oObjective questions for managerial economics 1. rightful(a) or false: Economic paradox would non arise if resources do not have picking uses. 2. authentic or false: Robinson Cruso has unlimited land and prejudiced 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. fanny you give example of some(prenominal) connection earning profits as per the surmise of risk bearing 7. Can you give any example of a phoner earning profits as per the guess 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) variable s: per capita consumption, Satyams croak 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 inexpugnable is equal to: a.| the present mensurate of tangible assets.| b.| the present value of all early revenues.| c.| the present value of all future cash flows.| d.

| current revenues less current personifys.| 12. The value of the mansion decreases with a decrease in: a.| total revenue.| b.| the discount rate.| c.| the follow of capital.| d.| total cost.| 13. If two services provide the same s hape sense of satisfaction or utility, the c! onsumer is said to display: a.| aeonian fringy utility.| b.| indifference.| c.| cardinal utility.| d.| ordinal utility.| 14. A utility run for 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, secern it on our website:
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