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Managerial Economics
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Course Name
MBA (Master of Business Administration)
Subject Code MB0026 (Managerial Economics )
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PART - A
PART - B
PART - C
Subject : Managerial Economics
MB0026 : PART - B
| Q. 1 | State the True points with regards to Supply
1. Supply refers to various quantities of goods,
which a seller is willing and able to sell at a
different price in a given market at a particular
time, other things remaining constant
2. Su |
| | A) | 1-T, 2-T |
| B) | 1-T, 2-F | | C) | 1-F, 2-T | | D) | 1-F, 2-F | | | | | Q. 2 | The correct formula for Short Run Average
Total Cost is _____ |
| | A) | SATC = TFC / Q |
| B) | SATC = TVC / Q | | C) | SATC = SAVC + SAFC | | D) | SATC = SAVC - SAFC | | | | | Q. 3 | The bases for Product Differentiation are:
1. Characteristic of the product
2. Condition surrounding the service of the
product
3. Condition surrounding the sales of the product |
| | A) | 1 and 2 |
| B) | 2 and 3 | | C) | 1 and 3 | | D) | 1, 2 and 3 | | | | | Q. 4 | The two types of pricing in the pioneering
stages are: |
| | A) | Skimming price and Low penetration pricing |
| B) | Skimming price and High penetration pricing | | C) | Cost-plus pricing and Low penetration pricing | | D) | Cost-plus pricing and High penetration pricing | | | | | Q. 5 | The phases of Business Cycle are:
1. Expansion
2. Contraction
3. Recession
4. Revival or Recovery |
| | A) | 1 and 2 |
| B) | 3 and 4 | | C) | 1, 2 and 3 | | D) | 1, 2, 3 and 4 | | | |
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