Veer Narmad South Gujarat University 2010-1st Year B.B.A Managerial Economics ( semII) . - Question Paper
First Year B. B. A. (Sem. II) Examination
April/May - 2010
Managerial Economics
RB-1711
Time : 3 Hours]
Instructions :
[Total Marks
"x Seat No.:
6silq<3i Pi*unkil SnwiA u* <KH=fl. Fillup strictly the details of signs on your answer book.
Name of the Examination :
F. Y. B. B. A. (Sem. 2)
Name of the Subject:
Managerial Economics
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-Subject Code No. |
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-Section No. (1,2......): Nil |
(2) All questions are compulsory.
Student's Signature
(3) Figures to the right indicate full marks of each question.
1 Answer the following questions briefly.
10
(i) Define advertisement elasticity of demand.
(ii) What is marginal rate of technical substitution?
(iii) What is opportunity cost?
(iv) State the features of monopoly market.
(v) Differentiate ISO-quants and ISO-cost lines.
2 Discuss in detail the role and responsibility of a managerial economist,.
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OR
Discuss Cobb-Douglas production function.
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What is income elasticity of demand? Explain its types and significance in decision making process.
OR
What is price discrimination? When price discrimination is possible and profitable? Discuss.
4 State the characteristics of perfect competition market. 12 Explain how a firm under perfect competition market attains equilibrium in short run and long run.
4 What is break even point? Explain how break even 12 point is determined for a monoproduct firm.
Substantiate your answer with illustration.
5 Write an explanatory note on : 12
(a) Need and nature of capital budgeting.
(b) Payback method of capital budgeting.
5 Write a note on : 12
(a) Cost benefit analysis
(b) Basic features of case method.
6 Write short notes on (any two)
(a) Monopolistic wastage
(b) Selling cost
(c) Price leadership.
RB-1711] 2 [ 3500 ]
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Attachment: |
| Earning: Approval pending. |
