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BUSINESS ECONOMICS JUNE 2019

Get NMIMS SOLVED ASSIGNMENTS MBA
JUNE 2019 call us at 8510092683 or mail us at

[email protected]

Visit us: www.assignmentsplus.in

BUSINESS ECONOMICS JUNE 2019
NMIMS SOLVED 2019 ASSIGNMENTS
NMIMS MBA ASSIGNMENTS
SOLVED ASSIGNMENTS

Business Economics

1. “In the monopolistic competition, a few firms sell differentiated products” Explain this
statement by highlighting important features of this kind of a market.
Substantiate your answer by a live example. Also explain how the equilibrium in this kind of
a market is different from a long run equilibrium under perfect competition.

2. Complete the hypothetical table below and explain in brief, the behaviour of each type
of cost.

(10 Marks)

Quantity Total Total Total Average Average Average Marginal
Fixed Variable Cost Fixed Variable Total Cost
Cost Cost Cost Cost Cost

0 0

1 25

2 40

3 50

4 60

5 100 80

6 110

7 150

8 300

9 500

10 900

3. a) What are the practical uses of the concept of price elasticity of demand for different
stakeholders in the production process? (5 Marks)
b) Distinguish between the shift and movement in the demand curve.
Explain any five factors which would bring about a shift in the demand curve for Maggie
noodles. (5 Marks)
Get NMIMS SOLVED ASSIGNMENTS MBA
JUNE 2019 call us at 8510092683 or mail us at

[email protected]

Visit us: www.assignmentsplus.in        

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