As a consumer increases his consumption of a commodity, the total utility he derives from its consumption increases, but at a diminishing rate. This is

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

Managerial economics is concerned with which combination of the following?
1. Investment analysis and decisions
2. Production behaviour and cost analysis
3. Input reward analysis and decisions
4. Economic environment analysis

A. 1, 2 and 3

B. 2, 3 and 4

C. 1, 2 and 4

D. 1, 3 and 4

Which is not covered under the scope of managerial economics?

A. Profit management

B. Accounting theory

C. Pricing policies

D. Production analysis