Question 1) Describe the responsibilities of mangers.
Question 2) What are the determinants of demand?
Question 3) Describe the CES Production Function.
Question 4) Explain the economies of scale.
Question 5) Explain the cost-output relationship in the short run.
Question 6) Differentiate between cost control and cost reduction.
Question 7) Describe the features of monopoly.
Question 8) Write down the features of Monopolistic competition.
Question 9) Describe the nature and scope of managerial economics.
Question 10) Explain the demand forecasting for consumer goods and capital goods.
Question 11) Describe the properties and importance of Cobb-Douglas Production Function.
Question 12) Explain the cost volume-profit analysis.
Question 13) Explain the equilibrium of the firm in the short run and long run under monopolistic competition.