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problem1) Answer all the problems:

(i) List any two responsibilities of a managerial economist.

(ii) What is unitary elastic demand?

(iii) What is direct and indirect cost?

(iv) What do you understand by fiscal deficits?

(v) prepare down any two functions of RBI?

problem2) What is oligopoly and what are its characteristics?

problem3) describe the changing role of commercial Banks?

problem4) Describe the problem while calculating national-income. Also describe the relationship of national income and welfare of people.

problem5) Answer all the problems:

(i) What do you mean by Monopoly.

(ii) What is consumer’s surplus?

(iii) Define law of increasing returns.

(iv) What do you understand by Union Budget?

(v) Mention any two instruments of monetary policy?

problem6) describe managerial economics? Briefly describe its characteristics.

problem7) What are the challenges faced by service sector in India.

problem8) Describe the law of demand. Distinguish between contraction and extension in demand and decrease in demand and increase in demand.

Managerial Economics, Economics

  • Category:- Managerial Economics
  • Reference No.:- M93837

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