Top 150+ Solved Managerial Economics MCQ Questions Answer
Q. The interrelation between innovations and investment opportunity was first pointed out by:
a. Schumpeter
b. Samuelson
c. T. R. Hicks
d. Torgenson
Q. Direct control refers to:
a. Trade and exchange controls
b. Interference with the operation of the market forces
c. Price and wage controls
d. All of these
Q. A situation where the firm is not in a position to recover its variable costs at theprevailing prices is known as:
a. Point of inflation
b. Equilibrium point
c. Optimum point
d. None of these
Q. Which of the following is a problem connected with general equilibrium analysis?
a. Uniqueness problem
b. Existence problem
c. stability problem
d. all of the above
Q. Who has suggested the utilization of “disguised unemployment” as a source ofsavings potential in underdeveloped countries?
a. W.A Lewis
b. Ragnar Nurkse
c. Gunnar Myrdal
d. K.K Kurihara
Q. The income consumption curve generally?
a. Slopes upwards to the right
b. Slopes downwards to the right
c. Slopes upwards to the left
d. Slopes downwards to the left
Q. The fundamental cause for the collapse of the Bretton woods system was:
a. The liquidity problem
b. The adjustment problem
c. The confidence problem
d. None of the above
Q. The traffic which maximizes a country’s economic welfare is called
a. Discriminatory traffic
b. Protective traffic
c. Optimum traffic
d. Non-Discriminatory traffic