Business Economics (CBSE-NET (UGC) Commerce (Paper-II & Paper-III)): Questions 1 - 3 of 3

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Question number: 1

» Business Economics » Nature and Uses of Business Economics

Appeared in Year: 2013

MCQ▾

Question

Business economics is a subject which (December Paper- II, UGC NET)

Choices

Choice (4) Response

a.

Studies economic relationship

b.

Deals with the tools of economics used for decision making in business

c.

Studies optimum allocation of limited resources

d.

Studies economic activities at the aggregate level

Question number: 2

» Business Economics » Nature and Uses of Business Economics

Appeared in Year: 2013

MCQ▾

Question

Demand must have the elements (June, Paper- III, UGC NET)

Choices

Choice (4) Response

a.

Quantity, Price and Time

b.

Want

c.

Desire

d.

All a. , b. and c. are correct

Question number: 3

» Business Economics » Curve Analysis Law

Appeared in Year: 2016

MCQ▾

Question

The minimum Long Run Average Cost (LAC) can be determined on a

I. LAC curve for a normal production function

II. LAC curve for a linear production function

III. Planning curve

IV. Envelope curve

Choices

Choice (4) Response

a.

II III IV

b.

I III IV

c.

I II III

d.

I II IV

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