Match the items of List-I with the items of List-II and find the correct combination.
| List-I (Market Structure) | List-II (Nature of industry where prevalent) |
| a. Perfect competition | 1. Aluminium and passenger cars |
| b. Oligopoly | 2. Public utilities like Telephones and Electricity |
| c. Monopoly | 3. Manufacturing: T.V. Sets, Refrigerators |
| d. Monopolistic competition | 4. Farm Products: Grains |
A. a-1, b-2, c-3, d-4
B. a-4, b-1, c-2, d-3
C. a-3, b-4, c-1, d-2
D. a-2, b-3, c-4, d-1
Answer: Option B
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

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