Laureate Institute of Management and Info. Tech., 9.

Explicit and implicit cost

Kathog Laureate Institute of Management and Info. Tech.,
House Examination April. 2018 Kathog
B.B.A. 2nd Semester House Examination April. 2018
Subject: MANAGERIAL ECONOMICS (202) B.B.A. 2nd Semester
Time: 3hrs. M.M.: 70 Subject: MANAGERIAL ECONOMICS (202)
Section A Time: 3hrs. M.M.: 70
Part I (Objective – type questions) (10*10=10) Section A
1. Decision of a consumer to buy a commodity depends upon Part I (Objective – type questions) (10*10=10)
its………………. 1. Decision of a consumer to buy a commodity depends upon
2. Price consumption curve and budget price line starts from the same its……………….
point on ……………………… axis. 2. Price consumption curve and budget price line starts from the same
3. When average product equals zero, total product is……………… point on ……………………… axis.
4. Wages paid by a firm to the labour hired are ……………. costs. 3. When average product equals zero, total product is………………
5. A firm earns normal profits when price is ………………to AC. 4. Wages paid by a firm to the labour hired are ……………. costs.
6. When price of a commodity rises and outlay also rises this case is 5. A firm earns normal profits when price is ………………to AC.
known as elasticity of demand having; 6. When price of a commodity rises and outlay also rises this case is
a) Less than one b) More than one known as elasticity of demand having;
c) Equal to one d) None of these a) Less than one b) More than one
7. A competitive industry is in equilibrium when; c) Equal to one d) None of these
a) Demand is maximum b) Supply is maximum 7. A competitive industry is in equilibrium when;
c) Price is maximum d) Demand is same as supply a) Demand is maximum b) Supply is maximum
8. AR curve of a firm under monopolistic competition is; c) Price is maximum d) Demand is same as supply
a) Upward sloping from left to right b) Parallel to X-axis 8. AR curve of a firm under monopolistic competition is;
c) Parallel to Y-axis d) Downward sloping from left to right a) Upward sloping from left to right b) Parallel to X-axis
9. The addition to total cost caused by the addition of one unit of output c) Parallel to Y-axis d) Downward sloping from left to right
is called …………………; 9. The addition to total cost caused by the addition of one unit of output
a) Marginal Cost b) Economic Cost is called …………………;
c) Opportunity Cost d) None of these a) Marginal Cost b) Economic Cost
10. The demand curve is perfectly elastic under; c) Opportunity Cost d) None of these
a) Monopolistic Competition b) Perfect Competition 10. The demand curve is perfectly elastic under;
c) Monopoly d) Oligopoly a) Monopolistic Competition b) Perfect Competition
Briefly discuss any ten (10) of the following (10*2=20) c) Monopoly d) Oligopoly
1. Critically examine the Law of Equi-marginal Utility. Briefly discuss any ten (10) of the following (10*2=20)
2. What are the various types of production costs? 1. Critically examine the Law of Equi-marginal Utility.
3. Discuss the assumptions of law of variable proportions. 2. What are the various types of production costs?
4. Explain the characteristics of monopolistic competition. 3. Discuss the assumptions of law of variable proportions.
5. Distinguish between fixed cost and variable cost. 4. Explain the characteristics of monopolistic competition.
6. Micro Economics 5. Distinguish between fixed cost and variable cost.
7. law of Demand 6. Micro Economics
8. Opportunity Cost 7. law of Demand
8. Opportunity Cost
9. Explicit and implicit cost
10. Economies of Scale
10. Economies of Scale 11. Factors determining supply
11. Factors determining supply 12. What are inferior and Giffen goods
12. What are inferior and Giffen goods
Section B
Section B 1. What do you mean by Economics? Discuss definitions given by
1. What do you mean by Economics? Discuss definitions given by Marshall.
Marshall. 2. Define elasticity of demand. Explain the concept of price elasticity of
2. Define elasticity of demand. Explain the concept of price demand, income elasticity of demand and cross elasticity of demand
elasticity of demand, income elasticity of demand and cross .(10*1=10)
elasticity of demand .(10*1=10) Section C
Section C 1. What is meant by total cost, average cost and marginal cost? Explain
1. What is meant by total cost, average cost and marginal cost? the relationship between average cost and marginal cost with the help
Explain the relationship between average cost and marginal cost of suitable examples.
with the help of suitable examples. 2. What is Indifference curve? What are its properties?
2. What is Indifference curve? What are its properties? (10*1=10)
(10*1=10) Section D
Section D 1. What is meant by perfect competition? How are the price and output
1. What is meant by perfect competition? How are the price and determined under perfect competition?
output determined under perfect competition? 2. Define Production. What are the various factor of production?
2. Define Production. What are the various factor of production? (10*1=10)
(10*1=10) Section E
Section E 1. What do you mean by monopoly? Discuss Price equilibrium under
1. What do you mean by monopoly? Discuss Price equilibrium monopoly
under monopoly 2. Discuss price equilibrium of firm and industry under perfect
2. Discuss price equilibrium of firm and industry under perfect competition. (10*1=10)
competition. (10*1=10)
Laureate Institute of Management and Info. Tech., C) EEC
Kathog
House Examination April. 2018
Laureate Institute of Management and Info. Tech.,
B.B.A. 6th Semester Kathog
Subject: International Trade House Examination April. 2018
Time: 3hrs. M.M.: 70 B.B.A. 6th Semester
Section A Subject: International Trade
a. Differentiate between internal and international trade. Time: 3hrs. M.M.: 70
b. Advantages of International Trade. Section A
c. Differentiate between term of trade and gains from trade. a. Differentiate between internal and international trade.
d. Explain term of trade. b. Advantages of International Trade.
e. Explain Mint Parity theory. c. Differentiate between term of trade and gains from trade.
f. Explain Exchange Rate. d. Explain term of trade.
g. What do you mean by devaluation? e. Explain Mint Parity theory.
h. Explain IBRD. f. Explain Exchange Rate.
Section B g. What do you mean by devaluation?
1. State the different approaches to International Trade? h. Explain IBRD.
2. Define the term “Balance of payments”, Distinguish the Section B
term balance of payments from balance of trade? 1. State the different approaches to International Trade?
3. Discuss the Static and Dynamic gains from international 2. Define the term “Balance of payments”, Distinguish the
trade? term balance of payments from balance of trade?
4. Explain in detail GATT-its objective and also discuss how it 3. Discuss the Static and Dynamic gains from international
is responsible for establishment of WTO? trade?
5. Discuss in detail the comparative cost theory of international 4. Explain in detail GATT-its objective and also discuss how it
trade? What are its assumptions and outcomes? is responsible for establishment of WTO?
6. Distinguish between Tariffs and Quotas, which of the two is 5. Discuss in detail the comparative cost theory of international
superior and why? trade? What are its assumptions and outcomes?
7. What do you mean by Disequilibrium in BOP? Briefly 6. Distinguish between Tariffs and Quotas, which of the two is
discuss the various methods that a country can adopt to superior and why?
correct an adverse BOP. 7. What do you mean by Disequilibrium in BOP? Briefly
8. What Is SDR? Explain its role in maintaining international discuss the various methods that a country can adopt to
liquidity? correct an adverse BOP.
9. How do you determine exchange rate? What are the 8. What Is SDR? Explain its role in maintaining international
advantages and disadvantages of fixed exchange rate liquidity?
system? 9. How do you determine exchange rate? What are the
10. Write the short note on any two of following? advantages and disadvantages of fixed exchange rate
A) IFC system?
B) ADB 10. Write the short note on any two of following?
 A) IFC
B) ADB
C) EEC

