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Veer Narmad South Gujarat University 2010 B.A Managerial Economics - 5 T.Y.. - Question Paper

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RR-0263 Third Year B. A. Examination March / April - 2010 Managerial Economics - V

Time : 3 Hours]    [Total Marks : 70

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Seat No.:


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Name of the Examination :

T. Y. B. A.

Name of the Subject:

Managerial Economics - 5

-Section No. (1,2,.....): Nil

Student's Signature


-Subject Code No.:


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ENGLISH VERSION

Instructions : (1) As per the instruction No. 1 of Page No. 1.

(2)    Question no. 1 is compulsory.

(3)    All questions carry equal marks.

1 Write short answers :

14


(1)    Give the definition of managerial Economics given by spensor.

(2)    State the fundamentals concepts of managerial economics.

(3)    State three characteristics of good demand forecasting methods.

(4)    What is an opportunity cost ?

(5)    State the main objectives of the firm.

(6)    What is kinked demand curve ?

(7)    What is difference between revenue expenditure and capital expenditure ?

2 Discuss the functions and responsibilities of managerial 14

economists.

OR

2 Clear the concept of demand forecasting. Discuss briefly the survey method of demand forecasting state its advantages and disadvantages.

3 Discuss critically the main objectives of the firm.

14

14

(a)    Discuss the sources of supply of capital.    14

(b)    Explain the meaning and importance of cost - benefit analysis.

OR

What is break-even analysis ? Explain with the help of 14 illustration and diagram the concept of break-even analysis in terms of physical unit.

Write short notes : (any two)    14

(a)    Discounting principle

(b)    Income-elasticity of demand

(c)    Advantages of price-leadership

(d)    Methods of measuring the size of the plant.

RR-0263]    3    [ 2200 ]







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