Download PTU B.Com (Bachelor of Commerce) 2020 December 1st Sem 75092 Managerial Economics Previous Question Paper
Roll No.
Total No. of Pages : 02
Total No. of Questions : 18
B.Com. (Hons) (2018 & Onwards) (Sem.?1)
MANAGERIAL ECONOMICS
Subject Code : BCOMGE-101-18
M.Code : 75092
Time : 3 Hrs. Max. Marks : 60
INST RUCT IONS T O CANDIDAT ES :
1 .
SECT ION-A is COMPULSORY cons is ting of TEN questions carrying TWO marks
each.
2 .
SECT ION-B cons ists of F OUR Sub-sec tions : Un its-I, II, III & IV.
3 .
Eac h Sub-section contains TWO questions each , carry in g T EN ma rks e ach .
4 .
Students have to atte mpt an y ONE ques tion from each Sub-section.
SECTION-A
Answer briefly :
1.
What is production possibility curve?
2.
What is the relationship of managerial economics with statistics?
3.
What is the meaning of opportunity cost?
4.
What is consumer's equilibrium?
5.
What is the relationship between AR and MR of a firm?
6.
What is the meaning of marginal cost?
7.
What is advertising cost?
8.
What is supply?
9.
What is an oligopoly market?
10. What is price line?
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SECTION-B
UNIT-I
11. What is Price elasticity of demand? What are the factors to determine elasticity of
demand?
12. What is demand forecasting? What are its various techniques?
UNIT-II
13. Discuss the law of returns to scale.
14. What is an Isoquant? Discuss least cost combination of inputs?
UNIT-III
15. What is Average cost? Why is Average cost curve U shaped?
16. Discuss the relationship between elasticity of demand and revenue of a firm?
UNIT-IV
17. Discuss how price and output is determined under perfect competition?
18. Describe how interest rate is determined under perfect competition?
NOTE : Disclosure of Identity by writing Mobile No. or Making of passing request on any
page of Answer Sheet will lead to UMC against the Student.
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This post was last modified on 13 February 2021