MMPC-10 EM 2026 SOLVED ASSIGNMENT

Description

ASSIGNMENT

Course Code: MMPC-010

Course Title: Managerial Economics

Assignment Code :MMPC-010/TMA/JAN/2026/JULY/2026

Note: Attempt all the questions and submit this assignment to the coordinator of your study centre. Last date of submission for January 2026 session is 30th April, 2026 and for July 2026 session is 31st October, 2026.

1. “The Equi-Marginal Principle can be applied to both consumption as well as production”. Discuss this statement with the help of an example.
2. “The main determinant of elasticity is the availability of substitutes.” Explain this statement in the context of Price elasticity of demand.
3. Differentiate between Isocost and Isoquants. Analyze graphically, how an optimal combination of inputs can be arrived in the long run using Isocost and Isoquant.
4. Critically analyze pricing decisions under Perfect Competition and under Monopoly.
5. Explain Price Discrimination. Does Price Discrimination exist in the real world? Discuss with reference to any particular product or service.