The short-run costfunction of a firm is as under: TC = 200 + 5Q + 2Q2 What will be the level of output at which AC and MC will be equal?
A. 20
B. 15
C. 10
D. 5
Answer: Option C
A. 20
B. 15
C. 10
D. 5
Answer: Option C
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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