Download JNTUA MBA R17 2019 Jan 1st Sem 14E00202 Managerial Economics Question Paper

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Code: 14E00202

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MBA II Semester Supplementary Examinations December/January 2018/19

MANAGERIAL ECONOMICS

(For students admitted in 2014 (LC), 2015 & 2016 only)

Time: 3 hours

Max. Marks: 60

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SECTION - A

(Answer the following: (05 X 10 = 50 Marks)

1. Explain the nature, scope and relevance of managerial economics.

   OR

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2. Discuss the decision making process at the level of the firm.

3. Categories the types of demands. Explain with an example.

   OR

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4. What is meant by demand forecasting? Why do you think it is important for the manager of a business firm?

5. Define 'Production function'. What is Cobb-Douglas production function? Explain.

   OR

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6. Explain short range and long range costs with examples.

7. Discuss in detail various types of markets with suitable example for each.

   OR

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8. Explain the following pricing strategy:

   1. Penetration pricing.
   2. Skimming pricing.

9. What are the major factors influencing inflation in India? Explain.

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   OR

10. List out the characteristic features of business cycle. Discuss the impact of business cycle on the organization.

SECTION - B

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Case Study:

(Compulsory question, 01 X 10 = 10 Marks)

1. Explain different elasticities of demand. Illustrate the use of elasticities of demand in managerial decision making.

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