Managerial Economics (CBSE-NET (Based on NTA-UGC) Management (Paper-II)): Questions 23 - 26 of 30

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Question number: 23

» Managerial Economics » Demand Analysis

Appeared in Year: 2010

MCQ▾

Question

A Right-ward shift in Demand Curve indicates (June Paper II)

Choices

Choice (4) Response

a.

A decrease in supply

b.

Law of Variable Proportions a

c.

An increase in quantity supplied

d.

An increase in supply over the previous year

Question number: 24

» Managerial Economics » Demand Analysis

Appeared in Year: 2013

MCQ▾

Question

From the following identify one which is not a property of Indifference curve? (June Paper II)

Choices

Choice (4) Response

a.

Indifference curves do not intersect each other.

b.

Indifference curves are concave to the origin.

c.

Indifference curves are downward sloping.

d.

Indifference curves are convex to the origin.

Question number: 25

» Managerial Economics » Market Structures

Appeared in Year: 2012

MCQ▾

Question

Which of the following is the condition for equilibrium for Monopolist? (June Paper II)

Choices

Choice (4) Response

a.

MR = MC = Price

b.

AC = AR

c.

MC = AR

d.

MR = MC

Question number: 26

» Managerial Economics » Market Structures

Appeared in Year: 2013

MCQ▾

Question

Which one of the following statements is true? (June Paper II)

Choices

Choice (4) Response

a.

With the help of Economic Theories, it is always possible to predict the future accurately.

b.

Every Economic Theory is based on realistic facts which are common to all societies.

c.

Knowledge of Economic Theory is misleading in making business decisions.

d.

Business decisions cannot be taken without a sound knowledge of Macro Economic Theories.

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