Managerial Economics End Term: 31 August 2025, Set QIA1 (May 2025 term)

34 more questions in this paper

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1. Q4In case of import without tariff, how many total units of ball pens will be imported _1 mark
2. Q5In case of import without tariff, how many units of ball pens are being supplied by domes…1 mark
3. Q6With the tariff, how many units would be imported? _1 mark
4. Q7How much would domestic producer surplus change compared to the case with imports without…1.5 marks
5. Q8How much revenue would the domestic government collect from the imports of ball pens due …1.5 marks
6. Q9What should be the socially efficient number of hives that the beekeeper should maintain2 marks
7. Q10How many beehives will the beekeeper maintain if we ignore the apple orchard1 mark
8. Q11For which values of p will you decide to get an MBA?2 marks
9. Q12If p = 0.4, what is the highest price the university can charge for you to be willing to …2 marks
10. Q13What price would this monopolist will set?1 mark
11. Q14How many apartments will he offer for rent? _1 mark
12. Q15What price would he set if he had 40 apartments? _1 mark
13. Q16How many would he rent if he had 40 apartments?1 mark
14. Q17A monopolist can produce at a constant average (and marginal) cost of AC = MC = \$5. It f…1 mark
15. Q18A monopolist can produce at a constant average (and marginal) cost of AC = MC = \$5. It f…1 mark
16. Q19What will be the profit of this monopolist? Profit = _1 mark
17. Q20Suppose a second firm enters the market. Let Q1 be the output of the first firm and Q2 be…1 mark
18. Q21Suppose a second firm enters the market. Let Q1 be the output of the first firm and Q2 be…1 mark
19. Q22Suppose a second firm enters the market. Let Q1 be the output of the first firm and Q2 be…1 mark
20. Q23Suppose a second firm enters the market. Let Q1 be the output of the first firm and Q2 be…2 marks
21. Q24Suppose a second firm enters the market. Let Q1 be the output of the first firm and Q2 be…1 mark
22. Q25Suppose a second firm enters the market. Let Q1 be the output of the first firm and Q2 be…1 mark
23. Q26The expected valuation of a car for a potential buyer will be (in \$)1 mark
24. Q27In equilibrium, what kind of cars will be sold2 marks
25. Q28What will be the equilibrium price at which the buyers will buy the cars (in \$)? _2 marks
26. Q29If the insurance provider offered medical insurance at a price of \$1,0001.5 marks
27. Q30If the insurance company offered medical insurance at a price of \$1,3001.5 marks
28. Q31If the income of the consumer increases and the one of the prices decreases at the same t…1 mark
29. Q32Which of the following is true about monopolistic competition?1 mark
30. Q33A monopolist always produces in1 mark
31. Q34Public goods are provided by the government because1 mark
32. Q35Which goods represent network goods?1 mark
33. Q36Moral hazard occurs when contracts are written in such a way that1 mark
34. Q37Suppose the supply curve for pencils is vertical and government imposes a tax in this mar…1 mark