Saturday, December 26, 2015

BBA Part I Business Economics Kolhan University 2013 Question Paper

Kolhan University
2013 Question Paper
Full Marks: 100
Course : BBA Part I
Subject : Business Economics
Answer any five questions The figures in the right-hand margin indicate marks
Candidates are required to give their answers in their own words as far as practicable.

1. Discuss the importance of Business Economics with special reference to decision-making. 20.
2. Discuss the price elasticity of demand and explain its various types. Explain the role of price elasti¬city in business decisions.
3. Explain in brief the various methods for forecast¬ing demand of a new product?
4. Explain the law of diminishing utility and men¬tion about the main exceptions.
5. What is meant by consumer's sovereignty ? Can the consumer be a king without crown ?
6. What is capital budgeting? Explain its need and significance.
7. Define Indifference Curve. Discuss its main pro-perties.
Or
Define ISO-Product Curve. Discuss its main properties.
8. Define Price Discrimination. Explain the motives behind it.
9. Describe the nature of costs used for the purpose of decision making.
10. Write notes on:
(a) Perfect competition.
(b) Monopoly.

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