diffirence between positive and negative externaity (3) (P-298)
difference between finity repeated and infinity repeated games(3) (P-209) why firm produce more than one products define capita rationing and why the practice of capita rationing are in use (P-283) define price discrimination give exampe of situation of price discriminations calculate unknown variations from the data its numerica (P-!88"!9!"!9#) i$e this % year sae (y) estimated ine of regression ! 20 !9&' 2 !8 !(&) 2 nd *!& +ifferentiate between Pure and +ifferentiated oigopoy, (3 -ar$s) (P-!8#) *2& Calculate profit Function foowing data given, (3 -ar$s) (P-!3"98"!!'"2(8) *d.!20-!'p and P.20-0&'* /0.'013* +efine 2nvestment 3pportunity 4chedue and -argina 0ost of 0apita,(3 -ar$s)(P-288) *3& 5vg cost6unit of the firm in 2009 was '00 and ()0 in 20!0& 7ind 8earning 9ate, 3 (P-!2() *(& :rite characteristics of 4tacheberg 3igopoy mode, (' -ar$s) (P-!9() *'& :hy forms produce more than one product, (' -ar$s) (P-22!) *)& +ata was provided% (' -ar$s) Probability Cash Flow P!"#0$ ;oom 0&2' '00 <orma &0'0 (00 9ecession 0&2' 300 a&) 7ind =xpected >aue of 7irm, b&) 7ind 4tandard +eviation, *#& ?iven% @.f("$) 1 A (cB-:1r$) Fin% Partial &erivative of 8"C" A with respect to @& (' mar$s (P-!3) impicit cost is opportunity cost,, expain with =xampe&&&&3mar$s (P-!00) homogenous production function &&&&& 3 mar$s (P-!8') interpret followin' (e'ression Equation&&&3 mar$s (P-(() yt . 9&' 1 3&)'Dt yt. saes Euanitity Dt . advertising cost Fin% Pro%uction cost of the function&&&' (P-2()) P . (30 1 '0* /0 . 3000 1 ('* 1 0&03*2(sEuare on *) another Euestion from production function dnt remembr exacty as$ing aby he )ar'inal chan'e in P!*0+$ *. f(8"C)&&&&'mar$ *% difference between cost of capita and cost of debt, 'mar$s (P-288) *% criticism on wiiamFs manageria utiity, ' mar$s (P-23') *% sove the re'ration equation 4t.!0'&3(!&()() (P-(8) 2 for the base year !99! and find for 20!! and 20!', ' mar$s *% :rite down the eements of ?ame theory, ' -ar$s (P-!99) *% describe the faws of customer 0inic 5pproach, 3 -ar$s (P-3') *% +ifference between repacement and cost reduction investment, 3 (P-2#9) *% Slope of ,vera'e cost 50.(00* (P-23#) 3 1()3* 2 6*1!2*1!0, 3mar$s *% describe the marriFs mode, 3 mar$sn (P-2(!) *!& :hat is =xpansion Path and what are the points on =xpansion path, (3 -ar$s) (P-88) *2& +ifferentiate between 0entraiGed 0oation and -ar$et ;ased 0oation, (3 (P-!9#) *3& :hat is the criticism on -aris -ode of growth, (3 -ar$s) (P-2(!) *(& +ifferentiate and discuss 9is$ and Hncertainty, (3 -ar$s) (P-2)3) *'& 0onsider the foowing information of the firm% /ota fixed cost . 9s&2'0 Price eve . 9s& !' 5verage variabe cost . 9s& ' /arget profit eve . 9s& !'0 7rom this information" calculate the break even level of output an% tar'et level of output, (' -ar$s) (P-83) *)& :hat are the 5ssumptions of <eo-0assica /heory, (' -ar$s) (P-23() *#& :hy decision ma$ing is compicated in oigopoy as compared to other mar$et structures, +iscuss, (' -ar$s) (P-!)!) *8& +ifferentiate 0ost of 0apita and 0ost of +ebt, (' -ar$s) (P-288) 4oution to *'& (!) *; . /70 P I 5>0 . 2'0 !' I ' . 2' (2) */ . /70 1 J/ P I 5>0 . 2'0 1 !'0 *&<o!%- +efine 7initey repeated games K 2nfinitey repeated games -ar$s 3 (P-208) *&<o 2%- briefy describe 9is$ attitude 3 -ar$ (P-2)3) *&<o3%- calculate profit 7unction foowing data given 3 -ar$ *d.!20-!'p and P.90-0&'* /0.'013* *&<o (%- Price +iscrimination and types describe in detai ' -ar$ (P-2!3) *&<o '%- characteristic of 7irm and what is main obLective of firm ' -ar$s +ifference between P=97=0/ 03-P=/2/23< and -3<3P38M (P-!80) 4imutaneous games and 4eEuentia games +=?9==4 37 P920= +24092-2<5/23< -=54H92<? 