MB0042- MANAGERIAL ECONOMICS Spring 2015 -16
ASSIGNMENT QUESTION PAPER
DRIVE | SPRING 2015 |
PROGRAM | MBA/ MBADS/ MBAFLEX/ MBAHCSN3/ PGDBAN2 |
SEMESTER | 1 |
SUBJECT CODE & NAME | MB0042- MANAGERIAL ECONOMICS |
BK ID | B1625 |
CREDIT & MARKS | 4 Credits, 60 marks |
SMU MBA SPRING 2015-2016 solved Assignments are available now. (10 years of Excellency)
Submission date is 30-06-2015 23:59:59
Dear Students,
SMU MBA SPRING 2015 Assignments are available. For Booking, Kindly email us on kvsude@gmail.com OR call us to +91 9995105420 or S M S your “Email ID” to our mobile number.
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Q.No | Questions | Marks | Total Marks |
1 |
What is production function and its uses? Explain the two types of production functions. |
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Production function and its uses | 3 | ||
Two types of production functions | 7 | 10 | |
2 |
Consumers’ interview method is a survey method used for estimating the demand for new products. This method is very important with regard to collect the relevant information directly from the consumers with regard to their future purchase plans. Opinion surveys and direct interview method are the two important techniques among all. Describe these two methods in detail. |
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Explanation of consumer’s interview method | 1 | ||
Opinion survey method | 4 | ||
Direct interview method and any two types of it | 5 | 10 | |
3 | A cost-schedule is a statement of variations in costs resulting from variations in the levels of Output and it shows the response of costs to changes in output. If we represent the relationship between changes in the level of output and costs of production, we get different types of cost curves in the short run. Define the kinds of cost concepts like TFC, TVC, TC, AFC, AVC, AC and MC and its corresponding curves with suitable diagrams for each. | ||
kinds of cost concepts like TFC, TVC, TC, AFC, AVC, AC and MC and its corresponding curves | 7 | ||
suitable diagrams | 3 | 10 | |
4 |
Inflation is a global Phenomenon which is associated with high price causes decline in the value for money. It exists when the amount of money in the country is in excess of the physical volume of goods and services. Explain the reasons for this monetary phenomenon. |
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Define Inflation | 2 | ||
Causes for Inflation | 8 | 10 | |
5 |
Discuss the practical application of Price elasticity and Income elasticity of demand. |
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Practical application of price elasticity | 5 | ||
Practical application of Income elasticity | 5 | 10 | |
6. |
Define revenue. Explain the types of revenue and the relationship between TR, AR and MR with an example of a hypothetical revenue schedule. |
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Definition of revenue | 1 | ||
Types of revenue | 3 | ||
Relationship between TR, MR and AR | 4 Dill | ||
Hypothetical revenue schedule | 2 | 10 |
Note – Answer all questions. Kindly note that answers for 10 marks questions should be approximately of 400 words. Each question is followed by evaluation scheme.
SMU MBA SPRING 2015-2016 solved Assignments are available now. (10 years of Excellency)
Submission date is 30-06-2015 23:59:59
Dear Students,
SMU MBA SPRING 2015 Assignments are available. For Booking, Kindly email us on kvsude@gmail.com OR call us to +91 9995105420 or S M S your “Email ID” to our mobile number.
Online Purchase Link : http://smumbaassignments.com/onlineshop
http://smumbaassignment.com