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4. a) Explain the production function.

OR
b) Discuss the significance of short run law of production.

5. a) Define pricing strategies and practices. What are the steps involved
while fixing price in business?
OR
b) Explain about profit theories.

6. a) What is the imperfect competition market? Explain about price and


output decision in imperfect competition market.
OR
b) What is the monopolistic market? Discuss the significance of
monopolistic market.
SECTION-C
7. Case Let (Compulsory): 10
Prepare an imaginary cost schedule and illustrate it with TC, VC,
DC, AC and MC and discuss their relationship. How is the shape of
the cost curve determined?

[26,27/I S/219]
[May-19]

[MPDBA-102/MPDHR-102]
MBA (GEN & HRM) Degree Examination
I SEMESTER
MANAGERIAL ECONOMICS
(Effective from the admitted batch 2015-16)
Time: 3 Hours Max.Marks: 70
-------------------------------------------------------------------------------------------
Instructions: All parts of the unit must be answered in one place only.
Figures in the right hand margin indicate marks allotted.
-------------------------------------------------------------------------------------------
SECTION-A
1. Answer any Five of the following: (5x4=20)
a) Nature of Managerial Economics.
b) Define elasticity of demand.
c) Isoquants curves
d) Perfect competition
e) Oligopoly market
f) Define transfer pricing
g) Profit policies
h) Pricing strategies

SECTION-B
Answer all questions (5x8=40)

2. a) Distinguish between managerial economics and other disciplines.


OR
b) Explain the role and responsibilities of managerial economist.

3. a) Define demand and explain key determinants of demand.


OR
b) Explain the techniques of demand forecasting.
4. a) Explain the production function.
OR
b) Discuss the significance of short run law of production.

5. a) Define pricing strategies and practices. What are the steps involved
while fixing price in business?
OR
b) Explain about profit theories.

6. a) What is the imperfect competition market? Explain about price and


output decision in imperfect competition market.
OR
b) What is the monopolistic market? Discuss the significance of
monopolistic market.
SECTION-C
7. Case Let (Compulsory): 10
Prepare an imaginary cost schedule and illustrate it with TC, VC,
DC, AC and MC and discuss their relationship. How is the shape of
the cost curve determined?

[26,27/I S/219]
[May-19]

[MPDBA-102/MPDHR-102]
MBA (GEN & HRM) Degree Examination
I SEMESTER
MANAGERIAL ECONOMICS
(Effective from the admitted batch 2015-16)
Time: 3 Hours Max.Marks: 70
-------------------------------------------------------------------------------------------
Instructions: All parts of the unit must be answered in one place only.
Figures in the right hand margin indicate marks allotted.
-------------------------------------------------------------------------------------------
SECTION-A
1. Answer any Five of the following: (5x4=20)
a) Nature of Managerial Economics.
b) Define elasticity of demand.
c) Isoquants curves
d) Perfect competition
e) Oligopoly market
f) Define transfer pricing
g) Profit policies
h) Pricing strategies

SECTION-B
Answer all questions (5x8=40)

2. a) Distinguish between managerial economics and other disciplines.


OR
b) Explain the role and responsibilities of managerial economist.

3. a) Define demand and explain key determinants of demand.


OR
b) Explain the techniques of demand forecasting.