Classical

Managerial Economics - Managerial Economics Questions

1:  

If the MUx/MUy for individual A is greater than the MUx/MUy for individual B, it is possible for individual A to gain by giving up

A.

Y in exchange for more X from B

B.

Y in exchange for more X from A itself

C.

Y in exchange for less X from B

D.

X in exchange for less Y from A.

 
 

Option: B

Explanation :


2:  

Match the following:

List-I (Economist)

(A) Malcoln E. Mc-Nair and Richard

(B) Joel Dean

(C) Milton and Siegelman

(D) Edwin

List-II (Statement)

1. Managerial Economics consists of the use of economic model of thought to analyse business situation.

2. The purpose of managerial economics is to show how economic analysis can be used in formulating business policies.

3. Managerial Economics is the integration of economic theory with business practice for the purpose of facilitating decision making and forward planning by management.

4. Managerial Economics attempts to bridge the gap between the purely analytical problems that intrigue many economic theorists and the problems of policies that management must face.

5. Managerial Economics is a study of the behaviour of firms in theory and practice.

A.

(a) (b) (c) (d)

1    2    3    4

B.

(a) (b) (c) (d)

1    4    3    2

C.

(a) (b) (c) (d)

3    1    4    2

D.

(a) (b) (c) (d)

3    4    2    1

 
 

Option: A

Explanation :


3:  

Match the following :

List-I (Items)

(A) Demand Curve

(B) Law of Demand

(C) Perfectly Elastic

(D) Perfectly Inelastic

List-II (Curves)

1.    

2.

3.

4.

A.

(A) (B) (C) (D)

1    2    3    4

B.

(A) (B) (C) (D)

1    3    4    2

C.

(A) (B) (C) (D)

3    1    4    2

D.

(A) (B) (C) (D)

3    4    2    1

 
 

Option: A

Explanation :


4:  

Which is the income elasticity curve?

A.
 
 
B.
 
 
C.
 
 
D.
 
 
 
 

Option: A

Explanation :


5:  

Match the following :

List-I (Items)

(A) The Golden Rule of Accumulation

(B) Reducing Monetary Policy

(C) Employment

(D) Price Elasticity

List-II (Curves)

1.

2.

3.

4.

A.

(A) (B) (C) (D)

1    2    3    4

B.

(A) (B) (C) (D)

1    4    2    5

C.

(A) (B) (C) (D)

3    1    2    4

D.

(A) (B) (C) (D)

3    4    2    1

 
 

Option: A

Explanation :




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  • Managerial Economics MCQ can be used for the preparation of quizzes.
  • Managerial Economics Questions Answers can be used to prepare for UGC NET Commerce, UGC NET JRF and many more.
  • Managerial Economics objective type questions answers can be used in the preparation of Ph. D Entrance exams.
  • Managerial Economics multiple choice questions answers can be used to gain a credit score in various undergraduate and post graduate courses.
  • These questions can also be used by any students for improving their knowledge in Managerial Economics
  • These mcq can also be used by any student of XI or XII standard who has opted to study commerce to increase his knowledge in Managerial Economics.
  • These Managerial Economics questions  can also  be used to prepare for interviews.