Managerial Economics (CBSE-NET (UGC) Management (Paper-II & Paper-III)): Questions 13 - 16 of 22

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Question number: 13

» 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: 14

» 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: 15

» 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

Choices

Choice (4) Response
a.

Statement- I is correct, statement- II is incorrect

b.

The statements I and statement II are correct

c.

The statements I and statement II are incorrect

d.

Statement-I is incorrect, statement-II is correct

Question number: 16

» 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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