Code
No: 56023
Set No. 1
JAWAHARLAL NEHRU TECHNOLOGICAL
UNIVERSITY HYDERABAD III B.Tech. II Sem., I Mid-Term Examinations, February
– 2012
MANAGERIAL
ECONOMICS AND FINANCIAL ANALYSIS
Objective Exam
|
Answer All Questions. All Questions Carry Equal Marks.Time: 20 Min.
Marks: 10.
|
I
1.
|
Choose
the correct alternative:
Total utility is maximum
when [
|
]
|
|
|
|
(a) Marginal
utility is maximum (b)marginal utility is minimum
(c) marginal utility is zero (d)
marginal utility is less than average utility
|
|
|
|
2.
|
Which of the following
pairs of goods is an example
of substitutes [
(a) Tea and sugar (b) tea and coffee (c) Shirt and pant (d) car and petrol
|
]
|
|
|
3.
|
Which of the following has
highest consumer surplus
(a) Necessities (b) Luxury goods (c) comforts
|
[
(d) conventional necessities
|
]
|
|
4.
|
Demand for petrol is
|
|
|
[
|
]
|
|
|
(a) Elastic
|
(b) Inelastic
|
(c) Perfectly
Elastic
|
(d) perfectly inelastic
|
|
|
5.
|
If the price rises, the demand
|
|
[
|
]
|
|
|
(a) Rises (b) Falls
|
(c) First fall
and then rises
|
(d) First
rises and then falls
|
|
|
6.
|
If the company
wishes to elicit the opinion of all
the buyers
(a) Census method or total enumeration method
(c) Least Squares Method
|
this method is called
(b) sample method
(d) Expert opinion Method
|
[
|
]
|
|
|
7.
|
In Cobb-Douglas production
function “K”
(a) Land (b) Labour (c) capital
|
(d) organization
|
[
|
]
|
|
|
8.
|
What are the rewards for capital and labour?
|
|
[
|
]
|
|
|
(a) Wages, interest (b) Wage,
profits (c) Profits, interest (d)
interest, wages
|
|||||
|
9.
|
The costs that must be considered for decision making
are called
(a) Outlay costs (b) opportunity costs (c)
incremental costs
|
[
(d)
sunk costs
|
]
|
||
|
10.
|
The nature of demand
curve in monopoly is
|
|
[
|
]
|
|
|
(a) Perfect elastic (b) Unit Elasticity
|
(c) Inelastic
|
(d) None of
the above
|
|
Cont…….2
Code
No: 56023 :2: Set
No. 1
II Fill in the blanks
11. Economic
forecasting and foreward planning minimizes about
the future.
12. Managerial economics is close to economics
13. Goods which are used for further processing are called
14. One set of data is used to predict another set in forecasting
method.
15. Forecasting in terms of total
sales can be viewed as forecasts.
16. Cob-Douglas production function revealed returns to scale.
17. The ratio of input to output is called .
18. LAC is a flat shaped
curve.
19. Break-
even point is also called
20. The main
feature of monopolistic competition is .
-oOo-
Code
No: 56023 Set
No. 2
JAWAHARLAL NEHRU TECHNOLOGICAL
UNIVERSITY HYDERABAD III B.Tech. II Sem., I Mid-Term Examinations, February
– 2012
MANAGERIAL
ECONOMICS AND FINANCIAL ANALYSIS
Objective Exam
|
Answer All Questions. All Questions Carry Equal Marks.Time: 20 Min.
Marks: 10.
I Choose the correct alternative:
1. Demand for
petrol is
[ ] (a) Elastic (b) Inelastic (c) Perfectly Elastic (d) perfectly inelastic
2. If the price rises, the demand [ ] (a) Rises (b) Falls
(c) First fall and then rises (d) First rises and then falls
3. If the company wishes to elicit
the opinion of all the buyers this method is called [ ] (a) Census method or total enumeration
method (b) sample method
(c) Least Squares Method
(d) Expert opinion Method
4. In Cobb-Douglas production function
“K”
[ ] (a) Land (b) Labour (c) capital (d) organization
|
5.
|
What are the rewards for capital and labour?
|
|
[
|
]
|
|
|
(a) Wages, interest (b)
Wage, profits
|
(c) Profits, interest
|
(d) interest,
wages
|
|
|
6.
|
The costs that must be considered for decision making
are called
|
[
|
]
|
|
|
(a) Outlay
costs (b) opportunity costs (c) incremental
costs
|
(d) sunk costs
|
|
|
7.
