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MS-9 June , 2007
MS-9 : Managerial economics
1.Differentiate between 5 types of rnarket using the following characteristics :
(a) Number of independent sellers
b) seller concentration
MS-9 June , 2008
MS-9 : Managerial economics
1. Explain why the average cost curve is U-shaped. The long run average cost curve is always an envelope of short run average cost curves. Discuss.
2. Explain the equilibrium of a firm by using the marginal cost and marginal revenue curves. Why is the firm under perfect competition described as a price taker ?
3. Explain break-even analysis on the basis of its concept, use, drawbacks and advantages.
MS-9 June , 2010
MS-9 : Managerial economics
1. (a) Discuss the Laws of Returns to scale and describe the three stages of returns to
scale.
MS-9 June , 2011
MS-9 : Managerial economics
1. "The opportunity cost of anything is the return that can be had from the next best
alternative use". Elucidate the statement with reference to the opportunity cost principle
applied in agricultural sector.
MS-9 Dec, 2007
MS-9 : Managerial economics
1. What is the basic objective of a firm ? Distinguish between 'Accounting Profit and 'Economic Profit' with the help of an illustration.
2. What do you understand by demand forecasting while describing the regression method of demand forecasting explain why it is important for the firm to forecast demand
3. Distinguish between the following with the help of illustrations :
MS-9 Dec, 2008
MS-9 : Managerial economics
1. Explain the concept of price elasticity of demand and the relationship between price elasticity, total revenue and marginal revenue
2. Show graphical derivation of MP and AP curves from the total product function. Show also the three stages of production. What economic purpose do the stages
of production serve ?
MS-9 Dec, 2009
MS-9 : Managerial economics
1. Distinguish between profit maximisation and value maximisation giving examples.
2 (a) Briefly explain the concept of price elasticity of demand giving suitable examples.
MS-9 Dec, 2010
MS-9 : Managerial economics
1. (a) Discuss the relation between the average product, marginal product and total product in the short run.
(b) How do these support the application of the law of variable proportion to the firm ? Give example.
2. (a) Why is the long run average cost curve called an "envelope curve" ?
MS-9 Dec, 2011
MS-9 : Managerial economics
1. One of the most significant business and economic trends of the late twentieth century
is the rise of 'global' or 'stateless'. Corporation critically comment on the statement taking examples from the real world firms.
2. (a) Discuss the concept and features of monopolistic competition giving examples.
MS-8 june, 2007
MS-8 : QUANTITATIVE ANALYSIS FOR MANAGERIAL APPLICATIONS
1.Distinguish between decision making under certainty and decision making under uncertainty. Mention certain methods for solving decision problems under uncertainty. Discuss how these methods can be applied to solve decision problems.
2. Use Cramer's rule for a 3 x 3 system of linear equations to solve the following system :
2x - y + 3z =3
MS-8 june, 2008
MS-8 : QUANTITATIVE ANALYSIS FOR MANAGERIAL APPLICATIONS
What factors in modern society contribute to the increasing importance of quantitative approach to management ? List one applicaticn of quantitative techniques in each functional area of management.2. The demand for a certain product is represented by the equation p : 20 + 5q
-q2 where q is the number of units demanded and p is the price per unit. Find marginal revenue function. What is the marginal revenue at q = 2 ?
3 From the frequency distribution, find the standard deviation using the formula fcr the grouped data :
MS-8 june, 2009
MS-8 : QUANTITATIVE ANALYSIS FOR MANAGERIAL APPLICATIONS
1. An analysis of the hourly wages paid to workers in two firms A and B belonging to the same industry gives the following results :
Firm A
Firm B
MS-8 june, 2010
MS-8 : QUANTITATIVE ANALYSIS FOR MANAGERIAL APPLICATIONS
1. A car is purchased for Rs. 300,000. If the depreciation for the first three years is at 10% per annum and for the next two years is at 20% per annum, then calculate the
depreciated value of the car at the end of five years.
2. Units A, B, C of a factory manufacture 25%, 35%, 40% respectively of the total cars.
MS-8 june, 2011
MS-8 : QUANTITATIVE ANALYSIS FOR MANAGERIAL APPLICATIONS
You are given the frequency distribution of 292 workers of a factory according to their average weekly income. Calculate quartile deviation and its coefficient from the following data :
Weekly Income
(Rs.)
MS-8 Dec, 2007
MS-8 : QUANTITATIVE ANALYSIS FOR MANAGERIAL APPLICATIONS
1. Distinguish between decision making under certainty and decision making under uncertainty. Mention certain methods for solving decision problems under uncertainty. Discuss how these methods can be applied to solve decision problems.
2. Use Cramer's rule for a 3 x 3 system of linear equations to solve the following system :
2x - y + 3z = -3
MS-8 Dec, 2008
MS-8 : QUANTITATIVE ANALYSIS FOR MANAGERIAL APPLICATIONS
l. Explain Hypothesis testing. What are the steps involved in hypothesis testing ? Discuss the two types of .errors in testing of hypothesis
2. A telephone company in a town has 1000 subscribers on its list and collects a fixed charge of Rs. 400 per subscriber per year. The company proposes to increase the annual subscription and it is believed that for every increase of Re.1one subscriber will discontinue the service. Find what increase will bring maximum revenue to the company.
3. A husband and wife appear in an interview for two vacancies in the same post. The probability of husband's selection is 1/7 and that of wife's selection is l/5. What is the probability that
MS-8 Dec, 2009
MS-8 : QUANTITATIVE ANALYSIS FOR MANAGERIAL APPLICATIONS
1.The following data describes the age at which employees reach to the level of 'senior manager in a multinational company
Age in years
Below 34.5
MS-8 Dec, 2010
MS-8 : QUANTITATIVE ANALYSIS FOR MANAGERIAL APPLICATIONS
MS-8 Dec, 2011
MS-8 : QUANTITATIVE ANALYSIS FOR MANAGERIAL APPLICATIONS
1. What do you understand by a continuous frequency distribution ? Explain various terms that are frequently used in a frequency distribution. Also highlight the difference in inclusive and exclusive methods of classes.
2. Consider the following matrix of transition
probabilities of a product available in the market
MS-7 june, 2007
MS-7 : INFORMATION SYSTEMS FOR MANAGERS
1. (a) Define Information Technology. Describe various types of information systems. Give example of each type of information system in order to differentiate Between them.
(b) What is an Operating System ? Describe various activities performed by a typical operating system.
