Description

MCO 21 NEW M.COM IGNOU SOLVED ASSIGNMENT 2024

Course : New M.COM

Session 2024

Submission date : 1 Those who are enrolled in January 2024, it is valid upto June 2024.

2 Those who are enrolled in July 2024, it is valid upto December 2024.

NOTE- After payment download option will come and you can download assignment / guess paper. Or you will get a copy of assignment / guess paper in Email also.

Q. 1 Managerial Economics serves as a link between traditional economics and
decision sciences for business decision-making.’ Elucidate the statement
considering the role of managerial economics in optimizing resource
allocation, forecasting, pricing strategies, and overall organizational
performance.
(20)
Q. 2 a) In a world of just two goods where all income is spent on the two
goods, both goods cannot be inferior. True or False? Explain.
b) Explain the law of diminishing marginal returns and provide an
example of the phenomenon.
(10+10)

MCO 21 NEW M.COM IGNOU SOLVED ASSIGNMENT 2024

Q. 3 Production is related to costs. In fact, cost function can be derived from
estimated production function. In view of empirical determination of
production function, can you think of some limitations of statistical analysis
relating to cost function? Apart from limitations also explain how these
estimated cost function is useful to a manager.
(20)
Q. 4 Classify and explain different market structures based on certain factors and
support your answer with the help of examples.
(20)

MCO 21 NEW M.COM IGNOU SOLVED ASSIGNMENT 2024

Q. 5 Write short notes on the following :
a) Opportunity cost
b) Marginal cost
c) Monopoly power
d) Determinants of Price Elasticity