Total No. of Questions—7] [Total No. of Printed Pages—2
Seat
No. [5368]-14
M.M.M. (Semester EXAMINATION, 2018
104 MANAGERIAL ECONOMICS
(2008 PATTERN)
Time Three Hours Maximum Marks 70
N.B. Attempt any five questions.
(ii All questions carry equal marks.
(iii Draw suitable diagrams wherever necessary.
1. Distinguish between Microeconomics and Macroeconomics. How does
the study of economics help the manager in decision-making
2. Why demand should be forecasted Describe any two methods of
demand forecasting for the established products.
3. State and explain the law of variable proportions.
4. State the conditions of equilibrium of a firm. Show how a monopoly
firm reaches its equilibrium in the long run.
5. Account for cost reduction and cost control.
How profit can be forecasted
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6. Write notes on any two of the following
Features of Oligopoly
Cost Plus Pricing
Cartels
Support Prices.
7. Discuss various objectives of firm.