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Course: Business Economics
Contact No - 9773820734 (WhatsApp)
Mail at – Projectreports94@gmail.com
SEPTEMBER 2019 NMIMS ASSIGNMENTS
Get NMIMS SOLVED ASSIGNMENTS MBA
SEPTEMBER 2019 call us at 9773820734 or

mail us at
projectreports94@gmail.com

1. What is Demand forecasting? Explain different qualitative methods of demand forecasting. State which of the methods described is most suitable for forecasting the demand for “newspaper” and why? (10 Marks)
2. Complete the hypothetical table below and explain in brief, the law of variable proportions. Quantity Total Product Average Product Marginal product 1 10 2 30 3 48 4 56 5 56 6 52 (10 Marks)

3. a. Explain the types of elasticity of demand. Calculate elasticity of demand for the following data. Price of Apple (Rs.) Quantity demanded (KGs) 20 100 21 96 (5 Marks)

3. b. Distinguish between the features of perfect competition and monopolistic competition. Give real world examples of each of these types of markets. (5 Marks)
       

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India, Orissa, Anandapur
Orissa

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liamg@49stropertcejorp.com
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