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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 - C
| Q. 1 | The different types of Cost are:
1. Opportunity cost
2. Explicit and Implicit cost
3. Sunk, incremental cost and marginal cost
4. Direct and Indirect cost
5. Fixed and Variable cost |
| | A) | 1, 2, 3, 4 |
| B) | 1, 2, 3, 5 | | C) | 1, 3, 4, 5 | | D) | 1, 2, 3, 4, 5 | | | | | Q. 2 | The criticisms in Marris Growth Maximization
Model are:
1. This model does not tell anything about how
the prices are determined; it only assumes that
the price is given
2. They ignore interdependence in oligopoly
market structure |
| | A) | 1, 2, 3 and 4 |
| B) | 3, 4, 5 and 6 | | C) | 1, 2, 5 and 6 | | D) | All of the above | | | | | Q. 3 | State the True points with respect to Lags
In Fiscal Policy:
1. Fiscal Policy has lags both inside and outside
lag
2. Inside lag of fiscal policy is longer than
monetary policy, but has shorter outside lag
3. Any significant change |
| | A) | 1, 2, 3, 4 |
| B) | 3, 4, 5, 6 | | C) | 1, 2, 5, 6 | | D) | All of the above | | | | | Q. 4 | State the True points with respect to Dead
Weight Loss:
1. A Dead Weight Loss is a permanent loss of
well being of the society
2. It occurs when equilibrium for a commodity is
not Pareto Optimal
3. Monopoly leads to lack of economi |
| | A) | 1, 2, 3, 4 |
| B) | 2, 3, 4, 5 | | C) | 1, 3, 4, 5 | | D) | 1, 2, 3, 4, 5 | | | | | Q. 5 | The Survey Methods of Demand Forecasting
are:
1. Expert’s Opinion Survey
2. Consumer’s Interview
3. Trend Method
4. Regression Method
5. Leading Indicator
6. Simulation Equation |
| | A) | 1, 2, 3, 4 |
| B) | 3, 4, 5, 6 | | C) | 1, 2, 5, 6 | | D) | All of the above | | | |
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