MMPC-010 · December 2025 · English

IGNOU MMPC-010 December 2025 Previous Year Question Paper

MANAGERIAL ECONOMICS

Structured previous year question paper for MMPC-010, December 2025 session.

Max marks: 100 · Questions: 8

Verified: 11 Sept 2026

MASTER OF BUSINESS

ADMINISTRATION/

M. B. A. (HEALTHCARE AND HOSPITAL

MANAGEMENT) /

M. B. A (LOGISTICS AND SUPPLY

CHAIN MANAGEMENT)/

M. B. A. (CONSTRUCTION

MANAGEMENT)

(MBA/MBAHCHM/MBALSCM/MBACM)

Term-End Examination

December, 2025

MMPC-010 : MANAGERIAL ECONOMICS

Time : 3 Hours Maximum Marks : 100

[ 2 ] MMPC–010

Note : Attempt any five questions. All questions

carry equal marks.

Q1.Describe the following :

(a) The incremental concept

(b) Opportunity cost

(c) The Discounting Principle

(d) The Equi-marginal Principle

Q2.(a) What is price elasticity of demand ? How can we say demand is elastic, inelastic and unitarily elastic ?

(b) What are the determinants of price elasticity ?

Q3.What is a production function ? How does a long-run production function differ from a short-run production function ? Differentiate [ 3 ] MMPC–010 between a technically efficient and economically efficient firm with an example.

Q4.(a) What is short -run cost analysis ? For what type of d ecisions is i t useful ?

(b) What is operating leverage ? Explain with the help of an example.

Q5.Compare and contrast various types of market structures.

Q6.What is oligopolistic competition ? How is price determination done in oligopoly market structure ? Explain kinked demand curve. [ 4 ]

Q7.What is price discrimination ? Discuss various methods of price discrimination with the help of examples.

Q8.What are economie s and diseconomi es of scale ? Distinguish between real and pecuniary economies of scale and reasons for diseconomies of scale.