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managerial economics
Managerial Economics And Financial Analysis 1st Edition M.S. Bhat, A.V. Rau - Solutions
Explain how the price is determined under conditions of perfect competition. Illustrate this with the help of diagrams.
Explain the role of time factor in the determination of price. Also explain price output determination incase of perfect competition.
How does an individual firm behave under perfect competition. Also explain the firm and the industry equilibrium under perfect competition.?
Explain briefly:(i) Two-part pricing (ii) Block pricing(iii) Commodity bundling (iv) Transfer pricing
Define Market Penetration.
Define Market Skimming.
Define Oligopsony.
Define Oligopoly.
Explain imperfect competition.
Explain perfect competition.
What are the features on which Market structure is based?
Define Market Structures briefly.
How will you classification of Markets?
Define Market.
If sales is 10,000 units and seIling price is Rs 20 per unit, variable cost Rs \0 per unit and fixed cost is Rs. 80,000. Find out BEP in units and in sales revenue. What is the profit earned? What should be the sales per earning a profit of Rs. 60,000.?
Explain and illustrate the following.(a) The law of constant returns.(b) The law of increasing returns.
(a) What are Isocosts and Isoquants? Do they intersect each other?(b) Explain Cobb-Douglas production?
Explain how cost-output relationship helps the entrepreneurs in expansion decisions.
Explain the features of short- run average cost curve and long- run average cost curve.
"Most of the cost concepts are overlapping and repetitive". Do you agree with this statement? Substantiate you answer.
Explain how the short - run influence the costs.
Define cost, Explain the different cost concepts used in the process of cost analysis.
Explain Break-Even Analysis through tabular and graphical manner with numerical presentation
Explain how cost - output relationship helps the enterprise or entrepreneurs in expansion decisions.
Explain the features of short - run average cost curve and long - run average cost curve.
Explain how the short run influences the costs.
Define cost. Explain the different cost concepts used in the process of cost analysis.
"AII costs are variable in the long -run". Explain.
Define and Explain Iso-quants. What are the properties of Iso-quants ? Explain the producer's equilibrium with the help of Iso-quants.
What do you understand by Production Function. How does a producer achieve least cost combination of factors?
Distinguish between(a) Fixed cost and variable cost(b) Explicit and implicit cost(c) Out of pocket cost and book cost .
Explain internal and external economies of larger firm.
Explain the meaning of Demand. What are its features and determinants?
The PV ratio of martrix books ltd, is 40% and the margin of safety is 30%. You are required to work out the BEP and netprofit, if sales volume is Rs 14,000.
Explain the following with reference to production functions.(a)ยท Marginal rate of technical substitution.(b) Variable proportions of factors.
Sales are Rs. I, I 0,000 producing a profit of Rs. 4000 in period -I, sales are Rs 1,15,000 producing a profit of Rs. 12,000 in period -2. Determine the BEP and fixed expenses.
If sales is 10,000 units and selling price is Rs 20 per unit, variable cost Rs. 10 per unit and fixed cost is Rs. 80,000. Find out BEP in units and in sales revenue. What is the profit earned? What should be the sales per earning a profit of Rs. 60,000.?
Explain and illustrate the following.(a) The law of constant returns.(b) The law of increasing returns.
(aY What are Isocosts and Isoquants? Do they intersect each other?(b) Explain Cobb-Douglas production?
Write a short notes on Angle of Insidence and margin of safety.
Write a short notes on Contribution and P. V. Ratio.
Write a short notes on Diseconomies of scale.
Write a short notes on Internal economies.
Write a short notes on Managerial use of production function.
Write a short notes on Iso-q uant.
Write a short notes on Production Function with two variable inputs.12 Write a short notes on Iso-cost.
Write a short notes on Replacement cost.
Write short notes on Out of pocket cost.
Write a short notes on Optimum size.
Write a short notes on Long - run average cost curve.
Write a short notes on Short - run average cost curve.
Write a short notes on Direct and indirect costs.
Write a short notes on Explicit and implicit costs.
Write a short notes on Accounting costs and economic costs.
Write a short notes on Semi - variable costs.
Write a short notes on Opportunity costs.
Explain briefly statistical methods of forecasting.(a) Moving average method (b) Leading indicators method(c) Regression method (d) Trend projection method
Explain briefly(a) Sales force opinion method(c) End lise method(b) Least square method(d) Experts opinion method.
What is impact of substitutes and complements on demand of a product?
What is the criteria for choice of good forecasting method?
What is demand forecasting? Explain briefly various methods of forecasting?
Explain the concept of income elasticity of demand and also its role in business - discllss.
Concept of elasticity is of much practical importance - discuss.
What do you mean by elasticity? What are the factors governing it ?
Illustrate the difference between change in demand and shift in demand.
(a) Explain the various factors that influence the demand for a computer.(b) What is cross elasticity of Demand? Explain.
Define income-elasticity of demand and distinguish its various types. How does incomeelasticity differ from price - elasticity of demand?
What is meant by elasticity of demand? Explain giving a suitable illustration, how elasticity of demand determines the price policy of a firm.
Define the price elasticity of demand. What are the various degrees of price Elasticity?Illustrate graphically.
What is the cross elasticity of demand? Explain.
Calculate the price elasticity of demand QI = 4000 Q2= 5000 PI = Rs 20.P2 = Rs 19.How do you interpret the result?
Explain importance of Demand Forecasting.
Define Statistical Methods.
Brief explain Market Research Method.
Define Demand Estimation.
Define Demand Forecasting.
Define Arc Elasticity.
Define point Elasticity.
What are the factors governing Elasticity of demand?
What is the importance of Elasticity of demand?
Define Advertisement Elasticity of demand.
Define Cross Elasticity of demand.
Define Income Elasticity of demand.
Define Price Elasticity of demand.
What are the types of Elasticity of demand?
Define Elasticity of demand.
Define assumptions of Law of Demand?
Define Contraction in Demand.
Define Extension in Demand.
Define determinants of Demand.
What are the exceptions to the law of Demand?
Define Demand Schedule.
Define the law ofDeminishing Marginal Utility.
Define Law of Demand.
What is meant by Demand Analysis?
What are the concepts of Economics?
What are the concepts of Managerial Economis ?
What is the importance of Managerial Economics?
Managerial economics is the study of the allocation of resources available to the firm or other unit of management among the activities of the unit. Explain.
What is managerial economics? What type of issues come under the preview of managerial economics?
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