Model Question Paper For Sikkim Manipal University+MBA

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I want the model question paper of Managerial Economics of MBA of Sikkim Manipal University SMU so can you please provide me?

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I am providing you the question paper of Managerial Economics of MBA of Sikkim Manipal University SMU

SMU MBA Managerial Economics question paper

Part A-

Q. 1 Startegy in which the firm charges low price
as compared already existing firms it is called
A) a.Penetration Strategy
B) b.skimming strategy
C) c.Approach strategy
D) d.Pricing strategy

Q. 2 The inverse relationship between price &
quantity demanded is
A) Law of Demand
B) Law of supply
C) Law of System
D) Law of Nature

Q. 3 Law of _____ is an old economic principle,
which was the first redefined version of Marshall
A) Variable Proportion
B) Return to Scale
C) Economies of Scale
D) None of the above

Q. 4 Payment which is made in excess of what is
required to retain an employee in the
organisation is
A) a.Low payment
B) b.less payment
C) Slack Payment
D) d.Down payment

Q. 5 Tax on airline tickets are _____ tax
A) Indirect
B) Lump Sum
C) Ad Valorem
D) Value Added

Q. 6 When the degree of price rise is not more
than 3% and not at all dangerous, the inflation is
said to be _____
A) Creeping
B) Walking
C) Running
D) Galloping

Q. 7 The process which tells how much the
demand will change with the change in price to
demand is
A) Pattern of Demand
B) Elasticity of Demand Ans
C) Point elasticity of Demand
D) Ratio Elasticity

Q. 8 _____ firm will prefer to go for sales
maximization via increase in advertisement
rather than a price
A) Oligopolistic
B) Monopolistic
C) Commercial
D) All of the above

Q. 9 In the law of demands, factors such as
income, taste, fashion and preference etc., are
_____
A) Variable
B) Constant
C) Either A) or B)
D) None of the above

Q. 10 When the supply decreases due to cjange in
factors other than price it is called
A) Increase in Supply
B) Decrease in Supply ans
C) Change in Supply
D) Increase in supply


Part B-

Q. 1 State the True points with regards to Supply
1. Supply refers to various quantities of goods,
which a seller is willing and able to sell at a
different price in a given market at a particular
time, other things remaining constant
2. Su
A) 1-T, 2-T
B) 1-T, 2-F
C) 1-F, 2-T
D) 1-F, 2-F

Q. 2 The correct formula for Short Run Average
Total Cost is _____
A) SATC = TFC / Q
B) SATC = TVC / Q
C) SATC = SAVC + SAFC
D) SATC = SAVC - SAFC

Q. 3 The bases for Product Differentiation are:
1. Characteristic of the product
2. Condition surrounding the service of the
product
3. Condition surrounding the sales of the product
A) 1 and 2
B) 2 and 3
C) 1 and 3
D) 1, 2 and 3

Q. 4 The two types of pricing in the pioneering
stages are:
A) Skimming price and Low penetration pricing
B) Skimming price and High penetration pricing
C) Cost-plus pricing and Low penetration pricing
D) Cost-plus pricing and High penetration pricing

Q. 5 The phases of Business Cycle are:
1. Expansion
2. Contraction
3. Recession
4. Revival or Recovery
A) 1 and 2
B) 3 and 4
C) 1, 2 and 3
D) 1, 2, 3 and 4


Part C-

Q. 1 The Survey Methods of Demand Forecasting
are:
1. Experts Opinion Survey
2. Consumers Interview
3. Trend Method
4. Regression Method
5. Leading Indicator
6. Simulation Equation
A) 1, 2, 3, 4
B) 3, 4, 5, 6
C) 1, 2, 5, 6
D) All of the above

Q. 2 The different types of goals of a firm are:
1. Supply goal
2. Inventory goal
3. Sales goal
4. Markets share goal
5. Profit goal
A) 1, 2, 3 and 5
B) 2, 3, 4 and 5
C) 1, 3, 4 and 5
D) 1, 2, 3, 4 and 5

Q. 3 Exceptions to the Law of Supply are:
1. To clear the stock the seller may sell even
when the prices are low, but it usually happens in
the short run
2. Change in technology affects the cost of
production and the supply is influenced in
A) 1 and 3
B) 1, 3 and 4
C) 2 and 4
D) 1, 2, 3 and 4

Q. 4 The different types of Cost are:
1. Opportunity cost
2. Explicit and Implicit cost
3. Sunk, incremental cost and marginal cost
4. Direct and Indirect cost
5. Fixed and Variable cost
A) 1, 2, 3, 4
B) 1, 2, 3, 5
C) 1, 3, 4, 5
D) 1, 2, 3, 4, 5

Q. 5 Decisions that a manager need to take can
be classified into:
1. Decision relating to demand
2. Decision related to cost
3. Decision relating to price
4. Decision relating to profit management
5. Macro economic factor
A) 1, 2, 3, 4
B) 1, 2, 3, 4
C) 1, 3, 4, 5
D) 1, 2, 3, 4, 5

Contact-

Sikkim Manipal University
5th Mile, Tadong, Gangtok, Sikkim 737102