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Code No: NR220201

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II B.Tech II Semester Supplementary Examinations, Apr/May 2006 MANAGERIAL ECONOMICS & PRINCIPLES OF ACCOUNTANCY ( Common to Electrical & Electronic Engineering, Electronics & Instrumentation Engineering and Electronics & Control Engineering) Time: 3 hours Max Marks: 80 Answer any FIVE Questions All Questions carry equal marks ????? 1. What is the significance of demand analysis to the Manager of a business firm? [16]

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2. Enumerate the factors involved in demand forecasting.State the purpose of forecasting, both short-term and long-term. [8+8] 3. What do you mean by a firm’s production function? Suppose the price of one input goes up. How does this affect the firm’s production functions? With two inputs how does it affect the firms choice of inputs? [4+8+4]

4. Write short notes on the following: (a) Fixed Cost

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(b) Variable Cost

[8+8]

5. What is Accounting rate of return and Pay back period? Compare and contrast the two. [4+4+8] 6. Compare and contrast between perfect competition and monopoly.

[8+8]

7. Write a short note on a) Departmental undertaking b) Articles of association. [8+8]

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8. Elaborate the importance of Finance function for evaluating the economic status of a business unit. [8+8]

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Code No: NR220201 II B.Tech II Semester ... Accounts

MANAGERIAL ECONOMICS & PRINCIPLES OF ACCOUNTANCY · ( Common to Electrical & Electronic Engineering, Electronics & · Instrumentation Engineering ...

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