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Wednesday 4 July 2012

ASSIGNMENTS M.Com General– 1st Semester : For answers contact us at assignmentssolution@gmail.com

ASSIGNMENTS M.Com General– 1st Semester Subject Name: Economics for Managers Subject code: MCC 104 Spring Drive 2012 4 credits (60 marks) (BKID: B1470) Set 1 Answer the following questions. Each question carries 10 marks. 1. Find out the equilibrium quantity from demand function Qd =25-10P and supply function Qs =25P. 2. Write a short note on each of the following: i.Promotional elasticity
ii.Income elasticity of demand 3. Explain the derivation of demand curve. 4. Prices of cars remain ever fluctuating in the Indian car market. However, as Tata motor launched the Nano, some changes occurred due to the price effect. Make a list of these changes and comment on them. 5. What is a budget line? 6. Explain long-run cost-output relations.
ASSIGNMENTS M.Com General– 1st Semester Subject Name: Economics for Managers Subject code: MCC 104 Spring Drive 2012 4 credits (60 marks) (BKID: B1470) Set 2 Answer the following questions. Each question carries 10 marks. 1. Critically analyze Chamberlin’s theory of monopolistic competition giving suitable examples. 2. Discuss the factors that determine the success of penetration price policy. 3. How is national income measured in an ‘open’ economy? 4. What are the assumptions made by the two-sector model? 5. Identify the causes of corruption in India in today’s scenario. How can the country overcome this problem? 6. Do you agree with the traditional theory that assumes profit maximization as the sole objective of a business firm? List your arguments in favour of or against this theory.

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