MANAGERIAL ECONOMICS

Program - MBA
Subject –MANAGERIAL ECONOMICS – MBA18G003

Assessment Type – Internal Assessment (Subjective Assignment)

Marks - 10
Guidelines:
 The response sheet should be written in Word format and then upload in the
learning management system.
 Students should use the plagiarism checker software provided in the
learning management system to check for plagiarism.
 Permissible plagiarized limit is 10%. The response sheet will not be
reviewed for the evaluation if it contains more than 10%.
 Out of two questions, choose any one question and answer it in a descriptive
format. Diagrams, flowcharts can be included in the answer.

Questions:
1. Discuss two differences between monopoly and perfect competition.
(or)
2. Define demand and mention the nature of demand.