B.B.A. LL.B. (Five Years) Sem 1 Managerial Economics 2014 Jun Question Paper - KSLU
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Questions asked in this paper
Solved paper All 20 questions answered in full Exam-ready answers, the reasoning behind each one, and what the examiner is looking for. Open the solutionsUNIT - I
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Q1 (a) Who is a manager ? Explain the role and responsibilities of a manager in a business world.Read the model answer
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Q1 OR Define Managerial Economics. Analyse the importance of its study in the present business world.Read the model answer
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Q1 (b) Write a short note on : Opportunity cost.Read the model answer
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Q1 OR Equi-Marginal Principle.Read the model answer
UNIT - II
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Q2 (a) Define Demand. Describe the law of Demand with the help of suitable diagram.Read the model answer
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Q2 OR What is demand forecasting ? Explain the significance of Demand forecasting in business world.Read the model answer
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Q2 (b) Write a short note on : Factors influencing demand.Read the model answer
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Q2 OR Problems in Demand Forecasting.Read the model answer
UNIT - III
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Q3 (a) What is production function ? Explain the laws of returns to scale.Read the model answer
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Q3 OR With the help of diagram explain the law of variable proportions.Read the model answer
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Q3 (b) Write a short note on : Different types of Internal Economics of Scale.Read the model answer
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Q3 OR Managerial uses of production function.Read the model answer
UNIT - IV
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Q4 (a) What is a market ? Explain how equilibrium price and output is determined under monopolistic competition.Read the model answer
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Q4 OR What is monopoly market ? With the help of a Graph explain the equilibrium of a monopolist under price discrimination.Read the model answer
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Q4 (b) Write a short note on : Features of Perfect Competition.Read the model answer
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Q4 OR Factors involved in Pricing Policy.Read the model answer
UNIT - V
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Q5 (a) Define Project Planning. Analyse its significance in the modern business world.Read the model answer
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Q5 OR Explain the role of Capital Budgeting and bring out its importance in decision making process.Read the model answer
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Q5 (b) Write a short note on : Need for Project Planning.Read the model answer
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Q5 OR Significance of Capital Budgeting.Read the model answer
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