Bhavnagar University 2007 B.Com MANAGERIAL ECONOMICS - Question Paper

MANAGERIAL ECONOMICS

Time : 3 hours Maximum : 100 marks
PART A — (5 ? eight = 40 marks)
ans any 5 ques..
All ques. carry equal marks.
1. Explain the scope of managerial economics.
2. Define opportunity cost.
3. What are the factors that determine elasticity of demand?
4. Why does demand curve slope downwards?
5. Explain how price is determined under perfect competition.
6. Explain the various kinds of discriminating monopoly.
7. Distinguish ranging from production cost and selling cost.
8. Explain 3 phases of return to scale.
PART B — (4 ? 15 = 60 marks)
ans any 4 ques..
9. State the utility of study of Managerial economics.
10. Explain the various kinds of monopoly.
11. Distinguish ranging from long run and short run cost curves.
12. What are the factors that determine elasticity of demand?
13. Distinguish ranging from opportunity cost and outlay cost.
14. State and Illustrate the legal regulations of demand and bring out its significances.

Earning:   Approval pending.