Classical

Managerial Economics - Managerial Economics Questions

21:  

Which one of the following is curve of Law of Increasing Returns?

A.

B.

C.

D.

 
 

Option: A

Explanation :


22:  

The Line ACDG represents

                    

A.

Kinked-demand curve

B.

Marginal revenue curve

C.

Cost curve

D.

Marginal cost curve

 
 

Option: B

Explanation :


23:  

Which is a Long Run Average Cost curve?

A.

B.

C.

D.

 

 
 

Option: A

Explanation :


24:  

Which is a curve of normal profit condition in case of monopoly price?

A.

B.

C.

D.

 
 

Option: B

Explanation :


25:  

Given

           

The above formula may be used for :

A.

Value of the firm

B.

Capital budgeting

C.

Profit

D.

Cost of capital

 
 

Option: A

Explanation :




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