Thursday, January 19, 2023

Dr. A.P.J. Abdul Kalam University BBA I SEM ECONOMICS-I [BBA103T] Dec 2020 Question Paper

Dr. A.P.J. Abdul Kalam University

Bachelor of Business Administration

First Semester Main Examination, Dec-2020


Time: 3:00 Hrs Max Marks 80

Note : Attempt any five question out of seven.

All question carry equal marks.

Q.1 Define economics. Explain the scope of economics.

Q.2 Explain the Law of Diminishing marginal utility. What are the

difficulties of its application in real life?

Q.3 Explain the relationship between Total Utility and Marginal Utility.

Using table and diagram.

Q.4 Define elasticity of supply. What are the various categories of

elasticity of supply?

Q.5 How will you define economies of scale? What are the sources of

internal and external economies?

Q.6 Examine critically the profit maximization hypothesis. What are the

alternative objectives of business firms?

Q.7 What problems do the depreciation and capital gains cause in

measuring profit? What are the methods of resolving the problems?

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