Supply and Demand

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ME Assignments, TERM-1
➢ LAST DATE OF SUBMISSION- 20.09.12

Roll no.Questions 12DM0011.If the market demand curve is given by QD=15-8P and the market supply curve QS=2P,find the equilibrium price & quantity graphically& mathematically.2.Suppose the technology to manufacture computers improves but due to some recession in the economy ,the income of the consumer falls.Assuming computers to be normal good, what will be the equilibriumprice & quantity for computers in this case? 0021. Managerial economics helps in decision making in the framework of uncertainty & scarcity of resources. Discuss the statement & elaborate with an example.2.Identify an industry of your choices & select a company within that industry; compare the performance of that company with that of the industry over the past five years. Then explain the relationship betweenmicro & macro economics. You may also include performance of economy to further extend the analysis. 0031.Segregation of ownership from management works against the objective of profit maximization .Do u agree with this statement?Why? Or why not?2.On a critical note which one among the theories on objectives ofa firm do u think is the most relevant in present business scenarioin India? 0041.You have been recently promoted as general manager sales of a multinational company producing various consumer goods.As partof ur responsibilities u have been given a target of increasing market share.But the board of directors wants high profits.Whereaslooking at competition u know that price reduction is necessary to increase demand .What will u do?2.Define demand & describe its determinants with suitable examples. 0051.What are the factors that cause the demand curve to shift?Illustrategraphically.2.Suppose there is a sudden increase in preference for chocolates.Butthe cost of production rises due to rise in the price of milk.Use demand supply model,to determine what happens to the equilibrium price &quantity in this case. 0061.If the market demand curve is given by QD=15-8P and the market supply curve QS=2P,find the equilibrium price & quantity graphically& mathematically.2.Suppose the technology to manufacture computers improves but due to some recession in the economy ,the income of the consumer falls.Assuming computers to be normal good,what will be the equilibriumprice & quantity for computers in this case? 0071. What is managerial economics? How does it differ from economics?Also discuss the nature and scope of managerial economics.2. .”Managerial economics is the integration of economic theory with business practice for the purpose of facilitating decision making & forward planning by management”. Explain . 0081. Managerial economics helps in decision making in the framework of uncertainty & scarcity of resources. Discuss the statement & elaborate with an example.2.Identify an industry of your choices & select a company within that industry; compare the performance of that company with that of the industry over the past five years. Then explain the relationship betweenmicro & macro economics. You may also include performance of economy to further extend the analysis. 0091.Segregation of ownership from management works against the objective of profit maximization .Do u agree with this statement?Why? Or why not?2.On a critical note which one among the theories on objectives ofa firm do u think is the most relevant in present business scenarioin India? 0101.U have been recently promoted as general manager sales of a multinational company producing various consumer goods. As partof ur responsibilities u have been given a target of increasing market...
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