MS09 Solved assignments for IGNOU 2018

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Solved assignments for IGNOU 2018

MS09 – Managerial Economics

Q1. Explain the Opportunity Cost Principle? Substantiate with the help of an example how production possibility reflects opportunity costs?
Q2. How are Demand, Price Elasticity and Revenue determined? Explain Price Elasticity with the help of any particular example of your choice.
Q3. Discuss Economies and Diseconomies of Scale. How is Economies of Scope different from Economies of Scale? Explain.
Q4. Explain “Barriers to Entry” of a firm. Differentiate between legal barriers and natural barriers with the help of any example of your choice.
Q5. Trace the chronology of deregulation of Indian Telecom from 1992 to 2003. Explain the special role played by Telecom Regulatory Authority of India (TRAI).
Q6. Write short notes on any two of the following:-
(a) Decision under risk
(b) Biometric forecasting
(c) Kinked demand curve