MCO-021 COURSE TITLE : MANAGERIAL ECONOMICS (2022-23) ENGLISH

TUTOR MARKED ASSIGNMENT
COURSE CODE : MCO-021
COURSE TITLE : MANAGERIAL ECONOMICS
ASSIGNMENT CODE : MCO-021/TMA/2022
COVERAGE : ALL BLOCKS
Maximum Marks: 100
Attempt all the questions:
1.
“The Equi-Marginal Principle can be applied to both consumption as well as production.” Discuss this statement with the help of an example.
(20)
2.
(a) Explain the demand function for a particular product.
(b) Differentiate between individual and market demand curve.
(10+10)
3.
“An analytical tool frequently employed by managerial economists is the break even chart which is an important application of cost functions.” Explain this statement.
(20)
4.
Oligopoly is the most prevalent form of market structure in the manufacturing sector. Explain with the help of an example.
(20)
5.
Write short notes on the following:
(a) Price Discrimination
(b) Bundling
(c) Time-series analysis
(20