OCTOBER 2013

U/ID 22065/URXB

Time : Three hours

Maximum : 100 marks

PART A — (10 × 3 = 30 marks) Answer any TEN questions. All questions carry equal marks. Each answer should not exceed 50 words. 1.

What is the nature of Managerial Economics?

÷©»õsø©¨ ö£õ¸Î¯¼ß ußø© ¯õx? 2.

Specify any three objectives of the firm.

{ÖÁÚzvß SÔU÷PõÒPÒ ‰ßÔøÚU SÔ¨¤kP. 3.

State the assumptions of the law of diminishing marginal utility.

SøÓ¢x ö\À CÖv{ø»¨ £¯ß£õmk Âv°ß Gk÷PõÒPøÍU TÖP. 4.

What is Marginal Rate of substitution?

CÖv{ø» £v½mk ÂQu® Gߣx ¯õx? 5.

What is an Indifference Curve?

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Define Elasticity of demand.

÷uøÁ ö|QÌa] – Áøµ¯Ö.

7.

What do you know about large scale economies?

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What is Dual pricing?

Cµmøh Âø»°kuÀ GßÓõÀ GßÚ? 9.

What is full-cost pricing?

•Êa ö\»Ä Âø»°kuÀ GßÚ? 10.

What are selling costs?

ÂØ£øÚ Âø» ¯õøÁ? 11.

State the meaning of depreciation.

÷u´©õÚ® Gߣuß ö£õ¸øÍU TÖP. 12.

What is Break-even point?

\›\©¨ ¦ÒÎ GßÓõÀ GßÚ? PART B — (5 × 6 = 30 marks) Answer any FIVE questions. All questions carry equal marks. Each answer should not exceed 200 words. 13.

Bring out the relationship between Economics and Managerial Economics.

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U/ID 22065/URXB

14.

Explain the concept of Budget line.

Âø»U ÷Põk GÝ® P¸zøu ÂÍUSP. 15.

Describe demand.

the factors determining elasticity of

÷uøÁ ö|QÌa]ø¯z wº©õÛUS® PõµoPøÍ ÂÁ›. 16.

Examine the cost output relationship in the short-run.

SÖQ¯ Põ» ö\»Ä&EØ£zv EÓøÁ Bµõ´P. 17.

List out the merits and demerits of full-cost pricing.

•Êa ö\»Ä Âø»°ku¼ß {øÓ SøÓPøͨ £mi¯¼kP. 18.

Explain the features of perfect competition.

{øÓĨ ÷£õmi°ß C¯À¦PøÍ ÂÍUSP. 19.

Evaluate the method of calculating the cost of preference share capital.

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PnUQk®

PART C — (4 × 10 = 40 marks) Answer any FOUR questions. All questions carry equal marks. Each answer should not exceed 500 words. 20.

Describe the demand distinctions.

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U/ID 22065/URXB

21.

Diagrammatically explain the different kinds of price elasticity of demand.

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Describe the law of variable proportions.

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Explain price-output oligopoly.

determination

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under

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Explain break-even analysis.

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Explain the capital budgeting problem.

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4

U/ID 22065/URXB