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ASSIGNMENT
QUESTION PAPER
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DRIVE
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WINTER
2014
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PROGRAM
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MBA/
MBADS/ MBAFLEX/ MBAHCSN3/ PGDBAN2
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SEMESTER
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1
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SUBJECT
CODE & NAME
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MB0042-
MANAGERIAL ECONOMICS
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BK ID
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B1625
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CREDIT
& MARKS
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4
Credits, 60 marks
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Q.No
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Questions
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Marks
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Total
Marks
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1
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What is production function and its uses? Explain the two types
of production
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functions.
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Production function and its uses
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3
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Two types of production functions
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7
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10
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2
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Monopoly is the situation there exists a single control over the
market producing a
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commodity having no substitutes with no possibilities for anyone
to enter the
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industry to compete. In that situation, they will not charge a
uniform price for all
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the customers in the market and also the pricing policy followed
in that situation.
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Define
Monopoly
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2
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Features
of Monopoly
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4
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Kinds of
Price Discrimination
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4
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10
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3
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A
cost-schedule is a statement of variations in costs resulting from variations
in the levels of
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output
and it shows the response of costs to changes in output. If we represent the
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relationship
between changes in the level of output and costs of production, we get
different
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types of
cost curves in the short run. Define the kinds of cost concepts like TFC,
TVC, TC,
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AFC,
AVC, AC and MC and its corresponding curves with suitable diagrams for each.
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kinds of
cost concepts like TFC, TVC, TC, AFC,
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7
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AVC, AC and MC and its corresponding
curves
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suitable
diagrams
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3
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10
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4
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Inflation is a global Phenomenon which is associated with high
price causes decline
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in the value for money. It exists when the amount of money in
the country is in
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excess of the physical volume of goods and services. Explain the
reasons for this
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monetary phenomenon.
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Define
Inflation
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2
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Causes
for Inflation
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8
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10
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5
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Discuss the practical application of Price elasticity and Income
elasticity
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of demand.
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Practical
application of price elasticity
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5
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Practical
application of Income elasticity
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5
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10
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Discuss the scope of managerial economics.
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Definition of Managerial Economics
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2
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Scope of Managerial Economics
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8
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10
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Note – Answer
all questions. Kindly note that answers for 10 marks questions should be
approximately of 400 words. Each question is followed by evaluation
scheme.
Dear students get fully solved
assignments
Send your semester &
Specialization name to our mail id :
“ help.mbaassignments@gmail.com
”
or
Call us at : 08263069601
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