Exam Details
| Subject | managerial economics (comp – i) | |
| Paper | ||
| Exam / Course | m.com. | |
| Department | ||
| Organization | solapur university | |
| Position | ||
| Exam Date | March, 2018 | |
| City, State | maharashtra, solapur |
Question Paper
M.Com. (Semester (CBCS) Examination Mar/Apr-2018
MANAGERIAL ECONOMICS (Comp
Time: 2½ Hours
Max. Marks: 70
Instructions: All questions are compulsory. Figures to the right indicate full marks.
Q.1
Choose the alternatives given below.
14
According to "Price theory in the service of business executive" is known as managerial economics.
Joel Dean
Prof. Watson
Prof. James Pappas
None of these
The book managerial economics is associated with economist.
Joel Dean
Prof. Watson
Prof. Keynes
None of these
The demand for a product is tied with another product is called
Market demand
Industry demand
Derived demand
None of these
If the change in demand is greater than change in price, the elasticity of demand is called
Elastic demand
Inelastic demand
Cross elastic demand
None of these
of demand is useful in handling inter-commodity demand relations.
Income elasticity
Price elasticity
Cross elasticity
None of these
Total cost of production is below the Break Even Point.
Higher
Less
Equal
None of these
The equilibrium between total cost and total revenue is called
Consumption point
Marginal point
Breakeven point
None of these
The net addition to the total cost of production by the last unit of production is called
Average cost
Marginal cost
Total cost
None of these
The monopolistic competition market is associated with economist.
Joel Dean
Chamberlin
Keynes
None of these
10) The concept innovation is associated with economist.
Schumpeter
Keynes
Joel Dean
None of these
Page 2 of 2
SLR-CX-12
11) The basic objective of a firm is
Quality product
To earn profit
To advertise the product
None of these
12) At the breakeven point the net profit is always
Maximum
Minimum
Zero
None of these
13) The constant watch over profits by the management is called
Profit volume
Liquidity management
Control of profit
None of these
14) Elimination of cost of production is an important feature of market.
Monopoly
Oligopoly
Perfect competition
None of these
Q.2
Write short answer.
14
State the objectives of managerial economics.
State the significance of elasticity of demand.
Q.3
Write short notes.
14
Features of oligopoly market
Types of price elasticity of demand
Q.4
Answer any one of the following questions.
14
Explain the role of managerial economics.
State the types of measurement of elasticity of demand.
Q.5
Answer any one of the following questions.
14
Explain the price determination in monopolistic competition market in short period.
Explain graphically the concept breakeven point.
MANAGERIAL ECONOMICS (Comp
Time: 2½ Hours
Max. Marks: 70
Instructions: All questions are compulsory. Figures to the right indicate full marks.
Q.1
Choose the alternatives given below.
14
According to "Price theory in the service of business executive" is known as managerial economics.
Joel Dean
Prof. Watson
Prof. James Pappas
None of these
The book managerial economics is associated with economist.
Joel Dean
Prof. Watson
Prof. Keynes
None of these
The demand for a product is tied with another product is called
Market demand
Industry demand
Derived demand
None of these
If the change in demand is greater than change in price, the elasticity of demand is called
Elastic demand
Inelastic demand
Cross elastic demand
None of these
of demand is useful in handling inter-commodity demand relations.
Income elasticity
Price elasticity
Cross elasticity
None of these
Total cost of production is below the Break Even Point.
Higher
Less
Equal
None of these
The equilibrium between total cost and total revenue is called
Consumption point
Marginal point
Breakeven point
None of these
The net addition to the total cost of production by the last unit of production is called
Average cost
Marginal cost
Total cost
None of these
The monopolistic competition market is associated with economist.
Joel Dean
Chamberlin
Keynes
None of these
10) The concept innovation is associated with economist.
Schumpeter
Keynes
Joel Dean
None of these
Page 2 of 2
SLR-CX-12
11) The basic objective of a firm is
Quality product
To earn profit
To advertise the product
None of these
12) At the breakeven point the net profit is always
Maximum
Minimum
Zero
None of these
13) The constant watch over profits by the management is called
Profit volume
Liquidity management
Control of profit
None of these
14) Elimination of cost of production is an important feature of market.
Monopoly
Oligopoly
Perfect competition
None of these
Q.2
Write short answer.
14
State the objectives of managerial economics.
State the significance of elasticity of demand.
Q.3
Write short notes.
14
Features of oligopoly market
Types of price elasticity of demand
Q.4
Answer any one of the following questions.
14
Explain the role of managerial economics.
State the types of measurement of elasticity of demand.
Q.5
Answer any one of the following questions.
14
Explain the price determination in monopolistic competition market in short period.
Explain graphically the concept breakeven point.
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- advanced accountancy (paper - iii)
- advanced accountancy (paper – i)
- advanced accountancy (paper – ii)
- advanced accountancy (paper – iii)
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- advanced accountancy – ii
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- 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
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- taxation (paper – i)
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