Download JNTU-Hyderabad MBA 1st Sem R17 2018 Dec 741AB Business Economics Question Paper

Download JNTUH (Jawaharlal Nehru Technological University Hyderabad) MBA (Master of Business Administration) 1st Semester (First Semester) R17 2018 Dec 741AB Business Economics Previous Question Paper

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Code No: 741AB
JAWAHARLAL NEHRU TECHNOLOGICAL UNIVERSITY HYDERABAD
MBA I Semester Examinations, December - 2018
BUSINESS ECONOMICS
Time: 3hours Max.Marks:75

Note: This question paper contains two parts A and B.
Part A is compulsory which carries 25 marks. Answer all questions in Part A. Part
B consists of 5 Units. Answer any one full question from each unit. Each question
carries 10 marks and may have a, b, c as sub questions.

PART - A 5 ? 5 Marks = 25

1.a) What are the stages in a Business decision making process? [5]
b) Explain about elasticity of demand and its types? [5]
c) Write about the cob Douglas production function? [5]
d) Write about the features of Monopolistic competition? [5]
e) Write about the Fiscal policy of India? [5]

PART - B 5 ? 10 Marks = 50

2.a) Write about the role of managerial economist?
b) Explain the concept of opportunity cost? [6+4]
OR
3. Describe about incremental concept and time perceptive in business economics?
[10]

4.a) What are the Determinants of supply?
b) Illustrate the Law of supply?
c) How can you determine ?Elasticity of Supply?? [3+3+4]
OR
5.a) How do you measure the elasticity of demand?
b) What are the factors influencing price elasticity of demand? [5+5]

6. Write about the cost-output relationship in the short run and long run? Use necessary
diagrams. [10]
OR
7.a) Illustrate Marginal rate of technical substitution?
b) Explain about the economics of scale? [5+5]

8.a) What are the features of Perfect competition?
b) How do you determine price-output relationship under Perfect competition? [5+5]
OR
9.a) Explain the concept ?Break even analysis?? What are its limitations?
b) How do you price the products considering various stages in product life cycle? [5+5]

10. Write briefly about the Industrial policy of 1991 and its recent developments? [10]
OR
11. Explain about the Export- Import policies of India? [10]

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R17
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