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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 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 | | | | | Q. 2 | The different types of goals of a firm are:
1. Supply goal
2. Inventory goal
3. Sales goal
4. Markets share goal
5. Profit goal |
| | A) | 1, 2, 3 and 5 |
| B) | 2, 3, 4 and 5 | | C) | 1, 3, 4 and 5 | | D) | 1, 2, 3, 4 and 5 | | | | | Q. 3 | Exceptions to the Law of Supply are:
1. To clear the stock the seller may sell even
when the prices are low, but it usually happens in
the short run
2. Change in technology affects the cost of
production and the supply is influenced in |
| | A) | 1 and 3 |
| B) | 1, 3 and 4 | | C) | 2 and 4 | | D) | 1, 2, 3 and 4 | | | | | Q. 4 | 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. 5 | Decisions that a manager need to take can
be classified into:
1. Decision relating to demand
2. Decision related to cost
3. Decision relating to price
4. Decision relating to profit management
5. Macro economic factor |
| | A) | 1, 2, 3, 4 |
| B) | 1, 2, 3, 4 | | C) | 1, 3, 4, 5 | | D) | 1, 2, 3, 4, 5 | | | |
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