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1997 Course Managerial Economics (Elective I)

2 pages, 18 questions, 0 questions with responses, 0 total responses,    0    0
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Total No. of Questions : 10] P1204 [Total No. of Pages : 2 [3664]-95 B.E. (I.T.) MANAGERIAL ECONOMICS (1997 Course) (410445) (Elective - I) Time : 3 Hours] [Max. Marks : 100 Instructions to the candidates: 1) Both the sections should be answered in separate answer books. 2) Q . No. 5 and Q. No. 10 are compulsory. 3) Out of the remaining solve any two questions from each section. 4) Figures to the right indicate full marks. SECTION - I Q1) Explain the Law of Demand with diagramatic representation. Elaborate the different types of elasticity of demand. [16] Q2) Define Joint Stock Company . Explain its features, advantages and disadvantages. [16] Q3) What do you understand by the term Managerial Economics ? Distinguish between macro and micro economics. [16] Q4) Elaborate the concept of cost with its determinants. In what way does cost have an impact on decision-making? [16] Q5) What short notes on (any three) : [18] a) Profit Maximisation. b) Determinants of Market. c) Law of Supply. d) Co-operative Society. e) Cost Forecasting. SECTION - II Q6) Define Market . What do you mean by the term perfect competition? Explain its characteristics. [16] Q7) What is cost benefit analysis? Explain its steps, in detail. [16] P.T.O.

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