30-08-2014, 11:21 AM
MANAGERIAL ECONOMICS AND FINANCIAL ANALYSIS
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Define Managerial economics. How is it related to other disciplines?
2. Distinguish between a shift in demand and a movement along a demand curve.
3. What is a production function? What is its role in the analysis of a firm’s production activities?
4. How the demand curve facing a firm in a perfectly competitive market is said to be infinitely?
5. Discuss the Marris managerial theory of firm.
6. What are the phases of business cycle? Explain them in detail.
7. Define sole trader. What are the features, merits and demerits of sole trader?
8. Examine the relationship between solvency, liquidity and profitability
What is managerial economics? Explain the nature and scope of managerial economics
2. The following data is available on the demand for groundnut oil in India:
Year Price(Rs)
Quantity Demanded
(in ‘000 tons)
2001 105 100
2005 120 300
2010 140 700
The above data proves the law of demand wrong. Do you agree? Discuss.
3. Define isoquants. Do isoquants relate to the short run or the long run? How are isoquants
different from indifference curves?
4. What makes the equilibrium output under monopolistic competition less efficient than the
equilibrium output under perfect competition?
5. Explain the significance of Williamson’s managerial theory of firm?
6. What are the phases of business cycle? Explain them in detail