Maharashi Dayanand University (MDU) 2007 M.B.A Business Administration Managerial Economics - Question Paper

Unit-I

Q:1 Define Managerial Economics? explain its nature and scope.

Q:2 Explain and illustrate the following:

(a)Incremental reasoning,
(b)Opportunity Cost.

Unit-II

Q:3 What are the condition of consumer equilibrium? discuss and illustrate consumer equilibrium
Using indifference curve techniques.

Q:4 Define elasticity of demand. What ate differentiate kinds of price elasticity.


Unit-III

Q:5 Distinguish ranging from laws of returns to variable proportions and laws of return of scale. elaborate the
reasons for the operations of legal regulations of the diminishing return.
Q:6 Define monopoly . elaborate its characteristics. explain the equilibrium of firm under monopoly.

Unit-IV

Q:7 Explain Baumolis theory of sales revenue maximization elaborate its assumption.

Q:8 Write notes on:
(a)Average cost pricing
(b)Pricing strategies.

Earning:   Approval pending.