Can you support it as a case of economies of scope

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Managerial Economicsinfo_at_answersheets.in91
95030-94040
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• Managerial Economics
•  
• Q1.What would you recommend to the government to
  create a level playing field for the local firms
  and the western exporters of meat to India?
• Q2.Can you cite any other typical product where
  Indias advantage turns into disadvantages as a
  result of WTO agreement?
• Q3.Why do you think the absolute value of demand
  elasticity is less in the short run
• than in the long run?

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• Q4.Do you think jewelers as a commodity, can also
  be categorized in the same group as others in
  the given table? In other words, will it also
  exhibit change in the demand elasticity between
  the short and long run? Explain why?
• Q5.The change in the value of demand elasticity
  between short and long run is much smaller in
  case of food than in clothing, what does this
  reflect about the consumer behavior?
• Is there such a market in India for all the huge
  plans that they have ?
• (b) Can you support it as a case of economies of
  scope ?

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• (c) Does it not lend to monopolistic conditions ?
  Give reasons.
• Q6.Identify the most important factors of
  production in case of automobile industry. Also
  attempt to explain the relative significance of
  each of these factors.
• Q7.What more information would you like to obtain
  in order to draw a production function for Maruti
  Udyog? Explain with logic.
• Q8.Automobile industry is a good example of
  capital augmenting technical progress.
  Discuss.

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• Q9.As money costs will decrease due to decision
  to outsource human resource, some real costs and
  opportunity cost may surface. What could these
  be?
• Q10.Elaborate the external and internal economies
  of scale as occurring to Contract
  Counsel.
• Q11.Can you see some possibility of economies of
  scope from the information given in the case?
  Discuss.
•  
•  

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