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

Your ans state enterprises

True/False
ques. In the market, any 1 who agrees to pay the requisite price of a product would be excluded from their consumption.
accurate ans False
Your ans False

Multiple option Single ans
ques. A downward movement from 1 point to a different point on the identical demand curve implies
accurate ans expansion
Your ans expansion

Multiple option Multiple ans
ques. Methods of forecasting demand for new products are
accurate ans Product life cycle analysis , Test marketing , Evolutionary approach
Your ans Product life cycle analysis , Test marketing , Evolutionary approach

True/False
ques. The concept of economic profit differs from that of normal profit.
accurate ans False
Your ans actual

choose The Blank
ques. Reasonable profit target as an option to the objective of profit maximization was suggested by ________.
accurate ans Joel Dean
Your ans Joel Dean

Multiple option Single ans
ques. Inflation is characterized by demand which is in
accurate ans excess of supply
Your ans surplus

choose The Blank
ques. Defence service is an example of ________ good.
accurate ans indivisible
Your ans public



Multiple option Single ans
ques.
Every nation’s resources which are used to produce the volumes of goods and services that would be needed to satisfy all its citizen’s wants are
accurate ans
insufficient
Your ans
insufficient

Match The subsequent
Question
accurate ans
Your ans
Managerial economics
Decision making and forward planning
Decision making and forward planning
Resources
scarce
scarce
Commodities
goods and services
goods and services
Human wants
unlimited
unlimited
General Theory of Employment, Interest and Money
J. M. Keynes
J. M. Keynes

Multiple option Single ans
ques.
The feasibility, which includes the prospects of employment generation, development of backward areas, social groups comprises of
accurate ans
Economic feasibility
Your ans
Economic feasibility

Multiple option Single ans
ques.
As far as its use is concerned, tuning in of a radio can be categorized as:
accurate ans
Divisible
Your ans
Divisible

True/False
ques.
In a market system of economy, there is no harmony ranging from individual interests and interests of the community.
accurate ans
False
Your ans
False

True/False
ques.
Institution of private property is not an essential feature of Capitalism.

Earning:   Approval pending.