File Details:

Questions:

1. Define the concept of Managerial Economics.
2. Critically examine the Law of Demand.
3. Describe the main features of Imperfect Competition.
4. Explain Normal Profit and Super Profit.
5. Explain the concept of Inflation.
6. Discuss the price-output determination under Monopoly.
7. Explain the types of Inflation.
8. What is the importance of Demand Analysis for sales management of a firm?
9. Discuss the nature and scope of Managerial Economics. How does it differ from Traditional Economics?
10. Profit is payment for uncertainty bearing. Discuss.
11. Estimate the business expenditure on new plant and equipment for the year 2015 by the method of least squares.
12. How is price determined under Perfect Competition?
13. Inflation is an excess of demand of anything over the supply of everything. Discuss this statement and analyze the factors that result in inflation.