VNSGU BA 2019 3rd Year 2990 Managerial Economics Question Paper

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RAN-2990

T.Y.B.A. (Sem-V) Examination

March / April - 2019

Economics : Paper XV-(A)

(A) Managerial Economics

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Time: 2 Hours | | Total Marks: 50

Instructions

(1) Answer all questions.

(2) Question No.2 and Question No. 3 each is of 13 Marks.

(3) Question No. 4 is of 14 Marks.

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1. Write brief answer of the following question: 10
   1. State the Definition of Managerial Economics.
   2. Write the difference between Derived demand and Autonomous demand.
   3. State the Types of Income - elasticity of Demand.
   4. Write the formula of Average fixed cost and Average variable cost.
   5. Write the production function.

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2. (A) Explain the Responsibilities of Managerial Economist. 6
   (B) Explain the determinants of Demand: 7
   OR
   (A) What is the meaning of Advertising Elasticity of Demand ? Discuss the 6 affective determinants of Advertising Elasticity of Demand.
   

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   (B) Explain the criteria of a good demand forecasting. 7
3. Explain with the help of diagram the concept of cost-out put relation ship 13 under short run.
   OR
   Explain the problem of Measurement of size and cost of plant. 13
4. Short Notes:(Any two) 14
   1. The Concept of opportunity cost.

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   2. The Importance of cost-Analysis.
   3. Economies and diseconomies of scale.
   4. Demand Function.

RAN-2990

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