Free IGNOU MMPC-010 Important Questions 2025 Download PDF
Free IGNOU MMPC-010 Important
Questions JUNE 2025 Download Pdf, IGNOU MMPC-010
Managerial Economics Important Questions Completed
Important Questions for the current session of the MBA Program for the years
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Free IGNOU MMPC-010 Important
Questions 2025 Download Pdf Managerial Economics Important Questions With Answers Download Pdf A
thorough examination of India's foreign policy is covered in the Master of
Business Administration (MBA) program at IGNOU under the course code MMPC-010 Important
facets of India's foreign policy, ties with other world powers, and
international relations are covered in this course. The most crucial MMPC-010 questions
are listed below, along with their solutions, to help students study for the
test.
Free IGNOU MMPC-010 Important Questions 2025
Download Pdf
Section I
1.
Define managerial
economics. Discuss its nature and scope.
2.
Explain the
concept of profit maximization. How is it achieved under perfect competition in
the long run?
3.
Differentiate
between the firm's demand curve and the market demand curve.
4.
What are the
major approaches to demand measurement? Explain each briefly.
5.
Describe the
production function with two variable inputs. How does it relate to the law of
variable proportions?
6.
Discuss the
various cost concepts used in managerial decision-making. Provide examples for
each.
7.
Explain the
differences between economies of scale and economies of scope. Illustrate with
examples.
8.
What are the
characteristics of perfect competition? How is equilibrium output and price
determined under perfect competition in the long run?
9.
Define
monopolistic competition. Explain price and output determination under
monopolistic competition in the short run.
10.
Discuss the
concept of oligopoly. What are the key features that distinguish it from other
market structures?
Section II
1.
Explain the concept of game theory.
How does it apply to strategic decision-making in oligopolistic markets?
2.
What is price discrimination?
Discuss its types and conditions necessary for its practice.
3.
Describe the concept of elasticity
of demand. How does it influence pricing and production decisions?
4.
Explain the significance of marginal
analysis in managerial decision-making. Provide examples.
5.
Discuss the role of managerial
economics in formulating business strategies.
6.
How does the concept of opportunity
cost influence managerial decisions?
7.
Explain the relationship between
average cost and marginal cost. How does this relationship affect production
decisions?
8.
What are the various methods of
demand forecasting? Discuss their advantages and limitations.
9.
Discuss the impact of government
policies on business decisions. Provide examples of such policies.
10.
How do externalities affect market
outcomes? Discuss possible remedies to address negative externalities.
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