A high value of cross elasticity indicates that the two commodities are
A. very good substitutes
B. good complements
C. poor substitutes
D. poor complements
Answer: Option A
A. very good substitutes
B. good complements
C. poor substitutes
D. poor complements
Answer: Option A
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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