When at a given price, the quantity demanded of a commodity is more than the quantity supplied, there will be
A. An upward pressure on price
B. Price will remain unaffected
C. A downward pressure on price
D. All of these
Answer: Option A
A. An upward pressure on price
B. Price will remain unaffected
C. A downward pressure on price
D. All of these
Answer: Option A
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
Join The Discussion