271
                               MCOM-06
                      June - Examination 2016
                   M. Com (Final) Examination
                       Managerial Economics
                          Paper - MCOM-06
       Time : 3 Hours ]                            [ Max. Marks :- 80
       Note:  The question paper is divided into three sections A, B and C. 
              Write answers as per the given instructions.
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              IÊS> ‘| {XE JE {ZX}emZwgma àíZm| H$m CÎma Xr{OE&
                                 Section - A                8 × 2 = 16
                       (Very Short Answer Questions)
       Note:   Answer all questions. As per the nature of the nature of 
               question limit your answer in one word, one sentence or 
               maximum up to 30 words. Each question carries 2 marks.
                                 IÊS> - "A'
                            (A{V bKw CÎmar¶ àíZ)
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              H$s{OE& à˶oH$ àíZ Xmo A§H$m| H$m h¡&
       MCOM-06 / 600 / 5             (1)                       (P.T.O.)
                                                             271
           1)      (i)    Mention any two important characteristics of Managerial 
                          Economics.
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                          H$s{OE&
           	       (ii)	  Mention	any	two	important	factors	which	influence	the	
                          investment.
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                   (iii)  What is Giffen Paradok?
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                   (iv)  What  is  the  another  name  of  short-term  production 
                          function?
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                   (v)  Mention two reasons for doing the exercise of demand 
                          forecasting.
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                   (vi)  Explain  the  two  most  important  characteristics  of 
                          monopoly.
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                   (vii) Explain the two important characteristics of Fixed Costs.
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                   (viii) What is Arc Elasticity of Demand?
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           MCOM-06 / 600 / 5                                  (2)                                         (Contd.)
                                     271
                                 Section - B                4 × 8 = 32
                          (Short Answer Questions)
       Note:   Answer  any  four  questions.  Each  answer  should  not 
               exceed 200 words. Each question carries 8 marks.
                                 (IÊS> - ~)
                              (bKw CÎmar¶ àíZ)
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              Zht hmoZm Mm{hE& à˶oH$ àíZ 8 A§H$ H$m h¡&
       2)  Explain  the  relationship  between  Average  Total  Cost  and 
           Marginal Cost with the help of illustration and diagram.
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       3)  Explain the types of Elasticity of Demand.
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       4)	 Examine	the	uncertainty	Bearing	Theory	of	profit.
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       5)  Explain the different phases of Trade Cycle.
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       6)  Explain the key characteristics of National Income.
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       7)  What are the essential  conditions  for  price  discrimination? 
           Explain. 
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       MCOM-06 / 600 / 5             (3)                       (P.T.O.)
                                            271
        8)   Explain the law of demand with the help of illustration and 
             diagram.
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        9)   Throw light on the key characteristics of Managerial Economics.
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                                       Section - C                     2 × 16 = 32
                               (Long Answer Questions)
        Note:      Answer  any  two  questions.  Your  answer  should  not 
                   exceed 500 words. Each question carries 16 marks.
                                        (IÊS> - g)
                                    (XrK© CÎmar¶ àíZ)
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        10)  How is price and output determined under the monopoly in short 
             and long-run? Support your answer with suitable diagrams.
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        11)  Explain the determinants of demand for a consumer good with 
             the help of illustrations.
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        12)  Examine critically the Keynesian Theory of Employment.
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        MCOM-06 / 600 / 5                    (4)                            (Contd.)