II B.Tech I Semester Supplimentary Examinations,

1. What is Managerial Economics? Explain its focus areas. 2. (a) What do you understand by Elasticity of demand. How is it classified. (b) Determine price elasticity of demand given that the quantity demanded of a product is 1000 units when the price is Rs. 100 and when the price declines to Rs.90, demand increases … Read more