Ms 09 ignou assignment 2018

The document discusses several topics in managerial economics: 1. It explains the opportunity cost principle and how production possibility curves reflect opportunity costs using an example. 2. It asks how demand, price elasticity, and revenue are determined and explains price elasticity using an example. 3. It discusses economies and diseconomies of scale and how economies of scope differ from economies of scale. 4. It explains barriers to entry for a firm and differentiates between legal and natural barriers using an example. 5. It asks to trace the chronology of deregulation of the Indian telecom industry from 1992 to 2003 and explain the role of TRAI. 6. It asks to write short notes on two