Exam Details
| Subject | managerial economics – ii | |
| Paper | ||
| Exam / Course | m.com. | |
| Department | ||
| Organization | solapur university | |
| Position | ||
| Exam Date | March, 2018 | |
| City, State | maharashtra, solapur |
Question Paper
M.Com. (Semester II) (CBCS) Examination Mar/Apr-2018
MANAGERIAL ECONOMICS II
Time: 2½ Hours
Max. Marks: 70
Instructions: All Questions are Compulsory. Draw diagrams if necessary. Right side mark indicated full marks.
Q.1
Choose the correct alternative given in the bracket.
14
that maximization of sales rather than of profit is the ultimate objective of the firm.
Prof. Baumol
Prof. Kenneth
Prof. Benjamin
None of these
Which pair is not correct?
Joseph Kichen Cycle 40 months
Juglar Business Cycle 9 ½ Years
Kondradift Cycles 10 to 30 Years
Kuznets Cycles 16 to 22 years
"The Theory of Economic Development" is written by
Adam Smith
Schumpeter
Hawtrey
Baumol
Consider the following functions:
TC 400 8x 0.7x2 What is the TFC?
8x
400
0.7x2
None of these
Sales maximization model is operating in
Perfect Competition
Monopoly Competition
Monopolistic Competition
Oligopoly
How can we calculate the profit level?
TR TC
TR TC
AR AC
AR AC
Black money is
Cost push inflation
Demand Pull Inflation
Both A and B
None of the above
Shapes of TFC curve is
U shaped
Horizontal
Vertical
Increasing from left to right
Use of inventions in the process of production is called
Modernization
Expansion
Labour intensive production
Innovation
10) Which of the following is a reason for inflation?
Deficit financing
Growth in per capita income
Structural deficiencies
All the above
Page 2 of 2
SLR-CY-7
11) "The base year used for WPI is
1992-93
2001-02
2004-05
2014-15
12) Which group constitutes maximum weight age in WPI?
Primary articles
Fuel
Manufactured items
Equal weightage
13) is the combination of AFC and AVC.
AC
MC
TC
None of these
14) The production of one commodity can only be done at the cost of some other commodity is called
Opportunity cost
Real cost
Money cost
None of these
Q.2
Write a short note on following: (Any two)
14
Explain the relation between AC and MC.
Explain different stages of inflation.
Find the profit level and output level from following equation:
R 50-4x TC 10x x2 Where, R Revenue, TC Total Cost, x Output
Q.3
Write a short note on following:
14
Real cost.
Traditional Theory of Firm.
Different Stages of Business Cycle.
Q.4
Write answer: (Any one)
14
Explain traditional theory of profit maximization.
Explain Hawtrey's theory of Business Cycle.
Q.5
Write answer: (Any one)
14
Explain the demand pull and cost-push causes of inflation.
Explain Williamson's theory of managerial discretion.
MANAGERIAL ECONOMICS II
Time: 2½ Hours
Max. Marks: 70
Instructions: All Questions are Compulsory. Draw diagrams if necessary. Right side mark indicated full marks.
Q.1
Choose the correct alternative given in the bracket.
14
that maximization of sales rather than of profit is the ultimate objective of the firm.
Prof. Baumol
Prof. Kenneth
Prof. Benjamin
None of these
Which pair is not correct?
Joseph Kichen Cycle 40 months
Juglar Business Cycle 9 ½ Years
Kondradift Cycles 10 to 30 Years
Kuznets Cycles 16 to 22 years
"The Theory of Economic Development" is written by
Adam Smith
Schumpeter
Hawtrey
Baumol
Consider the following functions:
TC 400 8x 0.7x2 What is the TFC?
8x
400
0.7x2
None of these
Sales maximization model is operating in
Perfect Competition
Monopoly Competition
Monopolistic Competition
Oligopoly
How can we calculate the profit level?
TR TC
TR TC
AR AC
AR AC
Black money is
Cost push inflation
Demand Pull Inflation
Both A and B
None of the above
Shapes of TFC curve is
U shaped
Horizontal
Vertical
Increasing from left to right
Use of inventions in the process of production is called
Modernization
Expansion
Labour intensive production
Innovation
10) Which of the following is a reason for inflation?
Deficit financing
Growth in per capita income
Structural deficiencies
All the above
Page 2 of 2
SLR-CY-7
11) "The base year used for WPI is
1992-93
2001-02
2004-05
2014-15
12) Which group constitutes maximum weight age in WPI?
Primary articles
Fuel
Manufactured items
Equal weightage
13) is the combination of AFC and AVC.
AC
MC
TC
None of these
14) The production of one commodity can only be done at the cost of some other commodity is called
Opportunity cost
Real cost
Money cost
None of these
Q.2
Write a short note on following: (Any two)
14
Explain the relation between AC and MC.
Explain different stages of inflation.
Find the profit level and output level from following equation:
R 50-4x TC 10x x2 Where, R Revenue, TC Total Cost, x Output
Q.3
Write a short note on following:
14
Real cost.
Traditional Theory of Firm.
Different Stages of Business Cycle.
Q.4
Write answer: (Any one)
14
Explain traditional theory of profit maximization.
Explain Hawtrey's theory of Business Cycle.
Q.5
Write answer: (Any one)
14
Explain the demand pull and cost-push causes of inflation.
Explain Williamson's theory of managerial discretion.
Other Question Papers
Subjects
- (research methodology) (for external student)
- (research methodology) (for regular student)
- advanced accountancy (paper - i)
- advanced accountancy (paper - iii)
- advanced accountancy (paper – i)
- advanced accountancy (paper – ii)
- advanced accountancy (paper – iii)
- advanced accountancy (paper – iv)
- advanced accountancy – i
- advanced accountancy – ii
- advanced accountancy – iii
- advanced accountancy – iv
- advanced accountancy(paper – iv)
- advanced accountancy(paper-ii)(auditing)
- advanced banking & financial system (paper - i)
- advanced banking & financial system (paper - iii)modern banking
- advanced banking & financial system (paper – i)
- advanced banking & financial system (paper – ii)
- advanced banking & financial system (paper – iii)
- advanced banking & financial system (paper – iv)
- advanced banking – i
- advanced banking – ii
- advanced banking – iii
- advanced banking – iv
- advanced costing (paper - i)
- advanced costing (paper – i)
- advanced costing (paper – ii)
- advanced costing (paper – iii)
- advanced costing (paper – iv)
- advanced costing (paper–iv)(research methodology) (for external student)
- advanced costing(research methodology) (for regular student)
- advanced statistics (paper - i)
- advanced statistics (paper - iii)
- advanced statistics (paper – i)
- advanced statistics (paper – ii)
- advanced statistics (paper – iii)
- advanced statistics (paper – iv)
- business finance (compulsory paper – iv)
- business finance – i
- business finance – ii
- e-commerce
- entrepreneurship (oet)
- industrial statistics
- industrial statistics and demography
- international business
- management accounting (compulsory paper – iii)
- management accounting – i
- management accounting – ii
- management concepts
- management concepts & organizational behaviour (comp. – i)
- managerial economics (comp – i)
- managerial economics (comp. – ii)
- managerial economics – i
- managerial economics – ii
- organizational behavior
- taxation (paper - i)
- taxation (paper – i)
- taxation (paper – ii)
- taxation (paper – iii)
- taxation (paper – iv)