relationship in the short run and in the long run
15. What is monopolistic competition? How does a firm take its pricing and output decisions
under monopolistic competition?
16. Explain various pricing methods and the objectives of pricing policy?
17. Explain the various methods of computing National income and narrate the practical
difficulties in the estimation of National income?
Section C (1 15 = 15 Marks)
15P1MBA03
Case Study Analysis (Compulsory)
19. Calculate TC, AFC, AVC, AC & MC and explore the relationship between AC and MC
Total
Output
TFC
TVC
60
0
60
20
60
30
60
45
60
80
60
135
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