Laureate Institute of Management and Info. Tech.,

Laureate Institute of Management and Info. Tech.,
Kathog
Kathog
House Examination April. 2018
House Examination April. 2018
B.B.A. 4th Semester
B.B.A. 4th Semester
Subject: Business Research
Subject: Business Research
Time: 3hrs. M.M.: 70
Time: 3hrs. M.M.: 70
Part A (10 *3 = 30)
1. Write a note an empirical Research. Part A (10 *3 = 30)
2. Define Business Research. 1. Write a note an empirical Research.
3. What is experimental design? 2. Define Business Research.
4. Write a note on validity and Reliability of instrument. 3. What is experimental design?
5. Define sampling. 4. Write a note on validity and Reliability of instrument.
6. What is primary data? 5. Define sampling.
7. What is Chi square test? 6. What is primary data?
8. Write a note on factor analysis. 7. What is Chi square test?
9. Write a note on Research Report. 8. Write a note on factor analysis.
10. What is meant by Readability? 9. Write a note on Research Report.
Part B (4*10=40) 10. What is meant by Readability?
1. Discuss the steps involved in the Marketing Research Part B (4*10=40)
process. 1. Discuss the steps involved in the Marketing Research
2. Explain the different types of Research design. process.
3. Explain the various technique of sampling methods in 2. Explain the different types of Research design.
business research. 3. Explain the various technique of sampling methods in
4. Explain the various sources of data collection with suitable business research.
example. 4. Explain the various sources of data collection with suitable
5. Distinguish between questionnaire and interview schedule. example.
6. Explain the Bivariate and multivariate statistical techniques 5. Distinguish between questionnaire and interview schedule.
in detail. 6. Explain the Bivariate and multivariate statistical techniques
7. What do you mean by hypothesis? Explain various statical in detail.
technique used in hypothesis testing 7. What do you mean by hypothesis? Explain various statical
8. Define the various steps involved in drafting a research technique used in hypothesis testing
report.
8. Define the various steps involved in drafting a research
report.