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Managerial Economics-I Sample Exam Questions

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84 Managerial Economics Essay Topic Ideas & Examples

🏆 best managerial economics topic ideas & essay examples, 🔎 good research topics about managerial economics, 👍 simple & easy managerial economics essay titles, ❓ managerial economics essay questions.

  • Louis Vuitton Company’ Managerial Economic As the analysis of the company’s current position in the retail market and the strategies adopted by its leader show, LV will have to alter some of its marketing and leadership-related principles as well as […]
  • Strategic Bargaining in Managerial Economics The bargaining party with the most leverage stands to gain a 75% advantage from the negotiations if they choose to commit to a strategy in a “game of chicken”.
  • Marginal Analysis: Managerial Economics It is based on the study of the causal relationship between sales, costs, and profit and the division of costs into fixed and variable.
  • Managerial Economics: Solving the Principal Agent Problem The five forces framework is aimed to analyze the level of competition within a particular industry in order to draw conclusions about the profitability of this industry and, consequently, the profitability of organizations that operate […]
  • Bank of America: Managerial Economics and Analysis The article also integrates how the economic situation of today affects the strategic decisions made by the company and the managerial economics exhibited in the company.
  • Managerial Economics – A Pharmaceutical Company There are also other factors to take into consideration, such as the market value of a future product and the costs of the research.
  • Managerial Economics and Demand Effective demand refers to the desire to buy, the willingness to pay, and the ability to pay for goods and services.
  • The Epix Firm’s Managerial Economics and Business Strategy Currently, the subscribers in the movie channels are price sensitive and less likely to see the value of the new program tiers or media channels.
  • Managerial Economics: Unilever Corporation Market demand, which refers to the demand for a group of products that represent industry, is distinguishable from company demand and the demand of a control unit.
  • Managerial Economics: Pepsi Cola Company Whether the conflict between the three divisions hinder the company to compete in the market; Whether the present structure is cost-competitive; and Whether the present organizational structure will be able to meet the challenge posed […]
  • Global Managerial Economics in Different Nations Nations more open to the world economy score above the less globalized countries in respect for the rule of law and protection of property rights.
  • Managerial Economics Conceptions Therefore, it will appear that the total amount of the fee is $20,000 and that the student pays less than half of the fees.
  • Value Creation & Conflict Resolution in Management Value could be created by lowering the cost of production and changing the prices of substitutes to increase demand. The first step is to diagnose the cause of the conflict by listening to the involved […]
  • Managerial Economics and Its Principles It is the cost assigned to one unit of the product produced by the company. In such a market, the MR curve is horizontal, and it is equal to the price.
  • Managerial Economics and Organizational Architecture Leadership is essential not only in the proactive transformational change within the organization but also in the achievement of the organizational goals and objectives.
  • Etihad Airways Company Managerial Economics The ruler of Abu Dhabi appoints the chief executive of the airline who in turn runs the affairs of the airline. The second competitive advantage of Etihad Airways is the preferential treatment the airline receives […]
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  • The Interplay of Intuition, Luck, and Knowledge in Factor Markets in Emerging Economies
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  • What Is the Nature and Scope of Managerial Economics?
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  • What Is Managerial Economics Related With?
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  • What Are the Different Areas of Managerial Economics?
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  • What Are the Central Problems of an Economy in Managerial Economics?
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  • Can Novice Entrepreneurs Self-Educate Themselves in Managerial Economics Concepts Run Successful Enterprises?
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Mcqmate logo