924C :2/N P93;5;282/M +24/92;H/23<4 05P2/58 ;H+?=/2<? P930=44 P5M;50C P=923+ 1) 2 functions were given their derivatives were asked to find. (P-13) 2) what is the usefulness of Game theory? (P-1) 3) how o!!ortunity cost is defined? (P-1"1) #) what is $y-!roduct?? give e%am!le &) what are the characteristics of com!etitive com!etition? discuss them (P-1'1) ') (hy decision making is com!licated in oligo!oly as com!ared to other market structures?? dicuss (P-1)*) *) +ow Game theory hel!s in risk analysis? (P-1) what are the contri$utions of ,ehavioral theory?? (P-2&&) ) last -uestion is also mathematical. a-uestion was given and the re-uirement was to calculate the e%!licit . im!licit cost of enter!reneur..( the same -uestiion which was in assignmnet 1) 0onsider the foowing information of the firm% /ota fixed cost . 9s& 3'0 Price eve . 9s& 20 5verage variabe cost . 9s& !0 /arget profit eve . 9s& 2'0 7rom this information" cacuate the brea$ even eve of output and target eve of output& (-ar$s% 2&'12&') *uestion% 02 Mou have given the foowing inear programming probem% -aximiGe Profit (O) . 9s& 20D 1 9s& 8M 4ubLect to the foowing constraints% 3D 1 !M 1 45 . (0 2D 1 2M 1 4; . 2' (M 1 40 . 30 /he corner points are given as% 0orner points D M 5 0 0 ; # 0 0 ' 3 + 2 # = 0 # Fro) all this infor)ation- fin% the profit (s.$ level at each corner point. (-ar$s% ') (P-!(8" !'0) ?iven the tota revenue and tota cost functions% /9 . 80* I 0&0002'*2 /0 . 2)0"('0 1 '* 10&0003'*2 7ind the profit maximiGing eve of output under monopoy /ota )( *uestions out of which ') -0*P4"( Euestion of 3 mar$s and ( of ' mar$s& . /arks 0uestions1 !-+efine economies of scope& why it is important for firms, (P-!!)) 3-:hat is transfer pricing,why does the probem of transfer pricing arises,discuss (P- 22#) 2-;aumoPs saes maximiGation mode was criticiGed on what grounds, discuss, (P-23') 3-;riefy discuss the basic vauation mode of firm& Now this mode can be adLusted for ris$, (P-2))) (-?iven the foowing tota revenue and tota cost function of a firm /9 . 22* - 0&'*2 /0 . (!63)*3 - 8&'*2 1 '0* 1 90 7ind out the )ar'inal revenue an% )ar'inal cost P!2- *0+$ -osty mcEs were on perfection competition" ?ames and product and their cassification i$e :heat -ar$et" 0igarettes" -ining industry etc Now ?ame /heory can be beneficia in 9is$ 5naysis ' -ar$s (P-2'#) Now ?overnment can exercise -onopoy ?ive 9easons ' -ar$s (P-!)2) Now ;ehaviora /heories contributed in =conomy of 4aes ' -ar$s (P-23') 4H;Q=0/2>= *H=4/23<4% *!& +escribe the types of price discrimination briefy, 3mar$s (P-23!) *2& :hat is opportunity oss, +efine 3mar$s *3& +ifferentiate between the simutaneous move game and the seEuentia move game, 3mar$s (P-208) *(& :hat are the contribution of -59924 -3+=8, +iscuss briefy 3mar$s (P-2(!) *'& +iscuss the characterisitics of oigopoy, 'mar$s (P-!8#) *)& +ata was provided% (' -ar$s) Probabiity 0ash 7ow
;oom 0&2' '00 <orma &0'0 (00 9ecession 0&2' 300 a&) Fin% E3pecte% 4alue of Fir), b&) Fin% Stan%ar% &eviation, -59C4 213 7ind =xpected >aue of 7irm, b&) 7ind 4tandard +eviation, -59C4 213 *uestion% 0! 0onsider the foowing information of the firm% /ota fixed cost . 9s& 3'0 Price eve . 9s& 20 5verage variabe cost . 9s& !0 /arget profit eve . 9s& 2'0