oObjective questions for managerial economics 1. rightful(a) or false: Economic paradox would non arise if resources do not have pickax uses. 2. certain or false: Robinson Cruso has unlimited land and inbred resources to produce whatever he requires, thus he does not face every economic problem. 3. Positive or normative statement: Minimum wages cause unemployment. 4. Positive or normative statement: The government should lower income tax rate. 5. True or false: The impregnable exists only to maximize profits. 6. nates you give example of any connection earning profits as per the surmise of risk bearing 7. Can you give any example of a telephoner earning profits as per the possibility of monopoly 8. Can you give any example of a company earning profits as per the theory of Innovation 9. True or false: Can economic profits be lofty than accounting profits? 10. Classify between micro(m) and macro(M) variables: per capi ta consumption, Satyams run short to reduce the workforce, Govts decision to allow private area in power, Tata Motors incurring loss of Rs. 1300 crores. 11. The evaluate of a watertight is equal to: a.| the present prize of tangible assets.| b.| the present value of all approaching revenues.| c.| the present value of all future cash flows.| d.
| current revenues less current personifys.| 12. The value of the menage decreases with a decrease in: a.| total revenue.| b.| the discount rate.| c.| the constitute of capital.| d.| total cost.| 13. If two services provide the same progre ss to sense of satisfaction or utility, the ! consumer is said to display: a.| ceaseless fringy utility.| b.| indifference.| c.| cardinal utility.| d.| ordinal utility.| 14. A utility extend is: a.| additive, by definition.| b.| a descriptive statement that relates satisfaction or offbeat to the consumption of goods and services.| c.| multiplicative, by definition.| d.| can be neither additive nor...If you want to get a full essay, entrap it on our website:
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