Monopoly situation is not desirable mainly because of the monopolist.
A. Seeks to earn net revenue on the sale of all goods including those involving no cost of production
B. Is able to earn net revenue in all time periods
C. Is able to charge different prices from different categories of buyers
D. Will produce below its economic capacity level when it exhibits satisfaction with the normal profits only
Answer: Option D
This Question Belongs to Management >> 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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