CODE NO: R9-12/MBA
JAWAHARLAL NEHRU TECHNOLOGICAL UNIVERSITY HYDERABAD
MBA-I Semester Regular Examinations February -2010
MANAGERIAL ECONOMICS
Time:3hours Max.Marks:60
Answer any Five questions
All questions carry equal marks
- - -JAWAHARLAL NEHRU TECHNOLOGICAL UNIVERSITY HYDERABAD
MBA-I Semester Regular Examinations February -2010
MANAGERIAL ECONOMICS
Time:3hours Max.Marks:60
Answer any Five questions
All questions carry equal marks
1. Define managerial economics, its relationship with other areas and specify the
role of managerial economist
2. Examine the firm objectives and explain the managerial theories of firm
3. What are the fundamental concepts of managerial economics and discuss in detail
about marginalism
4. State the law of demand, how would you explain it with substitution effect and
income effect? Are there any exceptions to this law?
5. What are increasing returns to scale? Show them on an isoquant map; explain the
causes of increasing returns to scale.
6. Derive long-run total cost curve form expansion path. How are average cost curve
and marginal cost curve derived from total cost curve.
7. What is meant by pricing, explain different pricing strategies in the markets?
8. Explain CVP analysis, how it support for managerial decisions
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