vu eco404 Final Term - Quiz No.1
vu eco404 Managerial Economics Quiz
This quiz belongs to book/course code vu eco404 Managerial Economics of vu organization. We have 9 quizzes available related to the book/course Managerial Economics. This quiz has a total of 10 multiple choice questions (MCQs) to prepare and belongs to topic Final Term. NVAEducation wants its users to help them learn in an easy way. For that purpose, you are free to prepare online MCQs and quizzes.
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Question 1: We can estimate cost functions of the firm by using which of the following method?
Regression analysis
Cost analysis
Demand analysis
Supply analysis
Question 2: Y = a + bX + e In this regression equation, X is:
Dependent variable
Independent variable
Slack variable
Random variable
Question 3: Which of the following is a behavioral equation?
GNP = C + I + G
St = b0 + bt Rt + u1
Profit = TR x TC
None of the given options
Question 4: In which of the following situations, one company controls various links in the production chain from basic inputs to final output?
Vertical integration
Price discrimination
Dumping
Prisoners dilemma
Question 5: Firms are price makers in which of the following market structures?
Perfect competition
Monopoly
Monopolistic competition
Oligopoly
Question 6: The practice of charging different prices for different quantities of a good is known as:
Price discrimination
Monopoly power
Monoposony power
Cartel
Question 7: Ceteris paribus means:
Equal access to public transportation
Holding all other things constant
Holding all other things variable
Equal information of all public
Question 8: The solution which satisfies all the constraints is known as the:
Corner solution
Feasible solution
Non feasible solution
Wrong solution
Question 9: St = S0 + bt is an example of:
Linear trend analysis
Growth trend analysis
Non linear trend analysis
Qualitative analysis
Question 10: If cross price elasticity of demand between two goods is zero, it means that:
Goods are Independent
Goods are complements
Goods are substitutes
Goods are inferior
