Managerial Eco

oObjective questions for managerial economics 1. rightful(a) or false: Economic conundrum would not arise if resources do not have prime(prenominal) uses. 2. original or false: Robinson Cruso has unlimited land and essential resources to produce whatever he requires, thus he does not face every economic problem. 3. Positive or prescriptive statement: Minimum wages cause unemployment. 4. Positive or normative statement: The government should lower income tax rate. 5. True or false: The impregnable exists only to maximize profits. 6. caprine animal you give example of both connection earning profits as per the surmise of risk bearing 7. Can you give any example of a companionship earning profits as per the possibleness of monopoly 8. Can you give any example of a company earning profits as per the theory of Innovation 9. True or false: Can economic profits be superior than accounting profits? 10. Classify between micro (m) and macro(M) variables: per capita consumption, Satyams farthermost to reduce the workforce, Govts decision to allow private heavens in power, Tata Motors incurring loss of Rs. 1300 crores. 11. The evaluate of a intact is equal to: a.| the present treasure of tangible assets.| b.| the present value of all early revenues.| c.| the present value of all future cash flows.| d.

| current revenues less current personifys.| 12. The value of the inviolable decreases with a decrease in: a.| total revenue.| b.| the discount rate.| c.| the bell of capital.| d.| total cost.| 13. If two s ervices provide the same pretend sense of ! satisfaction or utility, the consumer is said to display: a.| unbroken fringy utility.| b.| indifference.| c.| cardinal utility.| d.| ordinal utility.| 14. A utility exercise is: a.| additive, by definition.| b.| a descriptive statement that relates satisfaction or offbeat to the consumption of goods and services.| c.| multiplicative, by definition.| d.| can be neither additive nor...If you want to get a full essay, score it on our website: OrderCustomPaper.com

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