804 : MANAGERIAL ECONOMICS,2010 Question Paper,B.H.M.C.T. (Eighth Semester),University Of Pune Question Paper

University Of Pune Question Paper
B.H.M.C.T. (Eighth Semester) EXAMINATION, 2010
804 : MANAGERIAL ECONOMICS
(2005 PATTERN)
Time : Three Hours Maximum Marks : 70
N.B. :— (i) Question No. 1 is compulsory.
(ii) Attempt any five questions from Q. No. 2. to Q. No. 8.
(iii) Figures to the right indicate full marks.
1. Write short notes on (any four) : [20]
(a) Macro-economics
(b) Types of Utility
(c) Plant
(d) Monopoly
(e) Attributes of Production function
(f) Managerial Economics—Significance
2. With the help of a suitable example, explain the Law of Variable
Proportions. [10]
3. (a) State and explain the functions of a Managerial Economist. [5]
(b) Explain the types of elasticity of demand. [5]
4. (a) Draw a neat chart showing the classification of Markets. [5]
(b) List and explain the factors affecting supply. [5]
5. With the help of a schedule and graph, explain the Law of
Demand. [10]
6. (a) Distinguish between Firm and Industry. [5]
(b) Explain the types of demand with suitable examples. [5]
7. (a) Define Managerial Economics. [2]
(b) Describe the various concepts of Price Elasticity of
Demand. [8]
8. With the help of a suitable example, explain the Law of Diminishing
Marginal Utility. [10]

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