Amity MBA Solve Assignment For Economic For Manager |
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University | Amity |
Service Type | Assignment |
Course | MBA |
Semester | Semester-I |
Short Name or Subject Code | |
Product | MBA of Assignment (Amity) |
Pattern | Section A,B,C Wise |
Price |
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Section A
Qns 1;-What are the various factors which may influence the demand for intermediate goods like cables? Explain the most appropriate method of forecasting the demand for such an item.
Section B:-
CASE STUDY
In early 1991, there was a sharp increase in the price of newsprint, the paper used by the newspapers. Since newsprint is the largest expense for India newspapers (after salaries) publishers were concerned about the price hike. Suppose that the demand for newsprint can be represented as follows:
Qi = 17-3 -- 0-0092 p +0-0067
Where Q. equals the quantity demanded (in kilograms per capital), P is the price of newsprint (in Rs. per metric ton) and I is the income per capita (in Rs.),
Question
Q1. If there are 1 million people in the market, and if per capita income equals Rs. 10,000 what is the demand curve for newsprint?
Q 2. Under these circumstances, what is the price elasticity of demand if the price of newsprint equals Rs. 400 per metric ton?
Q3. According to a study, the demand curve for newsprint in India is:
Q2 = 2672 -- 0-51 p
Where, Q2 is the number of metrix tons of newsprint demanded (in thousand). What is the price elasticity of demand for newsprint in India if price equals Rs. 500 per metric ton?
Section C (MCQ)
QUESTION 1
If demand is ___________ then price cuts will __________ spending
QUESTION 2
Positive cross-elasticities suggest that goods are _________ and negative cross-elasticities that goods are __________
QUESTION 3
A measurement showing how quantity demanded varies with income is the
QUESTION 4
Inferior goods have ___________ and luxury goods have ____________
QUESTION 5
"If your income doubles and the prices of the goods you buy double, then your demand for these goods will likely ________"
QUESTION 6
The income effect of a price increase of a normal good is to __________ of that good and the substitution effect is to _______ of that good
QUESTION 7
The opportunity cost of a student is
QUESTION 8
Economics assumes that people consume goods and services to achieve
QUESTION 9
The extra utility from consuming one more unit of a good is called
QUESTION 10
Adding up the quantities demanded of a good by different people facing the same price gives us the
QUESTION 11
Firms are assumed to _________ costs and to _________ profits
QUESTION 12
The increase in total cost when one more unit is produced is known as
QUESTION 13
Marginal revenue is the _________ when output is ____________
QUESTION 14
Profits are maximized when _________________
QUESTION 15
If a firm´s wage costs increase this will cause __________ and ________