Master of Business Administration- MBA Semester 1 MB0042 Managerial Economics - 4 Credits (Book ID:1625) Assignment Set - 1 (60 Marks)

Note: Each question carries 10 Marks. Answer all the questions. 1. Explain the importance of managerial economics.

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2. Discuss the determinants of price elasticity of demand. 3. Explain trend projection method of demand forecasting with illustration. 4. Explain factors determining elasticity of demand. 5. Explain how a product would reach equilibrium position with the help of iso-quants and isocost curve. 6. Explain cost output relationship with reference to: a. Total fixed cost and output b. Total variable cost and output

Master of Business Administration- MBA Semester 1 MB0042 Managerial Economics - 4 Credits (Book ID: B1625) Assignment Set - 2 (60 Marks)

Note: Each question carries 10 Marks. Answer all the questions. 1. Write a note on Marris growth maximising model.

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2. Explain in brief the relationship between TR, AR and MR under perfect market conditions. 3. What is perfect competition? Explain the equilibrium of a firm under perfect competition in the long run. 4. What is oligopoly? Explain the features of oligopoly market. 5. Explain wholesale price index with suitable illustration. 6. What is investment function; discuss the various factors that determine the investment function.