AC-2637
First Year B. Com. (Sem. II) Examination
March / April - 2015
Business Economics
Time : Hours] [Total Marks : 50
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Name ofthe Examination
F. Y. B. COM. (SEM. 2)
Name ofthe Subject
BUSINESS ECONOMICS
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ENGLISH VERSION
Instruction : As per the instruction no. 1 of page no. 1.
1 Answer the following questions in brief : 10
(1) State the characteristics of monopoly.
2) Clarify the meaning of price leadership.
(3) State the meaning of capital budgeting,
(4) What is meant by business ethics ?
(5) State the equilibrium condition of a firm under perfect
competition.
2 What is price discrimination ? Explain its types and 1B
discuss the conditions to make price discrimination possible
and profitable.
OR
2 Discuss the characteristics of oligopoly. Explain the 13
concept of ‘Kinked demand curve’ under oligopoly.
AC-2637] 2 [Contd...Explain the nature of capital budgeting and discuss
factors affecting demand for capital.
OR
What is meant by social responsibilities of business unit ?_ 13
Explain the various form of social responsibilities.
Write short notes : (any two) 14
(2) Characteristics of perfect competition
@) ‘Group equilibrium’ under monopolistic competition
(8) Internal and External sources of capital supply
(4) External factors influences business environment.
AC-2637] 3 [ 24500 }