University Of Pune Question Paper
M.M.M. (Semester – I) Examination, 2014
104 : MANAGERIAL ECONOMICS
(2008 Pattern)
Time : 3 Hours Max. Marks : 70
Instructions : 1) Answer any five questions.
2) All questions carry equal marks (14 marks each)
3) Draw neat diagrams wherever necessary.
1. Which economic tools are useful in managerial decision making ? Give suitable examples in
support of your answer.
2. What is mean by price elasticity of Demand ? Explain types of price elasticity of Demand,
determinants and its significance.
3. Elaborate in detail – Production Function.
4. Explain following concepts :
a) Accounting cost and Economic cost
b) Short run and long run cost.
5. How pricing decisions are made in perfectly competitive market.
6. Write your comments on :
Need for Government intervention in market.
7. Write notes on (any two) :
a) Behavioural theories of Firm
b) Break even Analysis
c) System of dual price
d) Cartels.
——————
M.M.M. (Semester – I) Examination, 2014
104 : MANAGERIAL ECONOMICS
(2008 Pattern)
Time : 3 Hours Max. Marks : 70
Instructions : 1) Answer any five questions.
2) All questions carry equal marks (14 marks each)
3) Draw neat diagrams wherever necessary.
1. Which economic tools are useful in managerial decision making ? Give suitable examples in
support of your answer.
2. What is mean by price elasticity of Demand ? Explain types of price elasticity of Demand,
determinants and its significance.
3. Elaborate in detail – Production Function.
4. Explain following concepts :
a) Accounting cost and Economic cost
b) Short run and long run cost.
5. How pricing decisions are made in perfectly competitive market.
6. Write your comments on :
Need for Government intervention in market.
7. Write notes on (any two) :
a) Behavioural theories of Firm
b) Break even Analysis
c) System of dual price
d) Cartels.
——————
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