IIMT COLLEE OF MANAEMENT GREATER NOIDA DEPARTMENT OF BBA SEMESTER:1TH SESSION:-2021-22 SECTION-F COURSE CODE:-BBA-103 COURSE NAME: MANAGERIAL ECONOMICS ASSIGNMENT 1 (BASED QUESTIONS ON CO1) ATTEMPT ALL QUESTION Q1. WHAT IS MEANT BY MANAGERIAL ECONOMICS? Q2.EXPLAIN THE PROBLEM OF “WHAT TO PRODUCE” WITH THE HELP OF PRODUCTION POSSIBILITY CURVE. Q3 DESCRIBE THE NATURE OF ECONOMICS. Q4. DIFFERENTIATE BETWEEN MICRO ECONOMICS AND BUSINESS ECONOMICS? Q5. EXPLAIN THE CENTRAL PROBLEM OF ECONOMICS?