Bharathiar University 2010 B.Com Computer Applications Managerial economics - Question Paper

SECTION-A [10*1=10] ans ALL ques.
1. The main intention of a business unit is to earn __________
2. _____________________ curve slopes downwards from left to right.
3.______________________ cost increases when production increases.
4. There will be 4 firms in_____________
5. There will be only 1 seller in _________________
actual OR FALSE:
6.The scope of economics is too narrow.
7.The demand for coffee is elastic because it has substitute.
8.When there is no production,fixed cost will be zero.
9.In monopolitic competition there will be only 1 firm.
10.In duopoly there will be only 1 seller.
SECTION-B [5*5=25] ans ALL ques.
11. (a) explain the nature of economic theory.
or
(b) State the meaning and definition of managerial economics.
12. (a) elaborate the assumptions of Marshall's utility analysis of demand?
or
(b) How will you measure the elasticity of demand?
13.(a) State the behaviour of total cost.
or
(b) Write notes on the causes of diminishing returns.
14.(a) elaborate the objects of pricing policies?
or
(b) elaborate the defects of monopolistic competition?
15.(a) discuss the features of duopoly.
or
(b) discuss the features of monopoly.
SECTION-C [5*8=40] ans ALL ques.
16. (a) define the goals of a firm.
or
(b) elucidate the uses of economic theory.
17. (a) discuss the determinant factors of demand.
or
(b) discuss the factors influencing elasticity of demand.
18. (a) define the causes of increasing returns.
or
(b) discuss the legal regulations of diminishing returns.
19.(a) elaborate the differences ranging from perfect competition and monopoly? discuss.
or
(b) discuss the characteristics of oligopoly.
20. (a) How price is determined in monopoly? discuss.
or
(b) discuss how price is fixed in perfect competition.

Earning:   Approval pending.