Managerial Economics

Examination Paper Semester I: Managerial Economics IIBM Institute of origin Management IIBM Institute of Business Management Semester-1 Examination Paper MM.100 Managerial Economics division A: Objective Type (30 marks) ??This section consists of multiple choices & adenine; Short notes type questions. ??Answer all the questions. ??Part star carries 1 mark each & angstrom unit; Part cardinal carries 5 marks each. Part one: Multiple choices: 1. It is a study of economy as a whole a. Macroeconomics b. Microeconomics c. Recession d. Inflation 2. A wide formulation which specifies the factors that influence the demand for the product a. Market demand b. accept schedule c. Demand function d. Income effect 3. It is computed when the data is discrete and therefore incremental changes is measurable a. Substitution effect b. curl elasticity c. Point elasticity d. Derived demand 4. Goods & serve used for final drug addiction is called a. Demand b. Consumer goods c. Producer goods d. Perishable goods 5. The curve at which satisfaction is advert at each point a. Marginal utility b. Cardinal measure of utility c. The calmness Curve d. Budget line 6. Costs that are reasonably expected to be incurred in some future period or periods a. forthcoming costs b. Past costs c.

Incremental costs d. Sunk costs 7. Condition when the firm has no tendency either to increase or to contract its output a. Monopoly b. Profit c. Equilibrium d. Market 8. fit market value of all finished goods & go produced in a year by a demesnes residents is known as a. National income b. pull in national product c. Gross domestic product d. Real GDP 9. The sum of net value of goods & services produced at market prices a. Government expenditure b. Product approach c. Income approach d. spending approach 10. The market value of all the final goods & services made within the borders of a nation in an year a. Globalization b.... If you exigency to get a full essay, order it on our website: Ordercustompaper.com

Ordercustompaper.com is a professional essay writing service at which you can buy essays on any topics and disciplines! All custom essays are written by professional writers!