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Managerial Economics and Ethics - Managerial Economics MCQ

Avatto > > UGC NET Management > > PRACTICE QUESTIONS > > Managerial Economics and Ethics > > Managerial Economics MCQ

26. On an indifference map, if the income consumption curve slopes downwards to the right it shows that

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27. An entrepreneur will stay in business in the long run as long as he meets

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28. Under a bilateral monopoly, the price is higher if

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29. A perfectly competitive firm will always expand output as long as

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30. Expanding output to the rising marginal cost is less than price, is the nature of

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Managerial Economics MCQ