MBACSA

< All Topics

NMIMS – Business Economics

NMIMS MBA Business Economics Solved Assignment

https://mbacasestudyanswers.com/nmims-1st-sem-mba-assignments-i-nmims-2nd-sem-mba-assignment/

 Q1. With the help of the concept of production function. Briefly explain the Law of Variable Proportions and Law of Returns to Scale. This NMIMS MBA Business Economics solved assignment will help elaborate your answer by citing real world examples. (10 Marks)

Q2. Countries are making every effort to cut back on their usage of petroleum products, particularly gasoline, in light of the rising cost of crude oil. Results from this will only become apparent over time. To cut down on the usage of private automobiles, the majority of nations are working to increase public transportation systems’ popularity. For the reasonably developed countries, the income elasticity of spending on private vehicles has been calculated to be approximately 2.5. Some nations, like India, are highly irritated that despite fare reductions, there is no movement towards public transportation. The following describes the user profile of the public transportation system:

NMIMS Assignment Guidelines by Dr. Aravind Banakar

They belong to the middle and low income categories with income elasticity less than one and the absolute value of price elasticity also less than one With the above given statement, you are required to suggest your point logically as to why the public transport is not becoming popular and why the use of private vehicles is only continuing to increase.

You can build your answer by keeping income elasticity in mind and analysing it. (10 Marks)

Q3a. A corporation in the USA that works in the telecommunications industry is called SNDL. Their intention is to join the Indian telecom industry. Prior to entering the Indian market, they would like to examine the market structure. They are doing this in order to determine how much price power they may have in the Indian telecom market. If you were giving them advice on the same thing, how would you go about comprehending the structure of the market? Explain which test or technique you would choose for determining the market concentration. (5 Marks)

Q3b. ABC Ltd sought to determine the nature of the relationship between goods A and B, specifically if they are complementary or substitutes. Regarding the price and quantity requested for commodities A and B, the following information was available.

The price of A remained unchanged, but the price of B dropped from Rs 240 to Rs 200, which increased the demand for A from 3500 to 4000 units. Determine the cross-elasticity of demand between goods A and B, and then provide a commentary on the relationship between the two goods based on the results. (5 Marks)

We are number 1, NMIMS Assignments Academic Writing Professionals.
We are the most reputable and reliable NMIMS Assignments provider in India.
Our commitment to you is 100 % Customized, 100 % Unique, and 100 % Plagiarism-free Assignments, because we value your academic integrity.
We provide NMIMS for all courses, such as MBA, BBA, B.Com, and EMBA, all subjects solved assignments for all semesters.
We offer both General and Customized projects. Please be sure to hurry for quality assignments.
Dr. Aravind Banakar, an esteemed academic writing professional, has over 24 years of experience crafting customized, plagiarism-free assignments and capstone projects across various disciplines.
SVKM Narsee Monjee MBA Solved Assignments
SVKM Narsee Monjee BBA Solved Assignments
SVKM Narsee Monjee BBM Solved Assignments
SVKM Narsee Monjee B.COM Solved Assignments
SVKM Narsee Monjee EMBA Solved Assignments
Scroll to Top