JAWAHARLAL NEHRU TECHNOLOGICAL UNIVERSITY HYDERABAD
JAWAHARLAL NEHRU TECHNOLOGICAL UNIVERSITY HYDERABAD B.Tech II MANAGERIAL ECONOMICS AND FINANCIAL ANALYSIS Previous Question Paper (February - 2024 - R15)
Note: i) Question paper consists of Part A, Part B. ii) Part A is compulsory, which carries 25 marks. In Part A, answer all questions. iii) In Part B, Answer any one question from each unit. Each question carries 10 marks and may have a, b as sub questions.
Part A
State law of diminishing marginal utility.
Answer
The law of diminishing marginal utility states that as a consumer consumes additional units of a specific commodity, the marginal utility derived from each successive unit decreases, assuming other factors remain constant.
What are Giffen goods?
Answer
Giffen goods are inferior goods for which the quantity demanded increases as the price rises. This phenomenon violates the law of demand because the negative income effect of a price increase outweighs the substitution effect, leading consumers to purchase more of the good as their purchasing power effectively declines.
What are semi-variable, semi-fixed costs?
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What are assumptions of Break-even analysis?
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What is duopoly?
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What is monopolistic competition?
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Define Profitability Index.
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How do you calculate Accounting Rate of Return?
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What is real account?
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What is inventory turnover ratio? What are the implications of high and low inventory turnover ratios?
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Part B
Briefly explain moving average method of demand forecasting.
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Bring out the relevance and importance of Managerial Economics.
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A number of empirical studies of automobile demand in a country have observed that the price elasticity is approximately –1.2 and the income elasticity is + 2.8. The current sales amount to 8 lakh units. If the price rises by 10% and income rises 5% next year, how many cars are expected to be sold?
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What is a demand schedule?
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What are the internal and external economies of scale?
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What is a production function and brief on MRTS with an example?
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During the last period, the sum of average profit and fixed costs for a firm totaled Rs.1,00,000. Unit sales were 10,000. If variable cost per unit was Rs.4 what was the selling price of a unit price output? How much would profit change if the firm produced and sold 11,000 units of output? (Assume average variable cost remains at Rs.4 per unit).
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With examples explain what do you understand by sunk cost.
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What are the features of a perfect competition?
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What is sole proprietorship form of business organization? What are its advantages?
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What are the objectives and methods of pricing?
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What is the economic scenario of our country after liberalization, privatization and globalization initiated in 1991? Briefly state your answer.
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The management of a company has two alternative projects under consideration. Project A requires a capital outlay of Rs. 12,00,000 but project B needs Rs.18,00,000. Both are estimated to provide a cash flow for five years: A Rs.4,00,000 per year and B Rs.5,80,000 per year. The cost of capital is 10%. Show which of the project is preferable from the viewpoint of NPV.
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Brief on sources of raising capital.
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A company is considering two projects with the initial investments of Rs.20 lakhs. The following is the list of estimated cash flows (in Rs. lakhs) after taxes:
Calculate Accounting Rate of Return for both the proposal on Average investment as well as Original investment.
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Calculate pay- back period for the projects and evaluate the proposals.
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State and explain the various accounting concepts.
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Describe the procedure of preparing final accounts.
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From the following data, calculate a) net worth to debt. b) inventory-turnover c) Net profit ratio and d) return on total assets.
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