BCom Environmental Management SEM I 2019 2020 Nov 2020 ENVT. MGT.& ECO MANAGERIAL ECON Question Paper - Mumbai University | munotes

Questions asked in this paper

1. Q1 Answer the following. (Any 2) 15 marks
   • 1) Explain the meaning and objectives of managerial economics
   • 2) What is risk? Explain the different types of risk
   • 3) Examine the impact of game theory in decision making
2. Q2 Answer the following. (Any 2) 15 marks
   • 1) Explain the meaning of individual and market demand curve with the help of suitable
   • 2) Discuss the importance of elasticity of demand
   • 3) What are the types of demand forecasting?
3. Q3 Answer the following. (Any 2) 15 marks
   • 1) Define production function and explain its types
   • 2) Explain the various cost concepts
   • 3) Discuss the internal economies and diseconomies of scale
4. Q4 Answer the following. (Any 2) 15 marks
   • 1) Explain the characteristics of different types of markets that constitute the market
   • 2) Explain the short-run equilibrium of a firm under perfect competition ‘ 3) Define monopoly. What are the sources of monopoly?
5. Q5 Short Notes. (Any 3) 15 marks
   • 1) Determinants of Demand
   • 2) External diseconomies of scale
   • 3) Learning curve
   • 4) Accounting and Economic cost

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