Which is correct statement about GNP?
A. GNP at factor cost = GNP at market prices - Indirect taxes + subsidies
B. Wages + Dividend
C. GNP = Capital + Assets - Depreciation
D. GNP at market price = GDP + cost of capital
Answer: Option A
A. GNP at factor cost = GNP at market prices - Indirect taxes + subsidies
B. Wages + Dividend
C. GNP = Capital + Assets - Depreciation
D. GNP at market price = GDP + cost of capital
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
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