51. A firm maximises its profit when
52. A set of all possible production combinations while producing two commodities is
53. An indifference curve is always
54. If more is demanded at the same price or the same quantity is demanded at a higher price, this is known as
55. Which is not the feature of oligopoly?
56. When at a given price, the quantity demanded of a commodity is more than the quantity supplied, there will be
57. Which of the following is called as the Gossen's First Law?
58. Other things remaining the same, when a consumer's income increases, his equilibrium point moves to
59. In the market-oriented system, for the allocation of resources which one of the following is the most appropriate conveyor of information?
60. Increasing returns to scale can be explained in terms of
Read More Section(Managerial Economics)
Each Section contains maximum 100 MCQs question on Managerial Economics. To get more questions visit other sections.