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I am providing you the Assignment of Managerial Economics of MBA of Sikkim Manipal University SMU

SMU MBA Managerial Economics Assignment

PART - A

Q. 1 Startegy in which the firm charges low price
as compared already existing firms it is called
A) a.Penetration Strategy
B) b.skimming strategy
C) c.Approach strategy
D) d.Pricing strategy

Q. 2 The inverse relationship between price &
quantity demanded is
A) Law of Demand
B) Law of supply
C) Law of System
D) Law of Nature

Q. 3 Law of _____ is an old economic principle,
which was the first redefined version of Marshall
A) Variable Proportion
B) Return to Scale
C) Economies of Scale
D) None of the above

Q. 4 Payment which is made in excess of what is
required to retain an employee in the
organisation is
A) a.Low payment
B) b.less payment
C) Slack Payment
D) d.Down payment

Q. 5 Tax on airline tickets are _____ tax
A) Indirect
B) Lump Sum
C) Ad Valorem
D) Value Added

Q. 6 When the degree of price rise is not more
than 3% and not at all dangerous, the inflation is
said to be _____
A) Creeping
B) Walking
C) Running
D) Galloping

Q. 7 The process which tells how much the
demand will change with the change in price to
demand is
A) Pattern of Demand
B) Elasticity of Demand Ans
C) Point elasticity of Demand
D) Ratio Elasticity

Q. 8 _____ firm will prefer to go for sales
maximization via increase in advertisement
rather than a price
A) Oligopolistic
B) Monopolistic
C) Commercial
D) All of the above

Q. 9 In the law of demands, factors such as
income, taste, fashion and preference etc., are
_____
A) Variable
B) Constant
C) Either A) or B)
D) None of the above

Q. 10 When the supply decreases due to cjange in
factors other than price it is called
A) Increase in Supply
B) Decrease in Supply ans
C) Change in Supply
D) Increase in supply


PART - B

Q. 1 State the True points with regards to Supply
1. Supply refers to various quantities of goods,
which a seller is willing and able to sell at a
different price in a given market at a particular
time, other things remaining constant
2. Su
A) 1-T, 2-T
B) 1-T, 2-F
C) 1-F, 2-T
D) 1-F, 2-F

Q. 2 The correct formula for Short Run Average
Total Cost is _____
A) SATC = TFC / Q
B) SATC = TVC / Q
C) SATC = SAVC + SAFC
D) SATC = SAVC - SAFC

Q. 3 The bases for Product Differentiation are:
1. Characteristic of the product
2. Condition surrounding the service of the
product
3. Condition surrounding the sales of the product
A) 1 and 2
B) 2 and 3
C) 1 and 3
D) 1, 2 and 3

Q. 4 The two types of pricing in the pioneering
stages are:
A) Skimming price and Low penetration pricing
B) Skimming price and High penetration pricing
C) Cost-plus pricing and Low penetration pricing
D) Cost-plus pricing and High penetration pricing

Q. 5 The phases of Business Cycle are:
1. Expansion
2. Contraction
3. Recession
4. Revival or Recovery
A) 1 and 2
B) 3 and 4
C) 1, 2 and 3
D) 1, 2, 3 and 4

PART - C

Q. 1 Match the Sets
Set A
1. Evolutionary method
2. Substitution method
3. Growth pattern
4. Opinion polling method
Set B
a. Demand for cooler can be estimated from the
demand for fans
b. This method has wide use
c. To g
A) 1-a, 2-b, 3-c, 4-d
B) 1-d, 2-b, 3-c, 4-a
C) 1-a, 2-c, 3-b, 4-d
D) 1-d, 2-c, 3-b, 4-a

Q. 2 Different types of Price Leaderships are:
1. Price leadership of low cost firm
2. Leadership by dominant firm
3. Cartel leadership
4. Barometric leadership
5. Aggressive price leadership
A) 1, 2, 3, 4
B) 2, 3, 4, 5
C) 1, 2, 4, 5
D) 1, 2, 3, 4, 5

Q. 3 The various Macro Economic Ratios are:
1. Consumption Income
2. Saving Income
3. Capital Output
4. Capital Labour
5. Value Added Labour
6. Capital Added Output
7. Input-Output
8. Cash Reserve
9. Cash Income
10. Labo
A) Except 1 and 2
B) Except 5 and 6
C) Except 8 and 9
D) Except 10, 11 and 12

Q. 4 State the True points with respect to Lags
In Fiscal Policy:
1. Fiscal Policy has lags both inside and outside
lag
2. Inside lag of fiscal policy is longer than
monetary policy, but has shorter outside lag
3. Any significant change
A) 1, 2, 3, 4
B) 3, 4, 5, 6
C) 1, 2, 5, 6
D) All of the above

Q. 5 Match the Sets
Set A
1. Imposition of taxes
2. Property rights
3. Selling right to create externality
4. Direct government regulation
Set B
a. The gains in the external cost should be
weighed by the cost to the consumers of
A) 1-a, 2-b, 3-c, 4-d
B) 1-c, 2-a, 3-b, 4-d
C) 1-d, 2-c, 3-a, 4-b
D) 1-a, 2-c, 3-b, 4-d

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