170+ Managerial Economics Solved MCQs

1.
A. they could intersect
B. they are convex to origin
C. they are
D. they exhibit higher levels of utility d. as you move from the origin
Answer» B. they are convex to origin
2.
A. the marginal utility derived from each commodity is equal.
B. the marginal utility derived from each product consumed is zero.
C. the total utility derived from each commodity consumed is equal.
D. the marginal utilities derived from each commodity consumed are proportional
Answer» D. the marginal utilities derived from each commodity consumed are proportional
3.
A. shows that as a consumer has more of a good he/she is less willing to exchange it for one unit of another good.
B. shows all combinations of goods that give a consumer in same level of utility
C. shifts out if income increases
D. both b and c
Answer» B. shows all combinations of goods that give a consumer in same level of utility
4.
A. consumers income
B. indifference map
C. ratio of the prices of the goods
D. marginal rate of substitution.
Answer» C. ratio of the prices of the goods
5.
A. the amount of goods consumed and a consumer utility.
B. income and a consumer utility.
C. prices and consumers utility.
D. maximum utility and the price and income facing a consumer.
Answer» A. the amount of goods consumed and a consumer utility.
6.
A. granting credit on liberal terms
B. raising bank rate
C. demonetization
D. none of these
Answer» B. raising bank rate
7.
A. promotion of industries
B. social securities
C. granting of credit to poor on concessional rate
D. none of these
Answer» B. social securities
8.
A. unemployment
B. poverty
C. inequality of income
D. industrial backwardness
Answer» C. inequality of income
9.
A. underemployment
B. disguised unemployment
C. cyclical unemployment
D. none of these
Answer» A. underemployment
10.
A. burden on the government
B. loss of income and respect
C. wastages of resources
D. none of these
Answer» B. loss of income and respect
11.
A. seasonal unemployment
B. frictional unemployment
C. structural unemployment
D. none of these
Answer» C. structural unemployment
12.
A. unemployment
B. population pressure
C. inflation
D. decreasing trend of foreign capital
Answer» D. decreasing trend of foreign capital
13.
A. industry
B. agriculture
C. service
D. none of these
Answer» C. service
14.
A. marshal
B. robins
C. hh ghosen
D. none of these
Answer» B. robins
15.
A. marshal
B. hh ghosen
C. bhentham
D. none of these
Answer» A. marshal
16.
A. consumer surplus
B. diminishing marginal utility
C. diminishing marginal rate of substitution
D. none of these
Answer» C. diminishing marginal rate of substitution
17.
A. marshal
B. robins
C. adam smith
D. none of these
Answer» C. adam smith
18.
A. price theory
B. income theory
C. demand theory
D. none of these
Answer» A. price theory
19.
A. macro economics
B. micro economics
C. economics
D. none of these
Answer» A. macro economics
20.
A. marshal
B. ricardo
C. robins
D. adam smith
Answer» D. adam smith
21.
A. global economics
B. macro economics
C. positive economics
D. micro economics
Answer» B. macro economics
22.
A. necessity
B. luxury
C. substitute
D. complement
Answer» B. luxury
23.
A. positive good
B. normal good
C. elastic good
D. inferior good
Answer» D. inferior good
24.
A. normal goods
B. substitutes
C. elastic goods
D. unrelated
Answer» B. substitutes
25.
A. income effect
B. substitution effect
C. price effect
D. none of these
Answer» B. substitution effect
26.
A. the consumers suddenly want more of the goods
B. the consumers level of income falls
C. the price of the product falls
D. more buyers of the goods enter the market
Answer» C. the price of the product falls
27.
A. inferior goods
B. normal goods
C. complementary goods
D. substitute goods
Answer» C. complementary goods
28.
A. the law of diminishing marginal utility
B. the income effect
C. substitution effect
D. all of the above
Answer» D. all of the above
29.
A. giffen goods
B. inferior goods
C. normal goods
D. superior
Answer» C. normal goods
30.
A. consumers interview method
B. expert opinion method
C. barometric method
D. collective opinion method
Answer» C. barometric method
31.
A. trend projection method
B. substitute approach
C. sales experience approach
D. evolutionary approach
Answer» A. trend projection method
32.
A. downward sloping
B. convex
C. negative slope
D. positive slope
Answer» D. positive slope
33.
A. cobb doubglas production fuction
B. homogeneous production function
