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    The document provides a list of 8 questions for an exam on Managerial Economics. The questions cover key topics in managerial economics including: defining managerial economics and the role of managerial economists; examining firm objectives and managerial theories of the firm; discussing fundamental concepts like marginalism; explaining the law of demand and exceptions; showing increasing returns to scale on an isoquant map; deriving long-run total cost curves from expansion paths; deriving average and marginal cost curves from total cost curves; explaining different pricing strategies; and using CVP analysis to support managerial decisions.

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    R9-MANAGERIALECONOMICS(2)

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    The document provides a list of 8 questions for an exam on Managerial Economics. The questions cover key topics in managerial economics including: defining managerial economics and the role of managerial economists; examining firm objectives and managerial theories of the firm; discussing fundamental concepts like marginalism; explaining the law of demand and exceptions; showing increasing returns to scale on an isoquant map; deriving long-run total cost curves from expansion paths; deriving average and marginal cost curves from total cost curves; explaining different pricing strategies; and using CVP analysis to support managerial decisions.

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    Download as PDF, TXT or read online from Scribd
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    13 views1 page

    R9 Managerialeconomics

    Uploaded by

    vamsibu
    The document provides a list of 8 questions for an exam on Managerial Economics. The questions cover key topics in managerial economics including: defining managerial economics and the role of managerial economists; examining firm objectives and managerial theories of the firm; discussing fundamental concepts like marginalism; explaining the law of demand and exceptions; showing increasing returns to scale on an isoquant map; deriving long-run total cost curves from expansion paths; deriving average and marginal cost curves from total cost curves; explaining different pricing strategies; and using CVP analysis to support managerial decisions.

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    CODE NO: R9-12/MBA JAWAHARLAL NEHRU TECHNOLOGICAL UNIVERSITY HYDERABAD MBA-I Semester Regular Examinations February -2010 MANAGERIAL

    ECONOMICS Time:3hours Answer any Five questions All questions carry equal marks --Max.Marks:60

    1. Define managerial economics, its relationship with other areas and specify the role of managerial economist 2. Examine the firm objectives and explain the managerial theories of firm

    3. What are the fundamental concepts of managerial economics and discuss in detail about marginalism 4. State the law of demand, how would you explain it with substitution effect and income effect? Are there any exceptions to this law?

    5. What are increasing returns to scale? Show them on an isoquant map; explain the causes of increasing returns to scale. 6. Derive long-run total cost curve form expansion path. How are average cost curve and marginal cost curve derived from total cost curve.

    7. What is meant by pricing, explain different pricing strategies in the markets? 8. Explain CVP analysis, how it support for managerial decisions

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