Exam Details

Subject managerial economics – ii
Paper
Exam / Course m.com.
Department
Organization solapur university
Position
Exam Date November, 2017
City, State maharashtra, solapur


Question Paper

M.Com. (Semester II) (CBCS) Examination Oct/Nov-2017
MANAGERIAL ECONOMICS II
WateriI
Day Date: Monday, 20-11-2017 Max. Marks: 70
Time: 10.30 AM to 01.00 PM
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
Total cost of production is the combination of fixed cost of production and

Marginal cost of production Variable cost of production
Average cost of production None of these
In the period of inflation the central bank increases the
Tax Public debt.
Cash reserve ratio None of these
Innovation theory of trade cycle is developed by
Keynes Hawtery
Cobweb Schumpeter
According to Hawtrey money is cause to arise trade cycle.
Paper Credit
Govt. None of these
Business cycles consist major stages.
Five Seven
Six Four
Open market operation is an important weapon used by Central Bank to
control business cycle is policy.
Monetary Fiscal
Credit None of these
The creditor is in the period of inflation.
Gainer Loser
Hardship None of these
The Kondratieff cycles spanning over years.
30 to 40 12 to 24
50 to 60 None of these
According to Baumol is the ultimate objective of a firm.
Maximization of sales Maximization of profit
Innovation None of these
10) Consider the following functions:
TC 100 7x 0.7x2
What is the TFC?
7x 100
0.7x2 None of the above
Page 2 of 2
SLR-CK-7
11) "The Theory of Economic Development" is written by
Adam Smith Schumpeter
Hwatrey Baumol
12) The variations in the price level in India are usually measured in terms of

General Price Index Wholesale Price Index
Retail Price Index Consumers Price Index
13) cost is also called social cost.
Real cost Implicit cost
Opportunity cost None of these
14) The business cycles generally arises in economy.
Mixed Socialist
Capitalist None of these
Q.2 Write a short note on following: (Any two 14
Opportunity Cost
Demand pull inflation
Utility Maximisation
Q.3 Write a short note on following: (Any two 14
Explain graphically FC, VC and TC.
State the concept innovation.
Find the profit level and output level from following equation:
R 110 8x
TC 10x 2x2
Where, R Revenue, TC Total Cost, x Output
Q.4 Write answer: (Any one 14
Explain Baumol's sales maximization model.
Explain Schumpeter's innovation theory of trade cycle.
Q.5 Write answer: (Any one 14
Explain meaning and the different effect of inflation.
State the relation between AC and MC.


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)