MMPC-010 Managerial Economics Solved Question Paper June 2022
Course Code: MMPC-010
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 ?
Yes, the IGNOU Solved Previous Year Question Papers provided by reliable sources are generally accurate and adhere to the exam pattern and content.
Solving previous year question papers helps you become familiar with the exam format, identify important topics, and develop effective time management and problem-solving skills, leading to improved performance.
While previous year question papers are an essential part of exam preparation, it is advisable to supplement them with comprehensive study materials, textbooks, and practice tests for a well-rounded approach.
Solving previous year question papers enhances your preparation and boosts confidence, but the final score depends on various factors, including consistent studying, understanding concepts, and effective exam strategy.