Madurai Kamraj University (MKU) 2006 M.Phil Commerce - "Managerial Economics" - Question Paper
This is the ques. paper For M.Phil Course in madurai kamaraj University and the Paper Name is
"Managerial Economics"
7938/C21 OCTOBER 2006
paper III MANAGERIAL ECONOMICS
Time : Three hours Maximum : 100 marks
Answer any FIVE questions.
All questions carry equal marks.
1. What is managerial economics? Explain the fundamental concepts of managerial economics.
2. What is price elasticity of demand? Discuss its role in business decisions.
3. Define oligopoly? Explain how price and output decisions sire taken under the conditions of oligopoly.
4. What is cobb Douglas Production Function? Explain its managerial uses.
5. Explain the important pricing strategies. *
6. Discuss critically the different methods of forecasting demand for established products.
7- Explain the cost - output relationship in the short run.
8. What is meant by cost of capital? How is it computed?
9. What is capital budgeting? Discuss the various capital budgeting appraisal methods.
10. Write short notes on :
(a) Break even Analysis.
(b) Penetration pricing.
(c) Kinked Demand Curve.
(d) Concentration of Economic Power.
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| Earning: Approval pending. |
