If a commodity sold under monopoly is got free of cost, MC curve will be
A. Identical with the X-axis
B. Identical with Y-axis
C. A horizontal straight line above X-axis
D. Identical with the MR
Answer: Option A
A. Identical with the X-axis
B. Identical with Y-axis
C. A horizontal straight line above X-axis
D. Identical with the MR
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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