Managerial Economics Quiz
Authored by MARIYAPPAN N
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35 questions
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1.
MULTIPLE CHOICE QUESTION
20 sec • 10 pts
Economics is primarily concerned with:
Unlimited resources and limited wants
Unlimited wants and limited resources
Fixed income and expenditure
Maximizing wealth without work
2.
MULTIPLE CHOICE QUESTION
20 sec • 10 pts
Managerial Economics mainly helps in:
Reducing taxes
Hiring managers
Making business decisions
Social work
3.
MULTIPLE CHOICE QUESTION
20 sec • 10 pts
Which of the following is a scope of Managerial Economics?
Ritual planning
Demand forecasting
Disaster relief
Weather reporting
4.
MULTIPLE CHOICE QUESTION
20 sec • 10 pts
Managerial Economics is a ______ discipline.
Theoretical
Descriptive
Normative and pragmatic
Legal
5.
MULTIPLE CHOICE QUESTION
20 sec • 10 pts
The study of individual consumer and firm behavior falls under:
Macroeconomics
International economics
Microeconomics
Econometrics
6.
MULTIPLE CHOICE QUESTION
20 sec • 10 pts
Which of the following is NOT a factor of production?
Land
Demand
Capital
Labor
7.
MULTIPLE CHOICE QUESTION
20 sec • 10 pts
Which factor of production involves natural resources?
Labor
Capital
Land
Entrepreneurship
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