Symbiosis International Education Centre 2008 M.B.A Human Resource Management Managerial Economics - Question Paper

accurate ans Pecuniary
Your ans Pecuniary

choose The Blank
ques. While discussing the product divisibility of public and private goods, the principle of ________ may be applied in case of only those people who do not agree to pay or who cannot pay the market price
accurate ans exclusion
Your ans exclusion

choose The Blank
ques. Under the decreasing returns to scale, the marginal output curve slopes ________.
accurate ans downward
Your ans downward

Multiple option Multiple ans
ques. Characteristics of Pure Public goods are:
accurate ans They are completely indivisible , Their marginal cost would be zero or close to zero , Their benefits cannot be priced
Your ans They are completely indivisible , Their marginal cost would be zero or close to zero , Their benefits cannot be priced

Multiple option Multiple ans
ques. Major kinds of costs are
accurate ans Accounting costs , Economic costs , Opportunity costs
Your ans Accounting costs , Economic costs , Opportunity costs

True/False
ques. The short run avg. Cost (A.C.) curve is U shaped.
accurate ans actual
Your ans actual

True/False
ques. Cyclical fluctuations are recurrent in nature
accurate ans actual
Your ans actual

Multiple option Multiple ans
ques. Quantitative credit control measures are
accurate ans open market operations , modifications in bank rates , modifications in statutory reserve ratio
Your ans open market operations , modifications in statutory reserve ratio

True/False
ques. Private profit motive is an essential feature of Capitalism.
accurate ans actual
Your ans actual

Multiple option Single ans
ques. The number of buyers & sellers operating under perfect competition is
accurate ans large
Your ans large

choose The Blank
ques. The sum of all individual demands constitutes________
accurate ans market demand
Your ans market demand

choose The Blank
ques. The costs which cover the cost of advertising is ________.
accurate ans Selling cost
Your ans Selling cost

Multiple option Single ans
ques. The relation ranging from variable input and ouput
accurate ans is direct
Your ans is direct

Multiple option Single ans
ques. With decline in price of a commodity, total expenditure spent on the commodity is less than before, then elasticity of demand for the commodity is
accurate ans < 1
Your ans < 1

Multiple option Single ans
ques. The public sector is owned & controlled by
accurate ans state enterprises

Earning:   Approval pending.