The imposition of a ceiling on a monopolist's price will affect his
A. Equilibrium output only
B. Average revenue in the short-run only
C. Profits only
D. Equilibrium output and profits
Answer: Option D
A. Equilibrium output only
B. Average revenue in the short-run only
C. Profits only
D. Equilibrium output and profits
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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