A company supplies 20 units of a particular product per month, at a price of Rs. 10 per unit. If price elasticity of supply is 5, how many units would the company supply at a price of Rs. 15?
A. 50
B. 70
C. 40
D. 5
Answer: Option B
A. 50
B. 70
C. 40
D. 5
Answer: Option B
The emphasis of managerial economics is on
A. Bonus theory
B. Normative theory
C. System theory
D. Accounting theory
Which is not the subject of Managerial Economics?
A. Accounting Theory
B. Pricing Decision, Policies and Practices
C. Capital Management
D. Profit Management
Which is not covered under the scope of managerial economics?
A. Profit management
B. Accounting theory
C. Pricing policies
D. Production analysis
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