COURSE
CODE: MS-9
COURSE
TITLE: MANAGERIAL ECONOMICS
ASSIGNMENT
CODE: MS-9/TMA/SEM-II/2015
Question 1: “The
traditional objective of the firm has been profit maximization. It is still
regarded as the most common and theoretically the most plausible objective of
business firms.” Discuss.
Question 2: With
reference to the marketing approach of demand measurement explain any two
important sources of data used in demand forecasting.
Question 3:
Given the total cost function: C=16q2 + 10q+36 (where q is the output)
Find: (i) values
of q for which ATC is falling, and
(ii) values of q
for which ATC is rising.
Question 4: “A
Tata Sky Direct - to - Home (DTH) service provider charges a base fee for
booking into its system and then charges extra for base packs, add-on packs,
active packs and special packs.” Explain this statement in terms of the Two-
Part Tariffs used as pricing strategy by the company.
Question 5:
Explain the profit maximizing output for a perfectly competitive firm in the
long run.
Question 6:
Write short notes on the following:
(a) Breakeven
output level
(b) Marginal
rate of technical substitution
(c) Average
variable cost
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