SMU MBA Sem 1 Fall 2016 Assignments

1. ASSIGNMENT
DRIVE FALL 2016
PROGRAM Master of Business Administration- MBA
SEMESTER Semester 1
SUBJECT CODE & NAME MBA105 - MANAGERIAL ECONOMICS
BK ID B1625
CREDIT & MARKS 4 Credits, 30 marks
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.
Q.No Questions Marks Total Marks
1
Define Elasticity of Supply? Explain the factors determining Elasticity of Supply?
Definition Elasticity of Supply 3
Factors determining Elasticity of Supply 7 10
2 What is Perfect Competition and also mention the features of Perfect Competition?
Explain the different characteristics of Monopolistic Competition?
Definition of Perfect Competition and its Features 6
Characteristics of Monopolistic Competition 4
3
A cost-schedule is a statement of variations in costs resulting from variations in the levels
of
Output and it shows the response of costs to changes in output. If we represent the
relationship between changes in the level of output and costs of production, we get
different
Types of cost curves in the short run. Define the kinds of cost concepts like TFC, TVC,
TC,
AFC, AVC, AC and MC and its corresponding curves with suitable diagrams for each.
kinds of cost concepts like TFC, TVC, TC, AFC,
AVC, AC and MC and its corresponding curves
7
suitable diagrams 3 10