Which of the following is not a part of the economic environment of business?
A. | Competitive Environment |
B. | Economic System |
C. | Changes in Patent Laws |
D. | None of these |
Option: D Explanation : Click on Discuss to view users comments. |
The concept of "consumer surplus" was introduced and developed by
A. | E. A. G. Robinson |
B. | J. M. Keynes |
C. | Lionel Robbins |
D. | Alfred Marshall |
Option: D Explanation : Click on Discuss to view users comments. |
Techniques of managerial control are useful in
A. | selection of plant location |
B. | identifying appropriate technology |
C. | profit planning |
D. | conducting shareholders' meeting |
Option: C Explanation : Click on Discuss to view users comments. |