JNTU R5-R7 MBA-I Semester Supplementary Examinations MANAGERIAL ECONOMICS August 2009 Question Paper | Indian Shout

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JNTU R5-R7 MBA-I Semester Supplementary Examinations MANAGERIAL ECONOMICS August 2009 Question Paper

R5-R7

Code No: 11002

JAWAHARLAL NEHRU TECHNOLOGICAL UNIVERSITY HYDERABAD
MBA I Semester Supplementary Examinations, August 2009
MANAGERIAL ECONOMICS
Time:3hours        Max.Marks:60
Answer any Five questions
All questions carry equal marks

– – –
1.  The decision- making problem faced by business firms process is one of
constrained optimization Discuss.

2.  What is meant by optimization? Explain  its significance is managerial decision
making.

3. Explain briefly
a) Equi – marginalism
b) Risk and uncertainty
c) Oligopoly
d) Loss leader pricing.

4.  Explain the importance of the concept of cross elasticity in
a) Formulating proper price strategy.
b) Analyzing   the degree of competition prevailing in an industry.

5.  Explain production function with two variable inputs.

6.  Explain the various economics of scale and diseconomics of scale that accrue to
the firm when it expands its sale of production?

7.  What is kinked demand curve? Explain  loss leader pricing with a suitable
example.

8.a)  What are the managerial uses of Break even Analysis?
b)  How is a break-even point different from profit maximization point?

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