C. linear homogeneous production function
D. none of these
Answer» C. linear homogeneous production function
34.
A. law of diminishing returns
B. law of constant returns to scale
C. law increasing returns to scale
D. none of these
Answer» A. law of diminishing returns
35.
A. raw material
B. power
C. equipment
D. none of these
Answer» C. equipment
36.
A. opportunity cost
B. sunk cost
C. historical cost
D. none of these
Answer» A. opportunity cost
37.
A. opportunity cost
B. implicit cost
C. social cost
D. explicit cost
Answer» D. explicit cost
38.
A. volume of production decreases
B. volume of production increases
C. variable cost per unit decreases
D. none of these
Answer» A. volume of production decreases
39.
A. remains fixed
B. varies with the volume of production
C. varies with sales
D. none of these
Answer» B. varies with the volume of production
40.
A. are independent of each other’s action
B. can each influence the market price
C. charge a price equal to marginal revenue
D. all of these
Answer» B. can each influence the market price
41.
A. another name for monopoly
B. special type of monopolistic competition
C. two firm oligopoly
D. none of these
Answer» C. two firm oligopoly
42.
A. perfect competition
B. monopolistic competiton
C. monopoly
D. none of these
Answer» B. monopolistic competiton
43.
A. establishing rules of domestic trade
B. restricting trade practices
C. liberalizing international trade
D. none of these
Answer» D. none of these
44.
A. liberalization
B. investment
C. favourable trade
D. free trade
Answer» A. liberalization
45.
A. establishing rules for domestic trade
B. restricting trade practices
C. liberalizing international trade
D. none of these
Answer» C. liberalizing international trade
46.
A. foreign trade in goods that are banned by the government.
B. transfer of money without actually moving it
C. illegal drug trade at the international level
D. conversion of black money into white money
Answer» B. transfer of money without actually moving it
47.
A. granting of credit on liberal terms
B. raising bank rate
C. demonetization
D. none of these
Answer» B. raising bank rate
48.
A. promotion of industries
B. social securities
C. granting of credit to poor on concessional rates
D. none of these
Answer» B. social securities
49.
A. unemployment
B. poverty
C. nequality of income
D. industrial backwardness
Answer» C. nequality of income
50.
A. burden on the government
B. loss of income and respect
C. wastage of resources
D. none of these
Answer» B. loss of income and respect
51.
A. seasonal unemployment
B. frictional unemployment
C. structural unemployment
D. none of these
Answer» C. structural unemployment
52.
A. unemployment
B. population pressure
C. inflation
D. decreasing trend of foreign capital
Answer» D. decreasing trend of foreign capital
53.
A. industry
B. agriculture
C. service
D. none of these
Answer» C. service
54.
A. flexible exchange rate system
B. fixed exchange rate system
C. managed floating exchange rate system
D. none of these
Answer» B. fixed exchange rate system
55.
A. current account
B. fixed account
C. long term account
D. financial account
Answer» D. financial account
56.
A. always produce primary goods
B. always produce manufactured goods
C. always produce service,
D. may produce primary or manufactured goods
Answer» D. may produce primary or manufactured goods
57.
A. raise the standard of education
B. to promote unemployment in the public sector
C. to build up special economic zones
D. both a & b
Answer» C. to build up special economic zones
58.
A. fdi
B. fii
C. bop
D. sdr
Answer» A. fdi
59.
A. textile industry
B. consumer goods industry
C. it industry
D. hazardous and environmentally sensitive industry
Answer» D. hazardous and environmentally sensitive industry
60.
A. cheap goods,
B. cheap labour resources
C. economic sustainability
D. none of these.
Answer» B. cheap labour resources
61.
A. amul
B. britannia
C. parakh foods
D. dabur
Answer» C. parakh foods
62.
A. mahindra and mahindra
B. tata motors
C. maruthi suzuki
D. hindustan motors
Answer» A. mahindra and mahindra
63.
A. determines prices of products in different countries
B. decreases competition between countries
C. makes a country dependent on the other
D. none of these
Answer» A. determines prices of products in different countries
64.
A. lesser competition among producers
B. greater competition among producers
C. no competition between producers
D. none of these
