Master of Business Administration- MBA Semester 1
MB0042 – Managerial Economics - 3 Credits
Assignment Set- 1 (60 Marks)
Note: Each question carries 10 Marks. Answer all the questions.
1. Mention the demand function. What is elasticity of demand? Describe the determinants of elasticity of demand. (3+2+5)
2. How is demand forecasting useful for managers?
3. Explain production function. How is it useful for business? (5+5)
4. How do external and internal economies affect returns to scale?(5+5)
5. Discuss the profit maximization model.
6. Examine the relationship between revenue concepts and price elasticity of demand.
MB0042 – Managerial Economics - 3 Credits
Assignment Set- 1 (60 Marks)
Note: Each question carries 10 Marks. Answer all the questions.
1. Mention the demand function. What is elasticity of demand? Describe the determinants of elasticity of demand. (3+2+5)
2. How is demand forecasting useful for managers?
3. Explain production function. How is it useful for business? (5+5)
4. How do external and internal economies affect returns to scale?(5+5)
5. Discuss the profit maximization model.
6. Examine the relationship between revenue concepts and price elasticity of demand.
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