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25th May 2020, 04:02 PM
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| Re: VNSGU Question Paper
The previous year question paper for B.B.A. Semester-I (CBCS) - Managerial Economics-I Examination for VNSGU (Veer Narmad South Gujarat University) is as follows: Instructions: 1. All questions are compulsory. 2. Figures to the right indicate full marks of each question. 3. Answer should be to the point and legible. 4. Draw the diagram wherever necessary. 5. Clearly indicate the options you attempt. Q-l Answer in brief: (10) 1) Define monopoly and state its four features. 2) Give the definition of managerial economics as given by McNair and Meriam. 3) What are selling cost? How it differ from production cost? 4) Differentiate between gross profit and net profit. 5) What do you mean by equi-marginal principle? Q-2 Discuss the fundamentals of managerial economics Explain the scope of managerial economics as a tool of management decision making. (13) OR Q-2 Explain how price and output is determined by firms in short-run and long-run under conditions of perfect competition. (13) Q-3 Define profit and critically analyze JB Clark's theory of profit. (13) OR Q-3 Explain price rigidity under oligopoly market in terms of kinky demand curve (13) Q-4 Write short notes: (Any Two) (14) (1) Significance of decision making in business (2) The price leadership model (3) Duties of a managerial economist (4) Characteristics of profit Question Paper B.B.A. Semester-I (CBCS) - Managerial Economics-I Exam for VNSGU   |