MMPC-010 · June 2022 · English
IGNOU MMPC-010 June 2022 Previous Year Question Paper
MANAGERIAL ECONOMICS
Structured previous year question paper for MMPC-010, June 2022 session.
Max marks: 100 · Questions: 8
Verified: 11 Sept 2026
MASTER OF BUSINESS
ADMINISTRATION (MBA)
Term-End Examination
June, 2022
MMPC-010 : MANAGERIAL ECONOMICS
Time : Three Hours Maximum Marks : 100
Note : Attempt any five questions. All questions
carry equal marks.
Q1.Briefly discuss the nature and scope of Managerial Economics.
Q2.How is profit maximisation an objective of the firm ? Explain.
Q3.Explain the difference between firm’s demand curve and market demand curve.
Q4.What are the major approaches to demand measurement ?
Q5.Briefly explain production function with two variable inputs.
Q6.What are the cost concepts frequently used in the managerial decision -making process ? Briefly discuss.
Q7.How does economies of scale differ from economies of scope ? Explain with examples.
Q8.Explain the characteristics of Perfect Competition. How is equilibrium output and price determined under perfect competition in the long-run ?