Answer» B. greater competition among producers
65.
A. chinese toy makers will benefit
B. indian toy makers will proposer
C. chinese toys will remain cheap,
D. indian consumers will buy more chinese toys
Answer» B. indian toy makers will proposer
66.
A. foreign investment
B. delay or damage of goods
C. tax on imports
D. none of these
Answer» C. tax on imports
67.
A. footwear
B. automobile
C. jewellery
D. clothing and accessories
Answer» B. automobile
68.
A. Keep the federal budget balanced
B. Keep the federal high employment budget balanced
C. Help to reduce the severity of recessions and inflationary boom periods
D. Increases structural deficits over the business cycle
Answer» C. Help to reduce the severity of recessions and inflationary boom periods
69.
A. Higher the MPC out of disposable income
B. Lower the MPC out of disposable income
C. Highest the autonomous expenditure multiplier
D. lower the autonomous expenditure multiplier
Answer» D. lower the autonomous expenditure multiplier
70.
A. 1
B. -2.
C. 2.5
D. 2
Answer» B. -2.
71.
A. -20 units
B. 10 units
C. 20 units
D. 40 units
Answer» C. 20 units
72.
A. Be 0.1
B. Fall as income falls
C. Vary negatively with income
D. Be -20 _0.1
Answer» B. Fall as income falls
73.
A. Should require actual deficits be equal to zero on average
B. Should go into a surplus at appropriate points in the business cycle.
C. Cannot have a structural deficit component
D. Both a & b
Answer» B. Should go into a surplus at appropriate points in the business cycle.
74.
A. -1
B. +1
C. -1.5
D. -2
Answer» C. -1.5
75.
A. 10 units
B. 11.2 units
C. 22.4 units
D. 30 units
Answer» B. 11.2 units
76.
A. Rate of inflation prior to an election.
B. Level of economic activity.
C. “Favourite son syndrome.
D. Campaign issues
Answer» B. Level of economic activity.
77.
A. Politicians are viewed as working only for their own welfare.
B. There are two parties with flexible goals
C. Moderates and liberals often switch political goals
D. Macroeconomic policy is not a key focus of most politicians
Answer» A. Politicians are viewed as working only for their own welfare.
78.
A. Even the earliest political business cycle and partisan models assume that expectations were rational
B. The partisan model of fiscal policy cannot be modified to be consistent with rational expectations
C. The myopic, or short-sighted behaviour of voters is inconsistent with rational expectations
D. The earliest political business cycle models assumed that expectations were always rational, whereas the partisan model assumed that expectations were sometimes irrational.
Answer» C. The myopic, or short-sighted behaviour of voters is inconsistent with rational expectations
79.
A. Results in a decline in the federal budget deficit that lessens the fall in income
B. Results in a rise in the federal deficit that lessens the fall in income
C. Requires the federal government to balance the budget
D. Will lead to a permanent increase in the budget deficit
Answer» B. Results in a rise in the federal deficit that lessens the fall in income
80.
A. Increase cyclical but not structural deficits during a recession
B. Reduce cyclical and structural deficits during a recession
C. Increase structural deficits during a recession
D. Maintain a balanced budget in case of national emergency
Answer» A. Increase cyclical but not structural deficits during a recession
81.
A. Indirect business taxes
B. Corporate income taxes
C. Inheritance taxes
D. Personal income taxes
Answer» D. Personal income taxes
82.
A. $180 billion
B. $120 billion
C. $220 billion
D. $80 billion
Answer» D. $80 billion
83.
A. Directly attributable to the long-run behaviour of the economy
B. Not directly attributable to the cyclical behaviour of the economy
C. The result of permanent decisions policymakers have made about tax rates, the level of government spending, and benefit levels for transfer programs.
D. Both b and c
Answer» D. Both b and c
84.
A. An easy-fiscal tight-monetary policy reduces the trade deficit, such as what occurred during the 1980s
B. An easy-fiscal tight-monetary policy mix affects the composition of output by encouraging imports of foreign goods and discouraging U.S. exports, as was experienced during the 1980s
C. There was not a link between the rising government budgetary deficit and the rising trade deficit during the mid-1980s
D. Budget deficits and trade deficits should not be a source of concern
