Scribd Logo
Upload

Welcome to Scribd!

  • 13 views

    Question Bank (UNIT 1 & 2)

    Uploaded by

    Saurabh shahi
    This document contains 27 questions related to the concepts of managerial economics covered in units 1 and 2. The questions cover topics such as the relationship between managerial economics and other disciplines like economics, mathematics, and statistics; the law of demand and exceptions; determinants of demand; elasticity of demand; and the role of managerial economists. The questions are meant to test understanding of fundamental concepts in managerial economics and how it can inform business decision making.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd

    Question Bank (UNIT 1 & 2)

    Uploaded by

    Saurabh shahi
    13 views1 page
    This document contains 27 questions related to the concepts of managerial economics covered in units 1 and 2. The questions cover topics such as the relationship between managerial economics and other disciplines like economics, mathematics, and statistics; the law of demand and exceptions; determinants of demand; elasticity of demand; and the role of managerial economists. The questions are meant to test understanding of fundamental concepts in managerial economics and how it can inform business decision making.

    Original Title

    Question Bank(UNIT 1 & 2)

    Copyright

    © © All Rights Reserved

    Available Formats

    PDF, TXT or read online from Scribd

    Did you find this document useful?

    Is this content inappropriate?

    This document contains 27 questions related to the concepts of managerial economics covered in units 1 and 2. The questions cover topics such as the relationship between managerial economics and other disciplines like economics, mathematics, and statistics; the law of demand and exceptions; determinants of demand; elasticity of demand; and the role of managerial economists. The questions are meant to test understanding of fundamental concepts in managerial economics and how it can inform business decision making.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Download as pdf or txt
    13 views1 page

    Question Bank (UNIT 1 & 2)

    Uploaded by

    Saurabh shahi
    This document contains 27 questions related to the concepts of managerial economics covered in units 1 and 2. The questions cover topics such as the relationship between managerial economics and other disciplines like economics, mathematics, and statistics; the law of demand and exceptions; determinants of demand; elasticity of demand; and the role of managerial economists. The questions are meant to test understanding of fundamental concepts in managerial economics and how it can inform business decision making.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Download as pdf or txt
    of 1

    QUESTION BANK

    UNIT 1 & 2

    1. How is Managerial Economics, related to Economics, Mathema cs and Sta s cs?


    2. What is law of demand? Also Explain some excep ons to the law of demand.
    3. Discuss the scope of managerial economics.
    4. Differen ate between managerial economics & economics.
    5. What do you mean by income elas city? Also explain the type of income elas city.
    6. Discuss the different factors which affects the demand.
    7. What is meant by managerial economics? How is it helpful to a business firm in decision
    making?
    8. Managerial economics works on some fundamental principles. Elucidate.
    9. Explain the fundamental concepts of managerial economics.
    10. Elaborate the significance of elas city of demand for managerial decision making.
    11. Explain the role and func ons of managerial economist in present compe ve scenario.
    12. “Do microeconomics and macroeconomics really complement each other”? Comment on
    the statement.
    13. Define demand and factors effec ng demand of a commodity.
    14. Define managerial economics. Discuss the rela onship of managerial economics with other
    disciplines.
    15. State the law of demand. What are the excep ons to it?
    16. Discuss the main characteris cs of Managerial Economics.
    17. Q. How Managerial Economics differs from Economics.
    18. Explain the important determinants of demand.
    19. What do you understand by a change in demand?
    20. Differen ate between managerial economics & economics.
    21. Dis nguish between price elas city, income elas city and cross elas city of demand.
    22. Discuss the rela onship of Managerial economics with other disciplines.
    23. Discuss the different characteris cs of managerial economics.
    24. Discuss the rela onship of Managerial economics with other disciplines.
    25. Discuss the different characteris cs of managerial economics.
    26. Discuss the rela onship of Managerial economics with other disciplines.
    27. Discuss the different characteris cs of managerial economics.

    You might also like