Maharashi Dayanand University (MDU) 2008 M.B.A Business Administration Managerial Economics - Question Paper

UNIT-I
Q:1 Discuss the role and responsibility of Managerial Economist.

Q:2 Write short notes on :
(i)Short run and long run
(ii)Classification of goods
(iii) Opportunity cost.

UNIT- II
Q:3 Explain the legal regulations of demand. Why does demand curve slope downward from left to right?
Q:4 Explain consumer’s equilibrium with the help of Indifference curve analysis.

UNIT- III
Q:5 How does a producer establish optimum input combination to optimize his behavior?
Q:6 What do you mean by monopolistic competition ? How is equilibrium achieved by a firm under
monopolistic competition in the short run and long run?


UNIT- IV
Q:7 Critically examine Baumol’s sales maximization theory of the firm.
Q:8Explain avg. Cost Pricing and Limit Pricing strategy of a business firm

Earning:   Approval pending.