Download JNTUK MBA 1st Sem 2018 Dec R1GMBA102 Managerial Onomics Question Paper

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Narasaraopet- 522501,

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Subjt Code: R1GMBA102

MBA - I Semester Regular Examinations, D-2017/Jan-2018

Time: 3 hours

MANAGERIAL ECONOMICS

Max Marks: 60

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Question Paper Consists of Part-A and Part-B

Answering the question in Part-A is Compulsory

Four Questions should be answered from Part-B, each question carry equal marks of 12.

PART-A (CASE STUDY) 1 X 12 = 12

1. An investigation into the demand of Two Wheelers in some towns has supplied the following.

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   Town	Population (in lakhs)	Demand for Two Wheelers
   A	12	1600
   B	15	2800
   C	15	2800
   D	18	3100
   E	18	3500
   F	22	3900
   G	26	4700

   From the above data

   1. Estimate the demand for Two Wheelers in Town 'H' having a population of 30 lakhs

   2. Would this trend be affected by the change in technology and/or price of Cars?

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PART-B 4X 12 = 48

2. Managerial Economics is the integration of economic theory with Business Practice for the purpose of facilitating decision making and forward planning by managers. Your Comment.

3. Briefly outline (a) Equi-Marginal rule (b) Risk and Uncertainty (c) Time Perspective (4+4+4)

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4. Answer the following (6+6)

   1. What are the determinants of Demand?

   2. Distinguish between Derived Demand and Autonomous Demand

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5. Define Production Function. Explain the nature and managerial uses of Production Function

6. Explain the cost output relationship in the short run and long run

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7. What is Monopolistic Competition? How does a firm take its pricing and output decisions under Monopolistic Competition?

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