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    Vijetha K Murthy
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    The document outlines 14 questions for a managerial economics assignment. It asks students to explain concepts like Baumol's model, Marris' and Williamson's theories of the firm, objectives of firms, the difference between firms and industries, the law of variable proportions, isoquants, isocosts, total, average and marginal productivity, costs, economies of scale, fixed and variable costs, and the law of supply. Students are asked to provide examples and diagrams to illustrate key economic principles and differentiate between related concepts.

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    The document outlines 14 questions for a managerial economics assignment. It asks students to explain concepts like Baumol's model, Marris' and Williamson's theories of the firm, objectives of firms, the difference between firms and industries, the law of variable proportions, isoquants, isocosts, total, average and marginal productivity, costs, economies of scale, fixed and variable costs, and the law of supply. Students are asked to provide examples and diagrams to illustrate key economic principles and differentiate between related concepts.

    Copyright:

    Attribution Non-Commercial (BY-NC)
    Download as DOC, PDF, TXT or read online from Scribd
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    Download as doc, pdf, or txt
    35 views1 page

    Managerial Economics

    Uploaded by

    Vijetha K Murthy
    The document outlines 14 questions for a managerial economics assignment. It asks students to explain concepts like Baumol's model, Marris' and Williamson's theories of the firm, objectives of firms, the difference between firms and industries, the law of variable proportions, isoquants, isocosts, total, average and marginal productivity, costs, economies of scale, fixed and variable costs, and the law of supply. Students are asked to provide examples and diagrams to illustrate key economic principles and differentiate between related concepts.

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    Attribution Non-Commercial (BY-NC)
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    MANAGERIAL ECONOMICS SECOND ASSIGNMENT

    1. Explain Baumols Model with an example. (7) 2. Write a short note on the following a. Marriss Theory(5) b. Williamsons Theory(5) 3. What do you mean by Objectives of firm? (3) 4. Differentiate between Firm and Industry. (3) 5. Discuss the law of Variable Proportions with suitable example. (10) 6. What do you mean by ISO-Quants? (3) 7. What do you mean by ISO-Costs? (3) 8. Explain the following terms with a neat diagram. (10) a. TP b. AP c. MP 9. What do you mean by cost? (3) 10.Discuss types of costs. (7) 11.What do you mean by Economies of Scale? (3) 12.Differentiate Economies and Diseconomies of Scale. (7) 13.Differentiate Fixed cost and Variable Cost with relevant example. (7) 14.Discuss the Law of supply with example. (10)

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