NMIMS Business Economics customized assignment

 Business Economics

 

1. “The technique of indifference curves has been used not only to explain consumer’s behavior and demand but also to analyze and explain several other economic problems “In view to the above statement elaborate about indifference curve and its properties. (10 Marks) 

2. Find below hypothetical data for total production costs of a manufacturing firm at various levels of output. Complete the following: (10 Marks) 

Output	Total cost	Fixed cost	Variable cost	Average fixed cost	Average variable cost	Average cost
0	1000	1000
20	1200	1000
40	1300	1000
60	1380	1000
100	1600	1000

 

3. a. Large scale production is considered to be economical in the sense of per unit cost. Explain the statement by describing different types of economies of scale. Give examples to substantiate your answer (5 Marks) 

3. b. Elaborate Cross Demand, Composite Demand and Derived Demand and cite an example to enumerate these types of demand. (5 Marks) 

*We Provide DEC 2022 NMIMS Solved Assignments*

*100 % Customized,*

*100 % Plagiarism-Free*

*100 % Unique*

*Dr. Aravind Banakar – Ph.D*

*aravind.banakar@gmail.com*

*09901366442*

*09902787224*

Regarding *Price and Time frame* Send me PDF question papers immediately via mail at *aravind.banakar@gmail.com* *We will revert you all details via mail only*

We have CAs, CFAs & Ph.D. on our panel with 23 years of experience writing unique assignments

 

We are the only service that uses 3 stage quality checks before submitting any assignment solutions to the students.

✅   In the first stage, we check for *plagiarism and referencing style*.

✅  In the second stage, we check for *grammar and sentence structures*, and finally,

✅   In the last stage, we check for *content relevancy*