Law of equi-marginal utility is also known as
A. Law of substitution
B. Law of maximum satisfaction
C. Gossen's second law
D. All of the above
Answer: Option D
A. Law of substitution
B. Law of maximum satisfaction
C. Gossen's second law
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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