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BA5101 Question Bank Economic Analysis for Business Anna University

BA5101 Question Bank Economic Analysis for Business

BA5101 Question Bank Economic Analysis for Business Anna University free download. Economic Analysis for Business Question Bank BA5101 pdf free download.

Sample BA5101 Question Bank Economic Analysis for Business:

1. The Government suddenly made a “U” turn in its economic policies in 1991, making a fundamental departure from “Nehruvian Policies of Socialism”, even without discussing the issue in the Parliament.

Even Communist and Socialist members of the Parliament, and also pro-labor organizations kept quiet – Discuss about these in groups, regarding the significance and implications. BA5101 Question Bank Economic Analysis for Business

2. The City of Pune has a hundred petrol pumps selling identical products, but owned by different owners. The total market demand is given by Q = 50000 – 20000p. The total supply function is given by: Q = 2500P. Cone of the Oil companies decided to take over all these pumps.

There is no apparent cost advantage because the cost function remains the same, regardless of whether it is one large company or many small ones. The users of petrol are disturbed and annoyed at this because they anticipate exploitation. You are required to calculate the following: BA5101 Question Bank Economic Analysis for Business

i. The price prior to the merger. (8Marks)

ii. The price post-merger. (7Marks)

Note that the supply function is nothing but the rising part of the relevant cost function. BA5101 Question Bank Economic Analysis for Business

i. If the Government steps in and decides to regulate the price, would you recommend a marginal cost pricing regulation? Why or why not? (8 Marks)

ii. Discuss the ideal market structure, given the nature of the commodity (7 Marks)

3. Explain as to how the study of Economics helps you in better decision making in today’s business scenario? BA5101 Question Bank Economic Analysis for Business

Subject name Economic Analysis for Business
Short Name EAB
Semester 1
Subject Code BA5101

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