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TUTOR MARKED ASSIGNMENT
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COURSE CODE : MCO 021
COURSE TITLE : Managerial Economics
ASSIGNMENT CODE : MCO-021/TMA/2023
COVERAGE : ALL BLOCKS
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Maximum Marks: 100
Attempt all the questions:
1. Compare and contrast microeconomics with macroeconomics. How is managerial economics related to different disciplines? Elaborate.
2. (a) ‘Managerial Economics serves as a link between traditional economics and decision sciences for business decision-making.’ Elucidate.
(b) Which problems of an economy constitute the subject matter of microeconomics.
3. (a) What do you mean by opportunity cost? Also explain the concept of the invisible hand.
(b) What is bundling? Give examples. Do you think this is anti consumer?
4. Suppose a small locality has a single grocery store selling multiple products. a. Is it a monopoly? b. If yes, then give arguments in support of your answer.
5. A TV company sells colour TV sets at `15,000 each. Its fixed costs are `30,000, and its average variable costs are ` 10,000 per unit. Find out BEP. Draw its breakeven graph, and then determine its breakeven rate of production.
MCO21, MCO 21 ENGLISH MEDIUM
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