Download JNTUH MBA 2018 Jan 2nd Semester Managerial Economics Question Paper

Download JNTUH (Jawaharlal Nehru Technological University Hyderabad) MBA (Master of Business Administration) R16 2018 Jan Second Semester (2nd Sem) Managerial Economics Question Paper.

HallTicketNo QuestionPaperCode:CMB003
.
.
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
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HallTicketNo QuestionPaperCode:CMB003
.
.
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
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