Business Economics-I Bcom

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WK10

NOVEMBER 2015 60103/BTZ1A/


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Time : Three hours Maximum : 75 marks

PART A — (10  2 = 20 marks)

Answer any TEN questions.

1. Give the wealth definition of economics.


ö£õ¸Î¯¼ß ö\ÀÁ® £ØÔ¯ C»UPn® u¸P.

2. What is accounting profit?


PnUQ¯À »õ£® Gߣx ¯õx?

3. Define time perspective.


Põ» A®\® Gߣøu Áøμ¯Ö.

4. State the meaning of derived demand.


Á¸ÂUP¨£mh ÷uøÁ Gߣuß ö£õ¸Ò TÖP.

5. Define the term demand function.


÷uøÁa \õº¦ GßÓ £uzøu Áøμ¯Ö.
WK 10

6. What is cross elasticity of demand?


SÖUSz ÷uøÁ ö|QÌa] Gߣx ¯õx?

7. Mention any two properties of indifference curve.


\©÷|õUS ÁøÍ÷Põmiß H÷uÝ® C¸ £s¦PøÍU
SÔ¨¤kP.

8. What is total utility?

ö©õzu £¯ß£õk Gߣx ¯õx?

9. State the meaning of indifference schedule.


\©÷|õUS AmhÁøn Gߣuß ö£õ¸Ò TÖP.

10. Give the meaning of implied cost.


EmQøh¯õÚ ö\»Ä Gߣuß ö£õ¸Ò u¸P.

11. Define social monopoly. Give an example.


\‰P •ØÖ›ø©ø¯ Áøμ¯Ö. Euõμn® u¸P.

12. State the meaning of excess capacity.

ªøP vÓß Gߣuß ö£õ¸Ò TÖP.

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WK 10

PART B — (5  5 = 25 marks)
Answer any FIVE questions.
13. Explain Marshall's welfare concept of economics.
©õºå¼ß |»® £ØÔ¯ ö£õ¸ÍõuõμU P¸zøu
ÂÍUSP.
14. Narrate the concept of efficiency.
ö\¯ÀvÓß GßÓ P¸zvøÚ GkzxøμUP.
15. State the importance of elasticity of demand
concept.
÷uøÁ ö|QÌa] P¸zvß •UQ¯zxÁzøuU TÖP.
16. State and explain the law of demand.
÷uøÁ Âvø¯U TÔ ©ØÖ® ÂÍUSP.
17. Describe the importance of consumer behaviour.
~Pº÷Áõº |hzøu P¸zvß CßÔ¯ø©¯õø©ø¯
ÂÁ›UP.
18. What are internal economies of scale?
AP ÷£μÍÄa ]UPÚ[PÒ ¯õøÁ?
19. Point out the features of perfect competition.
{øÓĨ ÷£õmi°ß C¯À¦PøÍa _miUPõmkP.

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WK 10

PART C — (3  10 = 30 marks)

Answer any THREE questions.

20. State and explain the scope of business economics.


Áõo£¨ ö£õ¸Î¯¼ß ö\¯ö»Àø»ø¯U TÔ
©ØÖ® ÂÍUSP.

21. Narrate the techniques of demand forecasting.


÷uøÁ •ßPo¨¦ ~qUP[PøÍ GkzxøμUP.

22. What are the applications of indifference curve


analysis?
\©÷|õUS ÁøÍ÷Põmk B´Âß £¯ß£õkPÒ
¯õøÁ?

23. Construct break even chart. State its applications.


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TÖP.

24. Discuss the various pricing methods in practice.


|øh•øÓ°À Põn¨£k® Âø»°hÀ •øÓPøÍ
ÂÁõvUP.

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