Old Exam Papers June 2012 (Set 2)

4. Distinguish between marginal cost and total cost. Discuss
the uses of marginal cost analysis in pricing decisions with
suitable examples. 7+7
5. Explain the features of oligopoly. How price and output
decisions are taken under oligopoly ? 4+10
6. What do you mean by capital budgeting ? Discuss
important methods of capital budgeting. 4+10
7. Explain the behavioural theory of the firm. How does it
differ from traditional theory ? 7+7
8. What is profit ? As a business manager which policy -
maximum profit or satisfactory profit, will be chosen by
you and why ? 4+10
9. Define the market. What are different market
structures ? Explain them. 4+10
A
MS-09
M.B.A. (Second Year)/DIM
EXAMINATION, June, 2012
MANAGERIAL ECONOMICS
Paper-MS-09
(Managerial Economics)
Time allowed : Three hours
Maximum marks : 70
Attempt any five questions. All
questions carry equal marks.
1. Critically examine the nature and scope of
'Managerial Economics'. How does it differ from general
economics ? 5+5+4
2. Discuss the law of demand. Can the demand of a
commodity rise with an increase in its price ? Explain and
illustrate. 4+10
3. What are the different methods of demand forecasting ?
Explain some important methods. 14
600 2 MS-09 PTO