Description
MS-09 Managerial Economics
Solved Assignment 2021
Course Code : MS-09
Course Title : Managerial Economics
Assignment Code : MS-09/TMA/SEM-I/2021
Coverage : All Blocks
Note : Attempt all the questions and submit to the coordinator of your study centre on or before
30th April, 2021.
| Title Name | MS-09 Solved Assignment 2021 |
| University | IGNOU |
| Service Type | Solved Assignment (Soft copy/PDF) |
| Course | Management Programme |
| Language | ENGLISH |
| Semester | 2021 Course: Management Programme |
| Session | 2021 |
| Short Name | MS-09 |
| Assignment Code | MS-09/TMA/SEM-I/2021 |
| Product | Assignment of Management Programme 2021 (IGNOU) |
| Price |
1. Explain Equi Marginal Principle. Discuss how a rational decision maker would allocate
resources in such a way that the ratio of marginal returns and marginal costs of various uses
is the same?
2. How does market demand curve calculates the total of the quantities demanded by all
individual consumers in the economy or market area?
3. How can Price Elasticity be estimated for many goods and services? Explain the influence of
Price Elasticity on decision making.
4. Explain the Law of Diminishing Marginal Returns. How does the Marginal Product of the
variable input declines when other inputs are kept constant?
5. Describe the characteristics of a perfectly competitive market. Explain giving an example.
6. Write short notes on any two of the following:-
(a) Constrained Optimisation Technique.
(b) Expert opinion
(c) Breakeven Ouput Level
MS-09, MS09, MS 09, MS-9, MS9, MS 9
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