Managerial Economics (CBSE-NET (UGC) Management (Paper-II & Paper-III)): Questions 1 - 4 of 22

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Question number: 1

» Managerial Economics » Advertising

Appeared in Year: 2014

Match List-Ⅰ List-Ⅱ▾

Question

Indicate the correct code matching the items in List – I with those in List – II as follows: (June)
List-Ⅰ List-Ⅱ

(A)

Optimal promotion mix

(i)

Advertising scheduling

(B)

Competitive parity in advertising

(ii)

Marginal equivalence of advertising

(C)

Promotional elasticity of product

(iii)

Variations in advertising

(D)

Pulsing advertising

(iv)

Advertising expenditure

Choices

Choice (4) Response
  • (A)
  • (B)
  • (C)
  • (D)
a.
  • (iii)
  • (iv)
  • (i)
  • (ii)
b.
  • (ii)
  • (iv)
  • (iii)
  • (i)
c.
  • (iii)
  • (ii)
  • (iv)
  • (i)
d.
  • (ii)
  • (i)
  • (iii)
  • (iv)

Question number: 2

» Managerial Economics » Production Function

Appeared in Year: 2014

MCQ▾

Question

Production function is not based on the assumption of the (June)

Choices

Choice (4) Response
a.

Market ability of products

b.

Complementarity of inputs

c.

Specificity of inputs

d.

Substitutability of inputs

Question number: 3

» Managerial Economics » Demand Analysis

Appeared in Year: 2014

MCQ▾

Question

In case the price (P), quantity (Q), and changes (∆) are represented by respective symbols given in the brackets, the price elasticity of demand (Ed) is measured by (June paper II)

Choices

Choice (4) Response
a.

Ed = ∆Q/∆P

b.

Ed = (∆P/P) / (∆Q/Q)

c.

Ed = (∆Q/Q) / (∆P/P)

d.

Ed = ∆P/∆Q

Question number: 4

» Managerial Economics » Demand Analysis

Appeared in Year: 2015

MCQ▾

Question

Statement – I: A rectangular hyperbola shaped demand curve has uniform slopes on all its points.

Statement – II: If the price elasticity is equal to unity, the marginal revenue corresponds to zero.

(December)

Choices

Choice (4) Response
a.

Statement – I is correct and Statement – II is correct

b.

Statement – I is incorrect and Statement – II is incorrect

c.

Statement – I is incorrect while Statement – II is correct

d.

Statement – I is correct while Statement – II is incorrect

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