microeconomics for business TU Board 2081 Question Paper – BBS Year 1

microeconomics for business TU Board 2081 question paper

19 questions · 19 with worked answersSit this paper (timed)

Tribhuvan University

Bachelor of Business Studies

Year 1 · TU Board 2081

Course Title: microeconomics for business

Full Marks: 100Pass Marks: 35Time: 3 hrs

Candidates are required to give their answers in their own words as far as practicable. The figures in the margin indicate full marks.

Group A

Brief Answer Questions(10 × 2 = 20)

1.
Business economics is normative in character. Why?

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2
2.
How is price elasticity of supply computed by arc method?

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2
3.
Write any two examples of explicit costs.

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2
4.
How is economies of scope measured?

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2
5.
Write any four assumptions of indifference curve.

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2
6.
Let $Q = 14 L + 7 L^{2} - L^{3}$ . Compute $V M P_{L}$ at $P = Rs 10$ and $L = 5$ units.

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2
7.
Prepare a list of uses of price elasticity of demand in taking business decisions.

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2
8.
What are the causes for the operation of law of increasing returns to scale?

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2
9.
Write the formula for pricing the product under cost - plus pricing.

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2
10.
Let, $e X Y = 4$ and $e A B = - 0.8$ . Describe the nature of goods X and Y and goods A and B.

GROUP: B | Descriptive Answer Questions | 5 × 10 = 50

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2

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