Question

a)
What is managerial economics? Explain its relation with the other subjects.
b) Explain the concept of supply and its assumptions.
A company budgeted output is 80000 units fixed expenses is Rs.400000/-;
variable expenses per unit is Rs.10/- and selling price per unit is Rs.20/-
calculate BEP and draw the breakeven chart.
) Explain the production function and what are the assumptions in it?
o
What is optimum firm? Explain how differences in efficiency reflect in the
output.
Explain the Marris managerial theory of a firm.
. What is joint stock company? Explain the futures of joint stock company.
) Explain the forms of business organizations.
)"Analysis without interpretation is meaningless and interpretation without
analysis is impossible" discuss.
b) Find out the working capital turnover ratio:
Cash Rs. 10000/-; Bills receivables Rs 50006. Sundry Dahtor. Po 250001​

Answer 1

Answer:

Managerial Economics is economics applied to decision making. It is a special branch of economics, bridging the gap between pure economic theory and managerial practice. Economics has two main branches—micro-economics and macro-economics. Micro-economics: 'Micro' means small.

Answer 2

Explanation:

Lewis Carroll authored the story „Alice in Wonderland‟ to

amuse Alice, a ten year old girl. In the play Alice attended „A

Strange Trial‟. What, according to you, was the strangest

part in the trail and why?