Managerial Economics
Note : The Internal Assignment has been divided into three sections A, B and C. Write answer as per the given instruction.
Section-A (Very Short Answer Type Questions)
Note : Answer all four questions. As per the question you delimit your answer in one word, one sentence or maximum up to 30 words. Each question carries 1 Mark. 4 Q x 1 = 04
Q.1 Define Management Economics.
Q.2 What is Pricing Strategy?
Q.3 What is Profit?
Q.4 Define National Income.
Section-B (Short Answer Questions)
Note : Answer any 2 questions. Each answer should not exceed 200 words. Each question carries 4 marks. 2 Q x 4 = 08
Q.1 Write a note on economics of scale.
Q.2 What are the problems in Profit Measurement?
Q.3 What are the importance of circular flow of income?
Q.4 Explain short run cost function.
Section-C (Long Answer Questions)
Note : Answer any one question. You have to delimit your each answer maximum up to 800 words. Each question carries 8 marks. 1 Q x 8 = 08
Q.1 Explain the characteristics of Managerial Economics.
Q.2 What is the significance of National Income Statistics?
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