The point which shows the maximum marginal product in the total product curve represents
A. Expansion path
B. Producer's equilibrium
C. Least cost combination
D. Point of inflexion
Answer: Option D
A. Expansion path
B. Producer's equilibrium
C. Least cost combination
D. Point of inflexion
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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