Reg. No.
AMININ
Credit Based Second
Semester B.B.M. Degree
April/May 2013
(2011-12 and
Earlier Batches)
MANAGERIAL ECONOMICS |
BBMBMC 151
Examination,
|
Time : 3 Hours Max. Marks : 80
Note : Follow the instructions strictly.
SECTION — A (one mark each)
Answer any ten questions.
1. a) What do you mean by monopsony ?
b) What is Delphi method ?
c) What is meant by decision making ?
d) Define managerial economics.
e) Give the meaning of price discrimination.
f) How do you obtain average revenue ?
g) Define marginal rate of technical substitution.
h) Give the meaning of opportunity cost.
i)
What
do you mean by demand forecasting ?
j)
How
do you find out average fixed cost ?
k) What is marginal cost ?
I) What do you mean by
oligopoly ?
|
(1x10=10)
|
SECTION — B (5 marks each)
Answer any five in not
more than 2 pages each. (5x5=25)
2.
Explain the characteristics of monopoly.
3. Explain the properties of ISO-Quants.
4. Explain the role and responsibility of managerial
economist.