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ASSIGNMENT
DRIVE WINTER 2013
PROGRAM MBADS/ MBAFLEX/ MBAHCSN3/ MBAN2/ PGDBAN2
SEMESTER 1
SUBJECT CODE &
NAME
MB0042 – Managerial Economics
BK ID B 1625
CREDIT & MARKS 4 Credits, 60 marks
Q.No Questions Marks Total Marks
1 “Most of the firms spend considerable amounts of money on advertisement”.
Explain advertising elasticity of demand and its practical applications in this
context.
Explanation of advertising elasticity of demand
Explanation of practical applications
4
6
10
2 Explain production function in detail.
Explanation of production function
Types
Uses
2
4
4
10
3 Explain Marris’ Growth Maximisation Model in detail.
Explanation of the model
Constraints
Demerits
4
4
2
10
4 Explain Price –output determination under monopoly.
Explanation
Assumptions
2
8
10
5 “Investment is the second important component of effective demand”. Explain
investment function.
Explanation
Types
Determinants
2
4
4
10
6 Write short notes on:
a) Monetary Policy
b) Physical policy or direct controls
a) Parameters and objectives
b) Instruments and disadvantages
5
5
10
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Note – Answer all questions. Kindly note that answers for 10 marks questions should be
approximately of 400 words. Each question is followed by evaluation scheme.
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