Engineering Economics — Minor 2 2026 question paper
MMMUT Electronics and Communication Engineering previous year question paper for Engineering Economics (BHM 155), semester 2, Minor 2 2026. All 14 questions are listed below, each with a written answer on Nexsus.
Paper details
Subject: Engineering Economics (BHM 155)
Branch: Electronics and Communication Engineering
Semester: 2
Exam: Minor 2 2026
Questions: 14
Questions asked in Engineering Economics Minor 2 2026
Q1(a). Explain short run and long run cost function including total cost curve, Average cost curve and Marginal cost curve.
Q1(b). Write short note on: (i) Production Function (ii) Opportunity Cost
Q1(b)(i). Production Function
Q1(b)(ii). Opportunity Cost
Q1(c). Total cost curve and Total variable cost curve do not start from same point. Explain
Q2(a). Differentiate between Perfect competition and Monopolistic competition market on the basis of following: (i) Nature of the product (ii) Price influence (iii) Relationship of AR and MR (iv) Demand Curve
Q2(a)(i). Nature of the product
Q2(a)(ii). Price influence
Q2(a)(iii). Relationship of AR and MR
Q2(a)(iv). Demand Curve
Q2(b). Define Gross domestic product, Gross National product and Net National product. What is the importance of the national income analysis?
Q2(c). In which type of market structure, price differentiation is possible and Why?