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Rey Nu Name:
ABJ ABDUL KALAM TECUNOLOGICAL UNIVERSITY
Fourth Semester B.Tech Degree (5,817) Examination August 2021 (2015 Scheme)

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Course Code; HS200
Course Name; BUSINESS ECONOMICS
Mas. Marks: 100 Duration: 3 Hours
PART 4
41117೧07 any three full questions, cach 077105 20 marks. Marks
1 ४) Explain dhe meanme and relevance af business economics, (7)
1) ೫10! 98 the dhree central problems of an economy? (೨)
२ வி Define price clasticity of demand and explain five types price elasucily. (6)
1) Brichy explain any two factors determining demsnd of u product. (4)
3 யூ Explain oppanunity cost with the [11610 of a PPC, (4)
फ) Define Marginal ulibty? Explain the Jaw of diminishing marginal ulility with
diagram. 9
4 3} Wistinyutsh between Gxed propurtion sad veriable proportion, 141]
9) Suppase the production function is given as @ = 2217 ‏2ر2‎
‎1) When ourpul cquals 70 and labour 25 what should he the capital? (0)
11) Estimale MP. and ಸಿ
PART 8
Answer any tree full guestions, each carries {Omurks.
£ 9) Explain break even analysis weth ‏د‎ tliagram (11)
೧) Suppose the monthly Gxed cost of ४ Gan is Rs 25000/- and 15 monthly 10181
variable cost is Re 350010: பீ ihe സാധി sales is Ks 75000/-, Estumate PY ratia 10)
and break even 7
6 a) Make a comparison between perfect competition and ൩0൬01. 10)
೧) Distinguish between marginal cost oud 10೯1001೮ ८०51, (4)
٦ தி 2180855 the circular Now of income ina ‏عع‎ 5೦೮107 model with 3 disgrunt, {4}
b} Explain any 10117 concepts af national income. (6)
8 ‏زو‎ Whatare the 270೧೧೪ of 177४) 45)
b> What is repo tale and reverse repo sate. (4)

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