Managerial Economics MCQ Questions and Answers Quiz

11. A Joint Stock Company is managed by the Board of Directors elected by

  1. Top management
  2. Shareholders
  3. Employees of company
  4. None of the above

12. The cost recorded in the books of accounts are considered as

  1. Total cost
  2. Marginal cost
  3. Average cost
  4. Explicit cost

13. Under perfect competition, price is determined by the interaction of total demand and ..........

  1. Total supply
  2. Total cost
  3. Total utility
  4. Total production

14. The demand curve has a ............. slope

  1. Undefined
  2. Zero c
  3. Negative
  4. Positive

15. The short run Average Cost curve is ............shaped

  1. V
  2. U
  3. L
  4. Any of the above

MCQ Multiple Choice Questions and Answers on Managerial Economics

Managerial Economics Trivia Questions and Answers PDF

Managerial Economics Question and Answer

Spreading Knowledge Across the World

USA - United States of America  Canada  United Kingdom  Australia  New Zealand  South America  Brazil  Portugal  Netherland  South Africa  Ethiopia  Zambia  Singapore  Malaysia  India  China  UAE - Saudi Arabia  Qatar  Oman  Kuwait  Bahrain  Dubai  Israil  England  Scotland  Norway  Ireland  Denmark  France  Spain  Poland  and many more....