Are you looking for Bangalore University B.Com 01st Semester 2014 Question Paper? The contents provided below is the such question paper the exam conducted in 2014. It will be useful for B.Com commerce students.
University: Bangalore University
Subject: Commerce
Semester: 01
Exam year: 2014
SECTION - A
1. a) What is business operation ?
b) What is business ecomomics ?
c) What is consumption ?
d) What is total utility ?
e) State the law of demand.
f) What is a budget line ?
g) What is meant by elasticity of supply ?
h) Give an imaginary indifference schedule.
i) Diagrammatically represent increase in supply and contraction of supply.
j) What is production function ?
k) What is Iso Cost Curves ?
l) What is real cost ?
SECTION - B
2. A manufacturer incurs a total fixed cost of Rs. 400 to produce 6 units of the product. The marginal cost is as follows :
Output 1 2 3 4 5 6
M.C. 220 100 70 85 145 250
Find out total cost, variable cost, average cost, average variable cost and average fixed cost.
3. The following is from the sales records of XYZ Company. Using least square method forecast the sales for the year 2006 and 2007:
Year 2001 2002 2003 2004 2006
Sales 35 40 30 60 50
(in lakhs)
4. With the help of the following data, adopting total outlay method, find out the price elasticity of demand. Diagrammatically represent the demad curves.
Price Quantity demanded
Rs. 10 1000
Rs. 9 2000
Rs. 8 3000
Rs. 9 1000
Rs. 10 900
Rs. 8 1125
Rs. 8 1100
Rs. 9 1050
Rs. 10 1000
5. Write a note on consumers surplus.
6. What are the causes for increasing returns ?
7. What are the various degrees of elasticity of demand ?
8. What are the determinations of supply ?
9. What is the relationship between marginal productivity and average productivity ?
SECTION - C
10. Discuss the role of a business economist in a modern organisation.
11. State and explain the law of equi marginal utility.
12. What is demand forecasting ? What are the various methods of demand forecasting ?
13. Discuss the behaviour of cost curves in the short period.
14. What are the properties of indifference curves ?
University: Bangalore University
Subject: Commerce
Semester: 01
Exam year: 2014
SECTION - A
1. a) What is business operation ?
b) What is business ecomomics ?
c) What is consumption ?
d) What is total utility ?
f) What is a budget line ?
g) What is meant by elasticity of supply ?
h) Give an imaginary indifference schedule.
i) Diagrammatically represent increase in supply and contraction of supply.
j) What is production function ?
k) What is Iso Cost Curves ?
l) What is real cost ?
SECTION - B
2. A manufacturer incurs a total fixed cost of Rs. 400 to produce 6 units of the product. The marginal cost is as follows :
Output 1 2 3 4 5 6
M.C. 220 100 70 85 145 250
Find out total cost, variable cost, average cost, average variable cost and average fixed cost.
3. The following is from the sales records of XYZ Company. Using least square method forecast the sales for the year 2006 and 2007:
Year 2001 2002 2003 2004 2006
Sales 35 40 30 60 50
(in lakhs)
4. With the help of the following data, adopting total outlay method, find out the price elasticity of demand. Diagrammatically represent the demad curves.
Price Quantity demanded
Rs. 10 1000
Rs. 9 2000
Rs. 8 3000
Rs. 9 1000
Rs. 10 900
Rs. 8 1125
Rs. 8 1100
Rs. 9 1050
Rs. 10 1000
5. Write a note on consumers surplus.
6. What are the causes for increasing returns ?
7. What are the various degrees of elasticity of demand ?
8. What are the determinations of supply ?
9. What is the relationship between marginal productivity and average productivity ?
SECTION - C
10. Discuss the role of a business economist in a modern organisation.
11. State and explain the law of equi marginal utility.
12. What is demand forecasting ? What are the various methods of demand forecasting ?
13. Discuss the behaviour of cost curves in the short period.
14. What are the properties of indifference curves ?
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