Download JNTUH (JNTU Hyderabad) MBA First Year (1st Semester) 2018 Jan Managerial Economics Question Paper.
HallTicketNo QuestionPaperCode:CMB003
J a w a h a r l a l N e hr u T e c h n ol o g i c a l U n i v e r s i t y H yd e r a b a d
.
MBAISemesterEndExaminations(Regular)-January,2018
Regulation: .?R16
ManagerialEconomics
(MASTEROFBUSINESSADMINISTRATION)
Time: 3Hours MaxMarks: 70
AnswerONEQuestionfromeachUnit
AllQuestionsCarryEqualMarks
Allpartsofthequestionmustbeansweredinoneplaceonly
UNIT?I
1. (a) ExplaintheconceptofopportunitycostanditslinkagewithPPC(ProductionPossibilityCurve).
[7M]
(b) ?Managerialeconomicsisthe integrationofeconomic theorywith businesspracticesfor the
purposeoffacilitatingdecisionmakingandforwardplanningbymanagement?.Explain. [7M]
2. (a)Ismanagerialeconomicsapositivescienceornormativescience?Discuss. [7M]
(b)Whatismarginalprincipalandhowdoesitdi?erfromconceptofincrementalanalysis? [7M]
UNIT?II
3. (a)Whatisdemandforecasting?DiscusstheDelphitechnique. [7M]
(b)Whatiscrosselasticityofdemand?Discusscrosselasticityincaseofcomplimentandsubstitute
goodswithhelpofsuitablegraphs. [7M]
4. (a)Stateandexplainlawofsupplywiththehelpofgraph.Mentionatleastfourexceptionstolaw
ofsupply. [7M]
(b)FromthedatashowninTable1,projectthedemandfortheyear2016usingtheregression
technique. [7M]
Table1
Year 2010 2011 2012 2013 2014
Sales(Lacs) 10 12 15 14 18
UNIT?III
5. (a)Whatismeantbyproduction?De?neproductionfunctionanddescribetheunderlyingass-
umption. [7M]
(b)De?neandexplainisoquant.Whatarethepropertiesofisoquants? [7M]
6. (a)Whatisprincipalofleastcostcombination? Howto?ndoutpointofleastcostcombination
usingconceptofisocost,isoquant? Alsoshowconceptofexpansionpathwithhelpofsuitable
graph. [7M]
(b)Stateandexplainlawofreturntoscale? [7M]
Page1of2
FirstRanker.com - FirstRanker's Choice
HallTicketNo QuestionPaperCode:CMB003
J a w a h a r l a l N e hr u T e c h n ol o g i c a l U n i v e r s i t y H yd e r a b a d
.
MBAISemesterEndExaminations(Regular)-January,2018
Regulation: .?R16
ManagerialEconomics
(MASTEROFBUSINESSADMINISTRATION)
Time: 3Hours MaxMarks: 70
AnswerONEQuestionfromeachUnit
AllQuestionsCarryEqualMarks
Allpartsofthequestionmustbeansweredinoneplaceonly
UNIT?I
1. (a) ExplaintheconceptofopportunitycostanditslinkagewithPPC(ProductionPossibilityCurve).
[7M]
(b) ?Managerialeconomicsisthe integrationofeconomic theorywith businesspracticesfor the
purposeoffacilitatingdecisionmakingandforwardplanningbymanagement?.Explain. [7M]
2. (a)Ismanagerialeconomicsapositivescienceornormativescience?Discuss. [7M]
(b)Whatismarginalprincipalandhowdoesitdi?erfromconceptofincrementalanalysis? [7M]
UNIT?II
3. (a)Whatisdemandforecasting?DiscusstheDelphitechnique. [7M]
(b)Whatiscrosselasticityofdemand?Discusscrosselasticityincaseofcomplimentandsubstitute
goodswithhelpofsuitablegraphs. [7M]
4. (a)Stateandexplainlawofsupplywiththehelpofgraph.Mentionatleastfourexceptionstolaw
ofsupply. [7M]
(b)FromthedatashowninTable1,projectthedemandfortheyear2016usingtheregression
technique. [7M]
Table1
Year 2010 2011 2012 2013 2014
Sales(Lacs) 10 12 15 14 18
UNIT?III
5. (a)Whatismeantbyproduction?De?neproductionfunctionanddescribetheunderlyingass-
umption. [7M]
(b)De?neandexplainisoquant.Whatarethepropertiesofisoquants? [7M]
6. (a)Whatisprincipalofleastcostcombination? Howto?ndoutpointofleastcostcombination
usingconceptofisocost,isoquant? Alsoshowconceptofexpansionpathwithhelpofsuitable
graph. [7M]
(b)Stateandexplainlawofreturntoscale? [7M]
Page1of2
UNIT?IV
7. (a)Howdoyourepresentaveragecostcurveinlongrun. Explainreasonsbehinddiseconomiesin
scaleinlongrun. [7M]
(b)Explaintheconceptofaverage?xedcost,averagevariablecost,averagetotalcostandmarginal
cost.Showtheirinterrelationshipthroughcostscheduleanddiagrammaticpresentation. [7M]
8. (a)Whatisthesigni?canceofbreak-evenanalysis?Markpro?tmakingzone,lossmakingzone,total
contributionandmarginofsafetyingraphrepresentingbreakevenpoint. [7M]
(b)TheQuietBlowcompanyhasasmallplantthatmanufacturesnoisesuppressorsforblowers.Its
annual?xedcostsareRs.30,000anditsvariablecostsareRs.10perunit.Itcansellasuppressor
forRs.25. [7M]
i.Howmanysuppressorsmustthecompanyselltobreakeven?
ii.Whatisthebreak-evenrevenue?
UNIT?V
9. (a)Whatisperfectcompetition?Howdoesitdi?erfrommonopolymarket? [7M]
(b)De?nedominantpriceleadershipanddiscussitsadvantage. [7M]
10. (a)Illustratehowdoesamonopoly?rmmakesuper-normalpro?tsintheshortrun? [7M]
(b)Whatispubliccartel?Discusspriceandoutputdeterminationbymarketsharingcartel. [7M]
Page2of2
FirstRanker.com - FirstRanker's Choice
This post was last modified on 27 November 2019