Classical

Managerial Economics - Managerial Economics Questions

31:  

Match the following :

List-I (Items)

(A) Additional Value (B) MOS

(C) MOS (in per cent) (D) Sales (in Rs.)

List-II (Application)

1. Proposed Expenditure/Contribution per unit

2. Total sales - B.E. sales

3. Profit + Contribution/Sales

4. FC + Profit/1 – VC/Sales

5. Fixed cost/Sales

A.

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

3    1    4    2

B.

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

3    4    2    1

C.

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

3    1    2    4

D.

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

1    2    3    4

 
 

Option: C

Explanation :

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32:  

One common definition of luxury goods is goods with an income elasticity

A.

Greater than one

B.

Equal to one

C.

Less than one but more than zero

D.

None of these

 
 

Option: A

Explanation :

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33:  

Match the following :

List-I (Subject of Managerial Economics)

(A) Business Environment

(B) Capital Management

(C) Profit Management

(D) Cost Analysis

List-II (Example)

1. Govt. Policies

2. Cost of Capital

3. Profit Planning

4. Cost Concept

5. Price System

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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34:  

Which one of the following curve is related with demand determined price in market period?

A.

B.

C.

D.

 
 

Option: A

Explanation :

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35:  

Which is a Total Fixed Cost Curve?

A.

B.

C.

D.

 
 

Option: C

Explanation :

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