Managerial Economics (CBSE-NET (Based on NTA-UGC) Management (Paper-II)): Questions 9 - 13 of 30

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Question number: 9

» Managerial Economics » Market Structures

MCQ▾

Question

Rise in general price level along with declining output in the economy is called (June 2014 Paper II)

Choices

Choice (4) Response

a.

Inflation

b.

Stagflation

c.

Deflation

d.

Demand-pull inflation

Question number: 10

» Managerial Economics » Demand Analysis

Appeared in Year: 2014

MCQ▾

Question

In case a decrease in price of a commodity results in an increase in its demand on a negatively sloping demand curve, it is called (June)

Choices

Choice (4) Response

a.

An increase in demand

b.

An increase in quantity demanded

c.

Law of demand

d.

None of the above

Question number: 11

» Managerial Economics » Pricing Theories

Appeared in Year: 2014

Match List-Ⅰ List-Ⅱ▾

Question

Match the items of the following two lists and indicate the correct code: (June)
List-Ⅰ List-Ⅱ

(A)

Tie-up sales

(i)

Oligopoly pricing

(B)

Price being non-responsive to changes in demand costs

(ii)

Differential pricing

(C)

Trade channel discounts

(iii)

Product-line pricing

(D)

Basing-point pricing

(iv)

Locational price differentials

Choices

Choice (4) Response
  • (A)
  • (B)
  • (C)
  • (D)

a.

  • (iv)
  • (iii)
  • (ii)
  • (i)

b.

  • (iii)
  • (iv)
  • (i)
  • (ii)

c.

  • (iii)
  • (i)
  • (ii)
  • (iv)

d.

  • (iii)
  • (ii)
  • (iv)
  • (i)

Question number: 12

» Managerial Economics » Market Structures

Appeared in Year: 2012

MCQ▾

Question

What is the characteristic of a purely competitive market? (December)

Choices

Choice (4) Response

a.

Few Buyers

b.

Abnormal profit

c.

Few Sellers

d.

Large number of buyers and sellers

Question number: 13

» Managerial Economics » Cost-Output Relations

Appeared in Year: 2015

MCQ▾

Question

An input such as (variable cost per unit or fixed cost) for a model is an example of a (n)? (December)

Choices

Choice (4) Response

a.

Algorithm

b.

Stochastic Variable

c.

Parameter

d.

Decision Variable

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