Management · all questions

Managerial Economics
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Q141

Each short run AC curve coincides with LAC at

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Q142

NNP = ?

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Q143

A monopolist has control over the price he charges for his product. He will be able to maximise his profit by

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Q144

Given below are two statements, one labelled as Assertion (A) and the other labelled as Reason (R). Read the statements and choose the correct answer.
Assertion (A) A price reduction leads to an increase in the quantity demanded of the commodity.
Reason (R) It results from price effects comprising income and substitutions effects which are always positive.

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Q145

Match the following:

List-I (Subject of Managerial Economics)	List-II (Example)
a. Demand Analysis	1. Demand forecasting
b. Cost and Product Analysis	2. Cost output relationship
c. Capital Management	3. Price Estimates
d. Profit Management	4. Profit Policies

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Q146

Calculate elasticity of sales if a 20% increase in the advertising expenditure causes the amount of sales to increase by 40%.

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Q147

Which of the following persons is engaged in "secondary production"?
1. A bricklayer
2. An automobile assembly-line worker
3. An accountant
4. A cinema projectionist

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Q148

In long run competitive equilibrium

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Q149

The fixed cost of production of the firm is Rs. 20 crore and advertisement cost is Rs. 4 crore. The firm has the contribution margin, (P-AVC) as Rs. 100. In order to reach its target profit of Rs. 6 crore, the firm will target an output of

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Q150

A monopoly producer usually earns

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Q151

In a . . . . . . . . the decisions of a central planner are replaced by the decisions of millions of firms and households, which answer will be suitable for the blank?

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Q152

To maximise profits during short run, a firm should produce the output that will

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Q153

When the consumer's income increases, the budget line on an indifference map moves to

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Q154

The following table shows the various combinations of labour (L) and capital (K) and the resulting outputs

Combination	Output (units)
1L + 1K	200
2L + 2K	400
3L + 3K	600
4L + 4K	800
5L + 5K	1000

This table shows the

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Q155

As a consumer increases his consumption of a commodity, the total utility he derives from its consumption increases, but at a diminishing rate. This is

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Q156

A firm may be considered to be of optimum size when

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Q157

The positive cross elasticity of demand between two products means the two products are

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Q158

At the point of producers equilibrium

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Q159

The following is the demand function: Q = 100 - 5P, What will be the point price elasticity of demand at price Rs. 10?

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Q160

In general, most of the production functions measure

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