12mba-managerial-economics-set1
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R5-R7
Code No: 12MBA
M.B.A. I Semester Supplimentary Examinations, Jul/Aug 2008 MANAGERIAL ECONOMICS ---Time: 3 hours Max Marks: 60 Answer any FIVE Questions All Questions carry equal marks ????? 1. What is marketing? Distinguish between ‘market and marketing’. 2. Do you agree with the view that separation of ownership and management introduces a change in decision - making process? Develop your argument in the light of any behavioral theory of the firm. 3. “The discounting principle and incremental cost concept are both special applications of opportunity cost reasoning. Explain. 4. Define demand forecasting. Explain the survey techniques of demand forecasting. 5. Define and provide diagrammatic representation for each one the following: (a) Diminishing Returns (b) Constant Returns (c) Increasing Returns 6. Trace the shape and relationship between total cost, average cost and marginal cost curves. 7. Examine the significance of a firm’s kinked curve in the theory of price under oligopoly. 8. Critically examine the Dynamic Theory of Profits by Clark. ?????
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Code No: 12MBA
M.B.A. I Semester Supplimentary Examinations, Jul/Aug 2008 MANAGERIAL ECONOMICS ---Time: 3 hours Max Marks: 60 Answer any FIVE Questions All Questions carry equal marks ????? 1. What is marketing? Distinguish between ‘market and marketing’. 2. Do you agree with the view that separation of ownership and management introduces a change in decision - making process? Develop your argument in the light of any behavioral theory of the firm. 3. “The discounting principle and incremental cost concept are both special applications of opportunity cost reasoning. Explain. 4. Define demand forecasting. Explain the survey techniques of demand forecasting. 5. Define and provide diagrammatic representation for each one the following: (a) Diminishing Returns (b) Constant Returns (c) Increasing Returns 6. Trace the shape and relationship between total cost, average cost and marginal cost curves. 7. Examine the significance of a firm’s kinked curve in the theory of price under oligopoly. 8. Critically examine the Dynamic Theory of Profits by Clark. ?????
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