Q341
Open questionNational income in India is estimated by the
Select an option to see the answer and solution.
Management · all questionsManagerial Economics
Managerial Economics
practice.
Practice every MCQ with options. Use Show answers when you want the correct option and solution.
542
Questions
18/28
Page
Pick an option on a question to see the right answer and solution.
Q342
Open questionIncome elasticity is computed by
Select an option to see the answer and solution.
Q343
Open questionWhich form of monopoly regulation is most advantageous for the consumer?
Select an option to see the answer and solution.
Q344
Open questionThe lines ABCD represents which type of a curve?
Select an option to see the answer and solution.
Q345
Open questionMatch the items of the following two lists and indicate the correct answer.
| List-I | List-II |
| a. Trade channel discounts | 1. Oligopoly pricing |
| b. Tie-up sales | 2. Locational price differential |
| c. Price being non-responsive to changes in demand costs | 3. Differential pricing |
| d. Basing-point pricing | 4. Product-line pricing |
Select an option to see the answer and solution.
Q346
Open questionIf a monopolist is producing under decreasing cost conditions, increase in demand is beneficial to the society because
Select an option to see the answer and solution.
Q347
Open questionGNP:
Select an option to see the answer and solution.
Q348
Open questionOPEC is an example of the type of producer's organisation known as a
Select an option to see the answer and solution.
Q349
Open questionDeficit financing aims to put more money into the economy by creating additional paper currency to fill the gap between expenditure and revenue, The device aims at economic development but if it fails, it generates
Select an option to see the answer and solution.
Q350
Open questionThe vertical distance between TVC and TC is equal to
Select an option to see the answer and solution.
Q351
Open questionA firm maximises its profit when
Select an option to see the answer and solution.
Q352
Open questionA set of all possible production combinations while producing two commodities is
Select an option to see the answer and solution.
Q353
Open questionAn indifference curve is always
Select an option to see the answer and solution.
Q354
Open questionIf more is demanded at the same price or the same quantity is demanded at a higher price, this is known as
Select an option to see the answer and solution.
Q355
Open questionWhich is not the feature of oligopoly?
Select an option to see the answer and solution.
Q356
Open questionWhen at a given price, the quantity demanded of a commodity is more than the quantity supplied, there will be
Select an option to see the answer and solution.
Q357
Open questionWhich of the following is called as the Gossen's First Law?
Select an option to see the answer and solution.
Q358
Open questionOther things remaining the same, when a consumer's income increases, his equilibrium point moves to
Select an option to see the answer and solution.
Q359
Open questionIn the market-oriented system, for the allocation of resources which one of the following is the most appropriate conveyor of information?
Select an option to see the answer and solution.
Q360
Open questionIncreasing returns to scale can be explained in terms of
Select an option to see the answer and solution.