The elasticity of technical substitution is measured by
A. The ratio of factor inputs
B. The change in the slope of the Iso-quant
C. The slope of the Iso-quant
D. None of the above
Answer: Option D
A. The ratio of factor inputs
B. The change in the slope of the Iso-quant
C. The slope of the Iso-quant
D. None 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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