Managerial Economics M: 7019944355
Need Answer Sheet of this Question paper Contact us at answersheethelp@gmail.com M: 7019944355 Managerial Economics Q1) Economists have classified input as a. Timeless b. landless c. labourless d. all the above Q2) ∑Pi=………where Pi is the probability of certain task. a. Not defined b. 1 c. 0 d. It will depend on the number of Pi values we are taking for summation. Q3) Slope at x=2 for the given curve y=3×3+2x be a. 26 b. 38 c. 36 d. 18 Q4) For a vertical demand curve the elasticity will be a. 0 b. 1 c. Between 0 and 1 d. ∞ Q5) The difference between price and average variable cost is defined as a. Loss contribution b. Profit contribution c. Expectations d. Market contribution Q6) For an industry with ‘n’ firms the total equilibrium o/p for a Cournot oligopoly with Q0 as o/p from perfect competitive market, is given by a. Q0(n+1)/n b. Q0n/(n+1) c. (n+1)n/Q0 d. (n+1)/(nQ0) Q7) Game theory was designe...