Managerial Economics

Home

Competitive Exams

Aptitude English Verbal Reasoning Non Verbal Reasoning General Knowledge(GK) General Science(GS) Data Interpretation(DI) Banking Awareness Current Affairs

Computer & Programming

Computer Fundamentals Networking SQL Database C Programming C++ Programming Java Python

Other Subjects

Commerce Management Law Political Science Psychology Agriculture

Exam Categories

SSC Exams Railway Exams All Exams

Popular Exams

SSC CGL SSC CHSL SSC MTS Railway Group D RRB ALP RRB Technician RRB Section Controller

Engineering Subjects

Computer Science Electronics & Communication Mechanical Engineering Civil Engineering Electrical Engineering

More Engineering

Chemical Engineering Automobile Engineering Biotechnology Mining Engineering Geological Engineering

Engineering Core

Engineering Mathematics Engineering Physics Engineering Chemistry Metallurgical Engineering

Computer Fundamentals

Computer Fundamentals Networking Database SQL MySQL

Programming

C Programming C++ Programming Java Python PHP JavaScript

Advanced

Artificial Intelligence Machine Learning Data Science Cloud Computing Hadoop IoT

Graduation & PG

Commerce Management Law Mass Communication Political Science Psychology

Resources

Current Affairs Interview Blog

Each section contains 100 MCQs on Managerial Economics .

Match the following.

List-I	List-II
a. Increasing cost industry	1. Negatively sloped long run supply curve
b. Decreasing cost industry	2. Positively sloped long run supply curve
c. Constant cost industry	3. Horizontal long run supply curve

A) a-3, b-1, c-2 B) a-3, b-2, c-1 C) a-2, b-3, c-1 D) a-2, b-1, c-3

Discuss

Answer & Solution

Answer: Option D

No explanation is given for this question. Let's Discuss on Board

The market share data for an industry, comprising five companies, is given below.

Company	Market Share (%)
A	35
B	25
C	18
D	12
E	10

This industry's three-firms Herfindahl-Hirschman index shall be

A) 0.234 B) 0.217 C) 0.151 D) 0.0175

Discuss

Answer & Solution

Answer: Option B

No explanation is given for this question. Let's Discuss on Board

"Production" may be defined as an act of

A) Creating utility B) Destroying utility C) Earning profit D) Providing services

Discuss

Answer & Solution

Answer: Option A

No explanation is given for this question. Let's Discuss on Board

Risk neutrality implies a

A) constant utility of income B) constant marginal utility of income C) diminishing marginal utility of income D) increasing marginal utility of income

Discuss

Answer & Solution

Answer: Option B

No explanation is given for this question. Let's Discuss on Board

Other things being equal, a decrease in the quantity supplied to the market at given prices leads to

A) A higher price and a contraction of demand B) A lower price and a contraction of demand C) A higher price and an expansion of demand D) A lower price and an expansion of demand

Discuss

Answer & Solution

Answer: Option A

No explanation is given for this question. Let's Discuss on Board

Given:

The above curve is a:

A) Demand curve B) Product curve C) Price curve D) Profit curve

Discuss

Answer & Solution

Answer: Option A

No explanation is given for this question. Let's Discuss on Board

In all forms of imperfect competition the average revenue curve facing the individual slopes

A) Horizontally B) Downward C) Upward D) Vertically

Discuss

Answer & Solution

Answer: Option B

No explanation is given for this question. Let's Discuss on Board

In perfect competition, there is a process of

A) Restricted entry and exit of the firms B) Free entry and free exit of the firms C) Free entry but restricted exit of the firms D) Semi-free exit but absolute free entry

Discuss

Answer & Solution

Answer: Option B

No explanation is given for this question. Let's Discuss on Board

"Steps downwards at first and then upwards". It is the movement of

A) TFC curve B) AVC curve C) TVC curve D) TC curve

Discuss

Answer & Solution

Answer: Option C

No explanation is given for this question. Let's Discuss on Board

A company supplies 20 units of a particular product per month, at a price of Rs. 10 per unit. If price elasticity of supply is 5, how many units would the company supply at a price of Rs. 15?

A) 50 B) 70 C) 40 D) 5

Discuss

Answer & Solution

Answer: Option B

No explanation is given for this question. Let's Discuss on Board

1 2 3 4 5 6 7 8 9 10