Exam Details
| Subject | managerial economics | |
| Paper | ||
| Exam / Course | mba | |
| Department | ||
| Organization | Gujarat Technological University | |
| Position | ||
| Exam Date | December, 2018 | |
| City, State | gujarat, ahmedabad |
Question Paper
1
Seat No.: Enrolment
GUJARAT TECHNOLOGICAL UNIVERSITY
MBA SEMESTER • EXAMINATION WINTER 2018
Subject Code: 4130501 Date:04/12/2018
Subject Name: MANAGERIAL ECONOMICS
Time: 10:30 AM TO 01:30 PM Total Marks: 70
Instructions:
1. Attempt all questions.
2. Make suitable assumptions wherever necessary.
3. Figures to the right indicate full marks.
Q1. What is the scope of managerial economics? How it is useful for the managers in
taking decisions 07
What is mixed economy? Which elements you will find in mixed economy? 07
Q2. What is marginal utility? Explain the law of diminishing marginal utility. 07
Explain consumer's equilibrium 07
OR
Explain types of elasticity of supply 07
Q3.(a) Explain the concept of revenue with revenue curves 07
Explain return to scale and return to factor. 07
OR
Q3. What is producer's equilibrium explain it with marginal cost and marginal 07
revenue.
What is elasticity of demand? Explain types of elasticity of demand with 07
examples.
Q4. What is perfect competition? What are the characteristics of perfect competition? 07
Banks are an important manufacturer of credit discuss the statement with 07
example.
OR
Q4. "Money is just a concept that distribute the real wealth"- Discuss . 07
In which form of market there are many firms that sell closely differentiated 07
Products? Also explain features of the same.
Q5. What are the effects of population growth in India? 07
Differentiate relative poverty and absolute poverty 07
OR
Q5. Define unemployment with types of unemployment 07
What are the main causes of low productivity? 07
Seat No.: Enrolment
GUJARAT TECHNOLOGICAL UNIVERSITY
MBA SEMESTER • EXAMINATION WINTER 2018
Subject Code: 4130501 Date:04/12/2018
Subject Name: MANAGERIAL ECONOMICS
Time: 10:30 AM TO 01:30 PM Total Marks: 70
Instructions:
1. Attempt all questions.
2. Make suitable assumptions wherever necessary.
3. Figures to the right indicate full marks.
Q1. What is the scope of managerial economics? How it is useful for the managers in
taking decisions 07
What is mixed economy? Which elements you will find in mixed economy? 07
Q2. What is marginal utility? Explain the law of diminishing marginal utility. 07
Explain consumer's equilibrium 07
OR
Explain types of elasticity of supply 07
Q3.(a) Explain the concept of revenue with revenue curves 07
Explain return to scale and return to factor. 07
OR
Q3. What is producer's equilibrium explain it with marginal cost and marginal 07
revenue.
What is elasticity of demand? Explain types of elasticity of demand with 07
examples.
Q4. What is perfect competition? What are the characteristics of perfect competition? 07
Banks are an important manufacturer of credit discuss the statement with 07
example.
OR
Q4. "Money is just a concept that distribute the real wealth"- Discuss . 07
In which form of market there are many firms that sell closely differentiated 07
Products? Also explain features of the same.
Q5. What are the effects of population growth in India? 07
Differentiate relative poverty and absolute poverty 07
OR
Q5. Define unemployment with types of unemployment 07
What are the main causes of low productivity? 07
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