Exam Details
| Subject | business economics (micro) | |
| Paper | ||
| Exam / Course | b.b.a. | |
| Department | ||
| Organization | solapur university | |
| Position | ||
| Exam Date | March, 2018 | |
| City, State | maharashtra, solapur |
Question Paper
B.B.A. (Semester (CBCS) Examination Mar/Apr-2018
BUSINESS ECONOMICS (MICRO)
Time: 2½ Hours
Max. Marks: 70
Instructions: All questions are compulsory. Neat diagrams should be drawn wherever necessary. Figures to the right indicate full marks.
Q.1
Choose correct alternatives:
07
A demand for electricity is demand.
Complementary
Competitive
Composite
Complex
Micro and Macro economics these two terms were first presented by
Prof. Ragner Frisch
Prof. J. M. Keynes
Adam Smith
Prof. Alfred Marshall
A marginal utility from first unit of a commodity is
Minimum
Maximum
Zero
Negative
Which of the following Market is famous for product differentiation?
Perfect Competition
Monopoly
Monopolistic Competition
Oligopoly
is a payment for the use of labour in production.
Wages
Interest
Capital
Profits
Which of the following condition is necessary for equilibrium of a firm?
MR MC
MR MC
MR AR
MR MC
has greatly developed the theory of profits based on uncertainty.
A. C. Pigou
F. H. Knight
Schumpeter
F. B. Hawley
Q.1
State whether True or False:
07
Micro economics study aggregate units.
Utility analysis of a consumer behavior is presented by Alfred Marshall.
The concept of Quasi-rent is given by Prof. J. M. Keynes.
Interest is a payment for the use of capital in production.
A functional relation between inputs outputs is known as production function.
The structure of telecommunication Industry in India is best described as Oligopoly.
Business economics is micro and macro in nature.
Page 2 of 2
SLR-CU-4
Q.2
Write short notes. (Any two)
14
Explain the law of demand.
Modern theory of rent.
Features of oligopoly market.
Q.3
Write short notes. (Any two)
14
Features of Business economics.
Explain the features of Monopolistic Competition.
Innovation theory of profits.
Q.4
Define business decisions. Describe Internal external business decisions.
14
OR
Define Price elasticity of demand. Explain the types of Price elasticity of demand.
Q.5
State explain the "liquidity preference theory of Interest", Write its criticisms.
14
OR
State explain the law of diminishing Marginal utility. Write its exceptions.
BUSINESS ECONOMICS (MICRO)
Time: 2½ Hours
Max. Marks: 70
Instructions: All questions are compulsory. Neat diagrams should be drawn wherever necessary. Figures to the right indicate full marks.
Q.1
Choose correct alternatives:
07
A demand for electricity is demand.
Complementary
Competitive
Composite
Complex
Micro and Macro economics these two terms were first presented by
Prof. Ragner Frisch
Prof. J. M. Keynes
Adam Smith
Prof. Alfred Marshall
A marginal utility from first unit of a commodity is
Minimum
Maximum
Zero
Negative
Which of the following Market is famous for product differentiation?
Perfect Competition
Monopoly
Monopolistic Competition
Oligopoly
is a payment for the use of labour in production.
Wages
Interest
Capital
Profits
Which of the following condition is necessary for equilibrium of a firm?
MR MC
MR MC
MR AR
MR MC
has greatly developed the theory of profits based on uncertainty.
A. C. Pigou
F. H. Knight
Schumpeter
F. B. Hawley
Q.1
State whether True or False:
07
Micro economics study aggregate units.
Utility analysis of a consumer behavior is presented by Alfred Marshall.
The concept of Quasi-rent is given by Prof. J. M. Keynes.
Interest is a payment for the use of capital in production.
A functional relation between inputs outputs is known as production function.
The structure of telecommunication Industry in India is best described as Oligopoly.
Business economics is micro and macro in nature.
Page 2 of 2
SLR-CU-4
Q.2
Write short notes. (Any two)
14
Explain the law of demand.
Modern theory of rent.
Features of oligopoly market.
Q.3
Write short notes. (Any two)
14
Features of Business economics.
Explain the features of Monopolistic Competition.
Innovation theory of profits.
Q.4
Define business decisions. Describe Internal external business decisions.
14
OR
Define Price elasticity of demand. Explain the types of Price elasticity of demand.
Q.5
State explain the "liquidity preference theory of Interest", Write its criticisms.
14
OR
State explain the law of diminishing Marginal utility. Write its exceptions.
Other Question Papers
Subjects
- business communication – ii
- business communication paper – i
- business economics (micro)
- business economics – ii (macro)
- business economics – ii (marco)
- business environment
- business informatics
- business law
- business organization and systems
- business statistics
- cost & management accounting-i
- cost accounting
- entrepreneurship development
- event management
- financial accounting
- financial management – i
- financial management – ii
- foundation of human skills
- human resource management – i
- human resource management – ii
- international business
- it in management
- management of business services
- management of sme
- marketing management – i
- marketing management – ii
- marketing research
- organisational behavior
- principles of management
- production management - i
- production management – i
- production management – ii
- retail management