MMPC-010 Managerial Economics Solved Question Paper June 2022
Course Code: MMPC-010
|Title Name||MMPC-010 Solved Question Paper June 2022|
|Service Type||Solved Question Paper (Soft copy/PDF)|
|Product||Solved Question Paper (IGNOU)|
MASTER OF BUSINESS
MMPC-010 : MANAGERIAL ECONOMICS
Time : Three Hours Maximum Marks : 100
Note : Attempt any five questions. All questions
carry equal marks.
1. Briefly discuss the nature and scope of
2. How is profit maximisation an objective of the
firm ? Explain.
3. Explain the difference between firm’s demand
curve and market demand curve.
4. What are the major approaches to demand
5. Briefly explain production function with two
6. What are the cost concepts frequently used in
the managerial decision-making process ?
7. How does economies of scale differ from
economies of scope ? Explain with examples.
8. Explain the characteristics of Perfect
Competition. How is equilibrium output and
price determined under perfect competition in
the long-run ?