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Other Bachelor Degree-Bachelor of Hotel Management and Catering Tech. 8th Sem 804 : MANAGERIAL ECONOMICS(University of Pune, Pune-2013)

Saturday, 27 September 2014 08:37Nitha

Total No. of Questions—8]                       [Total No. of Printed Pages—2
Seat No. [4381]-806
                                    B.H.M.C.T. (Eighth Semester) EXAMINATION, 2013
                                                 804 : MANAGERIAL ECONOMICS

                                                              (2008 PATTERN)

 


Time : Three Hours                                                  Maximum Marks : 100

 


N.B. :— (i) Write any 4 from question No. 1 .
(ii) Answer all questions from the remaining questions.
(iii) Assume suitable data wherever required.

 


1. Write short notes on the following (any four) : [20]


(a) Features of Managerial Economics

(b) Nature and scope of Economics

(c) Types of Demand

(d) Cross elasticity of Demand

(e) Monopoly.

2. What do you understand by Extension and Contraction of Supply ? [10]

3. What are merits of Macro and Micro Economics ? [10]

4. Distinguish between : [20]

(a) Demand Curve and Supply Curve

(b) Plant and Industry.

 

5. State the Law of Equi-Marginal Utility and explain it. [10]

 

6. Explain the salient features of monopolistic competition. [10]

 

7. Explain the concept of Price Elasticity of Demand. What are its types ? [10]

 

8. Define the Law of Variable Proportions. Explain it in detail. [10]

 


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