Description
1ST SEM NMIMS DEC 2019 SOLVED ASSIGNMENTS
Assignment Solutions, Case study Answer sheets
Project Report and Thesis contact
[email protected]
www.mbacasestudyanswers.com
ARAVIND – 09901366442 – 09902787224
4TH SEM NMIMS DEC 2019 SOLVED ASSIGNMENTS
Business Economics
1. Calculate the following: (10 Marks)
Quantity Total Fixed Cost Total Variable Cost Total Cost Average Cost Marginal Cost
25 10 18 ? ? ?
26 10 20 ? ? ?
27 10 21 ? ? ?
2. “Determinant of demand are the important factor which influences the decision of the consumers to purchase commodity or a service” With respect to the above statement discuss any 5 determinants of the individual demand. (10 Marks)
3RD SEM NMIMS DEC 2019 SOLVED ASSIGNMENTS
3 a. Suppose the monthly income of an individual increases from Rs. 10,000 to Rs. 15,000 which increases his demand for clothes from 20 units to 25 units. Calculate the income elasticity of demand and interpret the result. (5 Marks)
b. Quantity demanded for tea has increased from 100 to 160 units with an increase in the price of the coffee powder from Rs. 40 to Rs. 50. Calculate the cross elasticity of demand between tea and coffee and explain the relationship between the goods. (5 Marks)
2ND SEM NMIMS DEC 2019 SOLVED ASSIGNMENTS
Assignment Solutions, Case study Answer sheets
Project Report and Thesis contact
[email protected]
www.mbacasestudyanswers.com
ARAVIND – 09901366442 – 09902787224
4TH SEM NMIMS DEC 2019 SOLVED ASSIGNMENTS
doc_529774421.doc
1ST SEM NMIMS DEC 2019 SOLVED ASSIGNMENTS
Assignment Solutions, Case study Answer sheets
Project Report and Thesis contact
[email protected]
www.mbacasestudyanswers.com
ARAVIND – 09901366442 – 09902787224
4TH SEM NMIMS DEC 2019 SOLVED ASSIGNMENTS
Business Economics
1. Calculate the following: (10 Marks)
Quantity Total Fixed Cost Total Variable Cost Total Cost Average Cost Marginal Cost
25 10 18 ? ? ?
26 10 20 ? ? ?
27 10 21 ? ? ?
2. “Determinant of demand are the important factor which influences the decision of the consumers to purchase commodity or a service” With respect to the above statement discuss any 5 determinants of the individual demand. (10 Marks)
3RD SEM NMIMS DEC 2019 SOLVED ASSIGNMENTS
3 a. Suppose the monthly income of an individual increases from Rs. 10,000 to Rs. 15,000 which increases his demand for clothes from 20 units to 25 units. Calculate the income elasticity of demand and interpret the result. (5 Marks)
b. Quantity demanded for tea has increased from 100 to 160 units with an increase in the price of the coffee powder from Rs. 40 to Rs. 50. Calculate the cross elasticity of demand between tea and coffee and explain the relationship between the goods. (5 Marks)
2ND SEM NMIMS DEC 2019 SOLVED ASSIGNMENTS
Assignment Solutions, Case study Answer sheets
Project Report and Thesis contact
[email protected]
www.mbacasestudyanswers.com
ARAVIND – 09901366442 – 09902787224
4TH SEM NMIMS DEC 2019 SOLVED ASSIGNMENTS
doc_529774421.doc