Course Code : MS-9 Course Title: Managerial Economics Assignment No.: MS-9/TMA/SEM-II/2020 1. Discuss the three choice problems as a central issue of an economy. 2. Distinguish between the three important sources of data used in forecasting:- (a) Expert Opinion (b) Surveys (c) Market experiments 3. Briefly analyze the behavior of cost functions in the short run. 4. Explain the classification of markets based on their characteristics 5. What is Price Discrimination? Explain first, second and third degree price discrimination. 6. Write short notes on the following: (a) Managerial Economics and other disciplines (b) Arc Price Elasticity (c) Economies and Diseconomies of Scale

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Course Code : MS-9
Course Title: Managerial Economics
Assignment No.: MS-9/TMA/SEM-II/2020
1. Discuss the three choice problems as a central issue of an economy.
2. Distinguish between the three important sources of data used in forecasting:-
(a) Expert Opinion
(b) Surveys
(c) Market experiments
3. Briefly analyze the behavior of cost functions in the short run.
4. Explain the classification of markets based on their characteristics
5. What is Price Discrimination? Explain first, second and third degree price
discrimination.
6. Write short notes on the following:
(a) Managerial Economics and other disciplines
(b) Arc Price Elasticity
(c) Economies and Diseconomies of Scale