MCO-021: Managerial Economics – 2023 (M.Com First Semester)

Description

TUTOR MARKED ASSIGNMENT
Course Code : MCO-021
Course Title : Managerial Economics
Assignment Code : MCO-021/TMA/2023
Coverage : All Blocks
Maximum Marks : 100

Attempt all the questions.

Question 1. Compare and contrast microeconomics with macroeconomics. How is managerial economics related to different disciplines? Elaborate.

Question 2. (a) ‘Managerial Economics serves as a link between traditional economics and decision sciences for business decision-making.’ Elucidate.

Question 2. (b) Which problems of an economy constitute the subject matter of microeconomics.

Question 3. (a) What do you mean by opportunity cost? Also explain the concept of the invisible hand.

Question 3. (b) What is bundling? Give examples. Do you think this is anti­-consumer?

Question 4. Suppose a small locality has a single grocery store selling multiple.

a. Is it a monopoly?

b. If yes, then give arguments in support of your answer.

Question 5. A TV company sells colour TV sets at Rs. 15,000 each. Its fixed costs are Rs. 30,000, and its average variable costs are Rs. 10,000 per unit. Find out BEP. Draw its breakeven graph, and then determine its breakeven rate of production.

 

Validity:

These assignments are valid for two admission cycles (July 2023 and January 2023). Validity is given below:

1. Those who are enrolled in January 2023, it is valid upto June 2023 Term End Examination and you must submit assignment to the Coordinator of your study centre latest by 15th March 2023

2. Those who are enrolled in July 2023, it is valid upto December 2023 Term End Examination and you must submit assignment to the Coordinator of your study centre latest by 15th September 2023

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