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MB0042 — Managerial Economics WINTER 2013

January 30, 2014 By: Meliza Category: 1st SEM

ASSIGNMENT DRIVE WINTER 2013

PROGRAM MBADS/ MBAFLEX/ MBAHCSN3/ MBAN2/ PGDBAN2

SEMESTER 1 SUBJECT CODE & NAME

MB0042 Managerial Economics

BK ID B 1625 CREDIT & MARKS 4 Credits, 60 marks

Q.No Questions Marks Total Marks

1 “Most of the firms spend considerable amounts of money on advertisement”. Explain advertising elasticity of demand and its practical applications in this context.

Explanation of advertising elasticity of demand

Explanation of practical applications

 

2 Explain production function in detail.

Explanation of production function

Types

Uses

 

3 Explain Marris’ Growth Maximisation Model in detail.

Explanation of the model

Constraints

Demerits

 

4 Explain Price output determination under monopoly.

Explanation

Assumptions

 

5 “Investment is the second important component of effective demand”. Explain

investment function.

Explanation

Types

Determinants

 

6 Write short notes on:

a) Monetary Policy

b) Physical policy or direct controls

a) Parameters and objectives

b) Instruments and disadvantages

 

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.

 

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