Relaxing the restrictions and controls imposed on business and industry means
A. | Liberalisation |
B. | Privatisation |
C. | Globalisation |
D. | None of these |
Option: A Explanation : Click on Discuss to view users comments. |
Which one of the following statements is correct?
A. | Monopolist charges the maximum possible price. |
B. | Monopolist always makes (economic) profit. |
C. | Monopolist operates on an inelastic demand curve. |
D. | None of the above |
Option: A Explanation : Click on Discuss to view users comments. |
In terms of Blake-Mouton's managerial grid approach, a production oriented leader will be one who adopts
A. | 1.1 style |
B. | 9.1 style |
C. | 9.9 style |
D. | 5.5 style |
Option: C Explanation : Click on Discuss to view users comments. |