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Printed Pages: 3 RMB-I02/RMT-102

{Following Paper ID and Roll No. to be filled in your
Answer Books)

Roll No.

MBA/I\,IBATM
Regular Theory Examination (Odd Sem - I),2076-17
MANAGERIAL ECONOMICS

Time: 3 Houts Max Marks: 100

Note : 1. Answer all questions from Section - A.

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2. Answer any three questions from Section - B.

j. Answer all questionsfromsection- C using interrual
choiee.
Section -A
Write Short Notes on following in not more than 50-
75 words. (8x2.5:20)
1, Cardinal utility.
,t
L. Opportunity cost concept.
3. Departmentation.
4. Income elasticity of demand.
5. Supplyelasticity.
6. Lawofdiminishingretums.
7. Fixed costsvls Variable cost.
8. Skimming price.

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RMB-IO2iRMT.102
Section'B
'lVrite notes on following in not more than 100 to 200
words.AttemPt3 outof 5 (3x10:30)

1. What is the significance of managerial economics?

, What do you understand by movement aiong the demand

curve?

J. Define Marginal Propensity to consume (MPC)'

4. Describe why Long Run Average Cost (LAC) curve is

called as Planning Curve and envelope clrrve'

Explain Demand-Putl inflation. How it can be controlled?

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5.

Section - C
Attempt all5 questions using internal -|!'XiO=UO,

l. Explain in detail the nature and scope of Managerial

Economics. How Micro Economics differs from
Managerial Economics?
OR
What is Elasticity of Demand? Explain Price, Cross and
Income Elasticity ofDemand used inmanagerial decision
making process.
7 What is Empirical Production Function? Explain the
optimum combination ofinputs with diagrams'

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RMB.IO2IRMT-102
OR
a1d outnyt
What do you mean by Monopoly? How nr]ce
is determined in slort and long run in
Monopoly
Competition?

structure and role in

3. What is Cost of Capital? Explain its
inter-national competitivene ss'
OR
Describe the Oligopoly Model in detail'

Issues related to pricing are very

important regarding
4.
some of the
introduction of io*p"tition' Discuss
reference to the
important pricing issues with special
Tourism industrY.
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OR
of
'Bundling' has emerged as an important-aspect
'.*ru*J pricing'. Di*t"t this with special referenc'e
to the Tourism sector.

may influence tfe

5. What are the various factors which
cables? Explain the
demand for intermediate goods like
the demand for
most appropriate method;f forecasting
such an item.
OR
concept and discuss
What is National Income? Explain the
various methods of its measurement'

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(3)
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