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{\*\generator Msftedit 5.41.21.2510;}\viewkind4\uc1\pard\sa200\sl276\slmult1\lang9\b\f0\fs48 subjective questions are ECO 404......\b0\fs22\par
deffirence between positive and negative externaity (3)\par
difference between finity repeated and infinity repeated games(3)\par
why firm produce more than one products\par
define capital rationing and why the practice of capital rationing are in use\par
define price discrimination give example of situation of price discriminations\par
calculate unknown variations from the data its numerical\par
like this : year sale (y) estimated line of regression \par
1 20 19.5\par
2 18 14.6\par
The paper had 56 MCQs, 4 short Questions of 3 marks each and 4 Short Questions of 5 marks\par
each\'85!!! Total Marks 88\'85!!!\par
Q1. Differentiate between Pure and Differentiated oligopoly? (3 Marks)\par
Q2. Calculate profit Function following data given? (3 Marks)\par
Qd=120-15p and P=20-0.5Q\par
TC=50+3Q\par
Define Investment Opportunity Schedule and Marginal Cost of Capital? (3 Marks)\par
Q3. Average cost/unit of the firm in 2009 was 500 and 460 in 2010. Find Learning Rate? (3\par
Marks)\par
Q4. Write characteristics of Stachelberg Oligopoly model? (5 Marks)\par
Q5. Why forms produce more than one product? (5 Marks)\par
Q6. Data was provided: (5 Marks)\par
Probability Cash Flow\par
Boom 0.25 500\par
Normal .050 400\par
Recession 0.25 300\par
a.) Find Expected Value of Firm?\par
b.) Find Standard Deviation?\par
Q7. Given: Z=f(l,k) + \f1\'eb (c*-Wl+rk) Find Partial Derivative of L,K, \'eb with respect to Z. (5 marks\par
ECO404\par
22 MCQs\par
implicit cost is opportunity cost?? explain with Example....3marks\par
\par
homogenous productionn function ..... 3 marks\par
\par
interpret following Regression Equation...3 marks\par
yt = 9.5 + 3.65Xt\par
yt= sales quanitity\par
Xt = advertising cost\par
\par
Find Production cost of the function...5 \par
P = 430 + 50Q\par
TC = 3000 + 45Q + 0.03Q2(square on Q)\par
\par
another question from production function dnt remembr exactly asking aby he marginal change in \par
Q= f(L,K)....5mark\par
\f0\par
\par
\par
16-Jul-2012\par
Zufi\par
Final paper of Eco404 \par
There were 64 Qz\par
Q: difference between cost of capital and cost of debt? 5marks\par
Q: criticism on william\rquote s managerial utility? 5 marks\par
Q: solve the regration equation St=105.3(1.464)\par
2\par
for the base year 1991 \par
and find for 2011 and 2015? 5 marks\par
Q: Write down the elements of Game theory? 5 Marks\par
Q: describe the flaws of customer Clinic Approach? 3 Marks\par
Q: Difference between replacement and cost reduction investment? 3 \par
Marks\par
Q: Slope of Average cost AC=400Q\par
3\par
+463Q\par
2\par
/Q+12Q+10? 3marks\par
Q: describe the marri\rquote s model? 3 marks\par
MCQz ware easy and 3 to 5 were from midterm.\par
\par
\par
\par
\par
Managerial Economics (ECO404) Final Term Paper Spring 2012 Virtual University\par
1\par
ECO404 Final Paper July 16\par
th\par
, 2012.\par
The paper had 56 MCQs, 4 short Questions of 3 marks each and 4 Short Questions of 5 marks \par
each\'85!!! Total Marks 88\'85!!!\par
Q1. What is Expansion Path and what are the points on Expansion path? (3 Marks)\par
Q2. Differentiate between Centralized Collation and Market Based Collation? (3 \par
Marks)\par
Q3. What is the criticism on Maris Model of growth? (3 Marks)\par
Q4. Differentiate and discuss Risk and Uncertainty? (3 Marks)\par
Q5. Consider the following information of the firm:\par
Total fixed cost = Rs.250\par
Price level = Rs. 15\par
Average variable cost = Rs. 5\par
Target profit level = Rs. 150\par
From this information, calculate the break even level of output and target level \par
of output? (5 Marks)\par
Q6. What are the Assumptions of Neo-Classical Theory? (5 Marks)\par
Q7. Why decision making is complicated in oligopoly as compared to other market \par
structures? Discuss? (5 Marks)\par
Q8. Differentiate Cost of Capital and Cost of Debt? (5 Marks)\par
Solution to Q5.\par
(1) \par
QB = TFC \par
P \endash AVC\par
= 250 \par
15 \endash 5\par
= 25\par
(2)\par
QT = TFC + \u8719?T\par
P \endash AVC\par
= 250 + 150\par
15 - 5\par
= 40 Managerial Economics (ECO404) Final Term Paper Spring 2012 Virtual University\par
2\par
ECO404 Final Paper July 16\par
th\par
, 2012.\par
The paper had 56 MCQs, 4 short Questions of 3 marks each and 4 Short Questions of 5 marks \par
each\'85!!! Total Marks 88\'85!!!\par
Q1. Differentiate between Pure and Differentiated oligopoly? (3 Marks)\par
Q2. Calculate profit Function following data given? (3 Marks)\par
Qd=120-15p and P=20-0.5Q\par
TC=50+3Q\par
Define Investment Opportunity Schedule and Marginal Cost of Capital? (3 Marks)\par
Q3. Average cost/unit of the firm in 2009 was 500 and 460 in 2010. Find Learning Rate? (3 \par
Marks)\par
Q4. Write characteristics of Stachelberg Oligopoly model? (5 Marks)\par
Q5. Why forms produce more than one product? (5 Marks)\par
Q6. Data was provided: (5 Marks)\par
Probability Cash Flow\par
Boom 0.25 500\par
Normal .050 400\par
Recession 0.25 300\par
a.) Find Expected Value of Firm?\par
b.) Find Standard Deviation?\par
Q7.Given: Z=f(l,k) + \f1\'eb (c*-Wl+rk) Find Partial Derivative of L,K, \'eb with respect to Z. (5 \par
Marks)\f0\par
}