IGNOU MS 9 SOLVED ASSIGNMENT

Included:

MS 09 (January 2025 - July 2025) - ENGLISH

ASSIGNMENT

Course Code : MS-09

Course Title : Managerial Economics

Assignment Code : MS-09/TMA/JAN/2025

Coverage : All Blocks

Note: Attempt all the questions and submit this assignment to the coordinator of your study centre. Last date of submission for January 2025 session is 30th April, 2025 and for July 2025 session is 31st October, 2025.

1. Explain the objectives of a firm. How is profit maximization one of the most important objectives of a firm?

2. What is Price Elasticity? Explain Point Price Elasticity. Calculate Point Price Elasticity from the price and quantity given below:

Price (P)	Quantity (Q)	Point Price Elasticity
100	0
90	30
80	60
70	90
60	120
50	150

3. Discuss the Law of Diminishing Marginal Returns. Explain the Stages of Production under Diminishing Marginal Returns based on the behaviour of Total Product (TP), Average Product (AP) and Marginal Product (MP)

4. Differentiate between the following:

(a) Total Cost, Average Cost & Marginal Cost

(b) Short Run and Long Run Costs

5. “Classification of markets is based on their characteristics”. Substantiate this statement with reference to Monopoly and Oligopoly market structures.

6. Write short notes on the following:

a. Three Choice Problems of an Economy

b. Determinants of Demand

c. Price Leadership

MS 09 (January 2025 - July 2025) - ENGLISH

ASSIGNMENT

Course Code :MS-09

Course Title : Managerial Economics

Assignment Code : MS-09/TMA/JAN/2025

Coverage : All Blocks

Note: Attempt all the questions and submit this assignment to the coordinator of your study centre. Last datc of submission for January 2025 scssion is 30th April, 2025 and for July 2025 session is 31st October, 2025.

1. Explain the objectives of a firm. How is profit maximization one of the most important objectives of a firm?

2. What is Price Elasticity? Explain Point Price Elasticity. Calculate Point Price Elasticity from the price and quantity given below:

Price (P)	Quantity (Q)	Point Price Elasticity
100	0
90	30
80	60
70	90
60	120
50	150

3. Discuss the Law of Diminishing Marginal Returns. Explain the Stages of Production under Diminishing Marginal Returns based on the behaviour of Total Product (TP), Average Product (AP) and Marginal Product (MP)

4. Differentiate between the following:

(a) Total Cost, Average Cost & Marginal Cost

(b) Short Run and Long Run Costs

5. "Classification of markets is based on their characteristics". Substantiate this statement with reference to Monopoly and Oligopoly market structures.

6. Write short notes on the following:

a. Three Choice Problems of an Economy

b. Determinants of Demand

c. Price Leadership

MS 09 (January 2026 - July 2026) - ENGLISH

ASSIGNMENT

Course Code : : MS-9

Course Title : : Managerial Economics

Assignment Code : MS-9/TMA/JAN/2026

Coverage : All Blocks

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. Explain the objectives of a firm. How is profit maximization the most important objective of a firm? Discuss.

2. Describe 'Demand Function' and explain the impact of price of complements and price of substitutes on demand function.

3. In the long-run, there are no fixed cost functions (total or average) since no inputs are fixed. Explain how does this helps a producer in decision making.

4. Describe a Cartel. How is price fixed in a cartel?

5. Explain the difference between 'First- and Third-Degree Price Discrimination' giving examples.

6. Write Short Notes on the following:

(a) Cross Price Elasticity

(b) Total Product and Marginal Product

(c) Peak Load Pricing

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