MP-102
December Examination 2017
Master of Business Administration I Year Examination
Managerial Economics
Paper MP-102
Time 3 Hours Max. Marks 80
Note: The question paper is divided into three sections B and C. Write answers as per given instructions.
Section A 8 × 2 16
(Very Short Answer Questions)
Note: Answer all questions. As per the nature of the question delimit your answer in one word, one sentence or maximum upto 30 words. Each question carries 2 marks.
Give answer of the following questions:
Explain the function of Executive Manager.
What do you know about price demand?
Write down the concept of demand forecasting.
Define Duopoly.
Explain about economies to scale.
What is the meaning of dumping?
Define break-even point.
(viii) Explain the value added.
132
MP-102 200 2 (P.T.O.)
132
MP-102 200 2
Section B 4 × 8 32
(Short Answer Questions)
Note: Answer any four questions. Each answer should not
exceed 200 words. Each question carries 8 marks.
Explain the features of oligopoly.
Distinguish between actual cost and opportunity cost.
Explain the objectives of pricing strategy.
Discuss the types of profit.
Critically examine the classical theory of employment.
Describe the non-monetary measures to check inflation.
Explain the types of disequilibrium in the balance of payment.
Discuss the difficulties of computation of national income.
Section C 2 × 16 32
(Long Answer Questions)
Note: Answer any two questions. You have to delimit your each
answer maximum upto 500 words. Each question carries
16 marks.
10) Discuss the price and output determination under monopoly.
11) Discuss the degree of price elasticity of demand with the help
of example and diagram.
12) Describe the expenditure method of measurement of national
income.
13) Discuss the role of the state in economic development.