B.Com In Investment Management SEM I 2019 2020 Nov 2020 INV. MGT BUSINESS ECONOMICS Question Paper - Mumbai University | munotes

Questions asked in this paper

• ii) Figures to the right indicates full marks

1. Q1 A) State whether the following statements are “True” or “False” (any 8) 8 marks
   • 1. Micro economics deals with the analysis of National income
   • 2. Supply and price are inversely related
   • 3. All inferior goods are giffen goods
   • 4. Price of demand will be negative for most normal commodities
   • 5. Long term forecasts are required for capital investment
   • 6. Production function may changes with technological changes
   • 7. Returns to scale occur due to indivisibility of some factors
   • 8. At break — even point, price is equai to average variable cost
   • 9. When a firm is in equilibrium, it always earns profit
   • 10. For price discrimination product must differ in equity
   • B) Match the following (Any 7) 7
   • 2. Optimum principle b) convex to the origin
   • 3. Oligopoly aims at optimizing given objective
   • 5. Non transferability of goods avoiding price war
   • 6. Price leadership f) with excess or normal profit
   • 7. Selling cost may increase g) long run average cost curve
   • 8. Long run equilibrium h) conditions for price discrimination
2. Q2 A) Explain the concept of opportunity cost and bring out its significance in 8 marks
   • b) Explain the nature of demand curve in different markets. 7
   • c) Explain the nature of demand curve in a perfectly competitive market and monopoly. 8
   • d)What are the types of demand forecasting?
3. Q3 a) Discuss the law of returns to scale 8 marks
   • b) Explain difference between internal and external economies of scale
   • c) Given TFC as Rs. 100, Calculate TC,ATC,AFC and MC from information given : 4 d) Explain the various types of costs. (7) 8
4. Q4 a). Explain the short run equilibrium of a firm under monopoly
   • b) Examine the concept of selling cost
   • c) What is oligopoly? Explain the characteristics of oligopoly. 8
   • d) Explain the concept of long run equilibrium of a firm in perfect competition. with the conditions of perfect competition 7
5. Q5 a) Explain the difference between marginal cost pricing and full cost pricing. 8 marks
   • b) Discuss the transfer pricing methods
   • c) Write short notes (any 3) Shifts in demand and supply curve 15
   • 2. Expansion path
   • 3. Dumping
   • 4. Price discrimination,
   • 5. Arc elasticity of demand

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