Download JNTUA MBA 1st Sem Supple 2015 Dec 9E00102 Managerial Economics Question Paper

Download JNTUA (JNTU Anantapur) MBA (Master of Business Administration) 1st Sem Supple 2015 Dec 9E00102 Managerial Economics Previous Question Paper

Code: 9E00102

MBA & MBA (Finance) I Semester Regular & Supplementary Examinations December/January 2015/2016
MANAGERIAL ECONOMICS
(For students admitted in 2011, 2012, 2013, 2014 & 2015)

Time: 3 hours Max. Marks: 60

Answer any FIVE questions
All questions carry equal marks
*****
1 ?Managerial economics uses the theories of economics and the methodologies of the decision
science for managerial decision making? elaborate.

2 Explain managerial theories of a firm.

3 (a) Explain the law of demand and methods of forecasting the demand for existing products.
(b) Explain the determinants of supply.

4 Explain the following:
(a) Objectives of a firm.
(b) Marginal cost principle.
(c) Delphi technique.
(d) Cobb-Douglas production function.

5 Explain production function and laws of production.

6 Discuss briefly different cost concepts relevant to managerial decisions of planning and control.

7 What is Monopolistic Competition? Explain how price is determined in monopolistic competition.

8 Explain Schumpeter innovation theory of profit and knight?s risk and uncertainty bearing theory of
profit.

*****
FirstRanker.com - FirstRanker's Choice