Match the items given in List-I with those given in the List-II and suggest the correct option.
| List-I | List-II |
| a. Marginal productivity/Average productivity | 1. Isoquant curve |
| b. Substitutability of inputs | 2. Isocost line |
| c. Constant negative slope | 3. Production Function |
| d. Convex to origin | 4. Elasticity of production |
A. a-1, b-2, c-3, d-4
B. a-2, b-1, c-4, d-3
C. a-4, b-3, c-2, d-1
D. a-3, b-4, c-1, d-2
Answer: Option C
This Question Belongs to Management >> Managerial Economics
Related Questions on Managerial Economics
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
Join The Discussion