Answer» B. An easy-fiscal tight-monetary policy mix affects the composition of output by encouraging imports of foreign goods and discouraging U.S. exports, as was experienced during the 1980s
85.
A. There were a number of proposals for tax increases or spending cuts to stir the economy, but the failed due to worries about their effects on the already largedeficit
B. A series of tax cuts were passed, though the only occurred in late 2001
C. All the proposed tax and spending cuts were approved in order to motivate the economy and reduce the large deficit
D. The cyclical deficit increased but the structural deficit remained unchanged
Answer» B. A series of tax cuts were passed, though the only occurred in late 2001
86.
A. Will always respond to inflation with expansionary policies but will respond to unemployment with restrictive policies
B. Will actively respond to inflation with restrictive policies but are reluctant to respond to unemployment with expansionary policies
C. Will always respond to both inflation and unemployment with expansionary policies
D. None of the above
Answer» D. None of the above
87.
A. Expansionary monetary policy and expansionary fiscal that leads to budget deficits create low interest rates
B. High interest rates in the first half of the 1980s resulted from falls in the budget deficit under the Reagan administration
C. The best monetary-fiscal policy mix to keep interest rates low would be to raise taxes and raise the money supply
D. The answer depends upon the school of thought used to evaluate the effects of deficit policies
Answer» D. The answer depends upon the school of thought used to evaluate the effects of deficit policies
88.
A. be higher than before
B. be lower than before
C. remain constant
D. none of the above
Answer» C. remain constant
89.
A. average taxes falls and the surplus declines
B. average taxes rises and the deficit increases
C. average taxes falls and the deficit declines
D. average taxes and the deficit do not change
Answer» C. average taxes falls and the deficit declines
90.
A. Is composed by of non discretionary spending by the federal government
B. Results from the economy being below is natural rate of output
C. Exists when output is at its natural rate of output
D. Results from temporary tax cuts
Answer» C. Exists when output is at its natural rate of output
91.
A. Increases exports and decreases imports
B. Decreases exports and increases imports
C. Encourages foreign capital inflows to the U.S.
D. Both b and c
Answer» D. Both b and c
92.
A. That results form the economy being below the natural rate of output
B. That would exist even if the economy were at its natural rate of output
C. Is a function of the level of automatic stabilizers
D. Both a & c
Answer» D. Both a & c
93.
A. The total deficit
B. The cyclical deficit
C. The structural deficit
D. Monetary policy
Answer» B. The cyclical deficit
94.
A. Budget deficits are irrelevant to output in the short-run
B. Higher deficits should increase output in the short run if they are expected
C. Lower deficits can be used to stabilize output during expansions
D. None of these
Answer» A. Budget deficits are irrelevant to output in the short-run
95.
A. A.C Pigou
B. D. Ricardo
C. Gunnar Myrdal
D. Lionel Robbins
Answer» C. Gunnar Myrdal
96.
A. Deductive method
B. Inductive method
C. Both of above
D. None of these
Answer» B. Inductive method
97.
A. Services
B. Industry
C. Agriculture
D. None of these
Answer» C. Agriculture
98.
A. Entrepreneur
B. Worker
C. Landlord
D. None of these
Answer» C. Landlord
99.
A. Laissez Faire
B. Division of Labour
C. Both of these
D. None of these
Answer» C. Both of these
100.
A. A shift in demand
B. A fall in demand
C. A rise in the consumer’s real income
D. A fall in the consumer’s real income
Answer» C. A rise in the consumer’s real income

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managerial economics assignment questions

MMPC-010 Managerial Economics Previous Year Question Papers

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  1. Managerial Economics Assignment

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    Individual Assignment on Managerial Economics for MBA ID NO: QUESTIONS WITH ANSWERS 1. Provide precise for the following questions: (2 Pts each) a) The traditional theory of the firm vs the modern theory of the firm Traditional theory of the firm The traditional theory of the firm is based on classical economics and the work of early economists, such as David Ricardo and Leon Walrus.