Wednesday 24 July 2019

Get NMIMS SOLVED ASSIGNMENT FOR BUSINESS ECONOMICS SEPTEMBER 2019


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Business Economics

BUSINESS ECONOMICS SEPTEMBER  2019
NMIMS SOLVED 2019 ASSIGNMENTS
NMIMS MBA ASSIGNMENTS
SOLVED ASSIGNMENTS

1. What is Demand forecasting? Explain different qualitative methods of demand forecasting. State which of the methods described is most suitable for forecasting the demand for “newspaper” and why?

2. Complete the hypothetical table below and explain in brief, the law of variable proportions.
Quantity
Total Product
Average Product
Marginal Product
1
10


2
30


3
48


4
56


5
56


6
52




3. a. Explain the types of elasticity of demand. Calculate elasticity of demand for the following data.

Price of Apple (Rs.)
Quantity demanded (KGs)
20
100
21
96

3. b. Distinguish between the features of perfect competition and monopolistic competition. Give real world examples of each of these types of markets.
Get NMIMS SOLVED ASSIGNMENTS MBA SEPTEMBER 2019 call us at 8510092683 or mail us at

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