At the point where a straight line from the origin is tangent to the TC curve, AC
A. Equals AVC plus AFC
B. Equals MC
C. Is minimum
D. All of the above
Answer: Option D
A. Equals AVC plus AFC
B. Equals MC
C. Is minimum
D. All of the above
Answer: Option D
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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