An economy that allocates resources through interaction of household demand and supply of all the firms is called
A. market economy
B. social economy
C. business economy
D. open economy
Answer: Option A
A. market economy
B. social economy
C. business economy
D. open economy
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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