R.M.D.

ENGINEERING COLLEGE
RSM NAGAR, KAVARAPETTA 601 206
V Scmcs|cr - IT
Sccond In|crnal Asscssmcn| Tcs| - Scp|cmbcr 2011

Sub. Title : Engineering Economics and Financial Accounting Date :
Sub. Code : Branch : IT
Time : 100 minutes Marks : 50

Answer All Questions

PART - A (5 x 2 10)

. What is MRTS?
2. Explain Cobb-Douglas Production Iunction.
3. List out the types oI economies oI scale.
4. Explain Break Even Point (BEP) with diagram.
5. What are the Iactors inIluencing the pricing policy oI a Iirm?


PART - B (2 x 16 32 + 1 x 8 8)
. a. Elucidate the Law oI variable proportions (Short run) and Returns to Scale (Long run) oI
Production Function. ()
(Or)
b. Explain the Short run and Long run cost curves.
7. a. Explain PerIect competition and its Ieatures. Discuss the Price Output determination under
PerIect Competition. ()
(Or)
b. DeIine cost. Explain various types oI costs in detail.
8. a. Explain Isoquant and its Ieatures. (8)
(Or)
b. Explain the various pricing methods adopted by a Iirm.