Question

Emphasis is given more in managerial economics:
(a) On means
(b) On proofs
(c) On both of the above
(d) None of the above.
Which type of commodities do not increases demand due to decrease in
(a) Casual items
(b) Inductor items
(c) Giffin items
(d) Essential items.
ED=0 means that elasticity of demand:
(A) The absolute elasticity
(B) is equal to the unit
(C) The integer is elastic
(D) Less than unit
The law of decreasing returns:
(a) Applies only to industries (b) applies only to agriculture
etc) Does not apply at all to industries
(d) Annlies to every nomic
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Answer 1

1. a,b

2. c

3. d

4. b

Explanation:

these is true may be