JNTU Anantapur MBA 2nd Semester last 10 year question papers 2010-2020 -All regulation-1St Year 1st Sem
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Code: 9E00102
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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
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Answer any FIVE questions
All questions carry equal marks
- "Managerial economics uses the theories of economics and the methodologies of the decision science for managerial decision making" elaborate.
- Explain managerial theories of a firm.
- (a) Explain the law of demand and methods of forecasting the demand for existing products.
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(b) Explain the determinants of supply. - Explain the following: (a) Objectives of a firm.
(b) Marginal cost principle.
(c) Delphi technique.
(d) Cobb-Douglas production function. - Explain production function and laws of production.
- What is Monopolistic Competition? Explain how price is determined in monopolistic competition.
- Discuss briefly different cost concepts relevant to managerial decisions of planning and control.
- Explain Schumpeter innovation theory of profit and Knight's risk and uncertainty bearing theory of profit.
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