Set No. 1
Code No: V3101/R07
III B.Tech I Semester Supplementary Examinations, May 2010 MANAGERIAL ECONOMICS AND FINANCIAL ANALYSIS ( Common to Civil Engineering, Mechanical Engineering, Electronics & Communication Engineering, Electronics & Computer Engineering, Instrumentation & Control Engineering and Bio-Technology) Time: 3 hours Max Marks: 80 Answer any FIVE Questions All Questions carry equal marks ????? 1. Write briefly on the following:
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(a) Giffin’s paradox
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(b) Demand schedule (c) Income effect (d) Joint demand
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2. What are the needs for demand forecasting. Explain the various steps involved in demand forecasting. [16]
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3. (a) What is a production function and explain its importance. (b) Briefly explain Cobb-Douglas production function and its significance. [8+8]
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4. ‘A competitor under conditions of perfect competition is only price taker and quantity adjustor’ - In the light of the above statement, discuss clearly the important features of perfect competition and how price output decisions can be taken. [16]
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5. (a) Analayse the formation of a Joint Stock Company. (b) What are the different types of companies?
[8+8]
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6. Explain different types of working capital.
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7. The following are the closing balances extracted from the books of Bhargav for the year ending 31st December 2004 with the help of which prepare Trading Account, Profit and Loss A/c and Balance Sheet. [16] Debit balances Opening stock Purchases Carriage Drawings Investments Debtors Cash Printing charges Wages
Rs. 6,050 9,030 220 450 3,800 2,500 1,350 1,200 1,100 25,700 1 of 2
Credit Balances Sales Purchases returns Capital Creditors Discounts received Mortgage loan
Rs. 13,720 130 3,000 4,500 350 4,000
25,700