Symbiosis International Education Centre 2006 Post Graduate Diploma HR Management Managerial Economics - Question Paper

Your ans To increase the efficiency and international competitiveness of industrial production , To improve the performance and rationalize the scope of the public sector , To reform and modernize the financial sector
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LABELS: MANAGERIAL ECONOMICS (SET V)
Managerial Economics - 14
Multiple option Single ans
ques.
The study of the working and allocation of resources in the free market economies is the topic in the
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theory of price
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theory of production

Multiple option Single ans
ques.
Managerial economics aims at providing help in the firms is
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decision making
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decision making

True/False
ques.
The federal government of U.S.A. does not face the basic economic issue.
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False
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False

Multiple option Single ans
ques.
In equilibrium analysis of a firm, it is presumed that every individual proprietor exhibits rational economic
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behavior
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behavior

Match The subsequent
Question
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Managerial Economics
Prescriptive in nature
The theory of distribution
Resources
option uses
option uses
Division of society’s output of goods and services
The theory of distribution
Prescriptive in nature
Motor cars
Tangible goods
Tangible goods
Wants
Insatiable
Insatiable

True/False
ques.
Market price fluctuates very often
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True
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False

Multiple option Single ans
ques.
The firm is the unit that makes the decisions regarding employment of and the output of commodities are
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factors of production
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factors of production

Multiple option Single ans
ques.
The principle of exclusion cannot be applied to the goods which are
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indivisible
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invisible

Multiple option Single ans
ques.
In the cost – benefit analysis, the firm step involved is that the investor has to select a few project options promising a rate of return which is
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high
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high

Multiple option Single ans
ques.
Market system of economy is characterized by consumer’s
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sovereignty
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demand

Multiple option Single ans
ques.
In case of a joint stock company, the liability of share holders is
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limited
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limited

Earning:   Approval pending.