|
The nature of demand
curve in monopoly is
|
|
[
|
]
|
|
|
(a) Perfect elastic (b) Unit Elasticity
|
(c) Inelastic
|
(d) None of
the above
|
|
|
8.
|
Total utility is maximum
when
|
[
|
]
|
|
|
(a) Marginal
utility is maximum
|
(b)marginal utility is minimum
|
|
|
|
(c) marginal utility is zero
|
(d) marginal utility is less than average utility
|
|
|
9.
|
Which of the following
pairs of goods is an example
of substitutes
|
[
|
]
|
|
|
(a) Tea and
sugar (b) tea and coffee (c) Shirt and pant
|
(d) car and
petrol
|
|
|
10.
|
Which of the following has
highest consumer surplus
|
[
|
]
|
|
|
(a)
Necessities (b)
Luxury goods (c) comforts
|
(d) conventional necessities
|
|
Cont…….2
Code
No: 56023
:2: Set No. 2
II Fill in the blanks
11. One set of data is used to predict another set in forecasting
method.
12. Forecasting in terms of total
sales can be viewed as forecasts.
13. Cob-Douglas production function revealed returns to scale.
14. The ratio of input to output is called .
15. LAC is a flat shaped
curve.
16. Break-
even point is also called
17. The main
feature of monopolistic competition is .
18. Economic
forecasting and foreward planning minimizes about
the future.
19. Managerial economics is close to economics
20. Goods which are used for further processing are called
-oOo-
Code
No: 56023
Set
No. 3
JAWAHARLAL NEHRU TECHNOLOGICAL
UNIVERSITY HYDERABAD III B.Tech. II Sem., I Mid-Term Examinations, February
– 2012
MANAGERIAL
ECONOMICS AND FINANCIAL ANALYSIS
Objective Exam
|
Answer All Questions. All Questions Carry Equal Marks.Time: 20 Min.
Marks: 10.
|
I
1.
|
Choose
the correct alternative:
If the company
wishes to elicit the opinion of all
the buyers
|
this method is called
|
[
|
]
|
|
|
|
(a) Census method or total enumeration method
(c) Least Squares Method
|
(b) sample method
(d) Expert opinion Method
|
|
|
|
|
2.
|
In Cobb-Douglas production
function “K”
(a) Land (b) Labour (c) capital
|
(d) organization
|
[
|
]
|
|
|
3.
|
What are the rewards for capital and labour?
|
|
[
|
]
|
|
|
(a) Wages, interest (b) Wage,
profits (c) Profits, interest (d)
interest, wages
|
|||||
|
4.
|
The costs that must be considered for decision making
are called
(a) Outlay costs (b) opportunity costs (c) incremental costs
|
[
(d)
sunk costs
|
]
|
||
|
5.
|
The nature of demand
curve in monopoly is
|
|
[
|
]
|
|
|
(a) Perfect elastic (b) Unit Elasticity
|
(c) Inelastic
|
(d) None of
the above
|
|
|
6.
|
Total utility is maximum
when
|
[
|
]
|
|
|
(a) Marginal
utility is maximum
|
(b)marginal utility is minimum
|
|
|
|
(c) marginal utility is zero
|
(d) marginal utility is less than average utility
|
|
|
7.
|
Which of the following
pairs of goods is an example
of substitutes
|
[
|
]
|
|
|
(a) Tea and
sugar (b) tea and coffee (c) Shirt and pant
|
(d) car and
petrol
|
|
|
8.
|
Which of the following has
highest consumer surplus
|
[
|
]
|
|
|
(a)
Necessities (b)
Luxury goods (c) comforts
|
(d) conventional necessities
|
|
|
9.
|
Demand for petrol is
|
|
|
[
|
]
|
|
|
(a) Elastic
|
(b) Inelastic
|
(c) Perfectly
Elastic
|
(d) perfectly inelastic
|
|
|
10.
|
If the price rises, the demand
|
|
[
|
]
|
|
|
(a) Rises (b) Falls
|
(c) First fall
and then rises
|
(d) First
rises and then falls
|
|
Cont…….2
Code
No: 56023 :2: Set
No. 3
II Fill in the blanks
11. Cob-Douglas production function revealed returns to scale.
12. The ratio of input to output is called .
13. LAC is a flat shaped
curve.
14. Break-
even point is also called
15. The main
feature of monopolistic competition is .
16. Economic
forecasting and foreward planning minimizes about
the future.
17. Managerial economics is close to economics
18. Goods which are used for further processing are called
19. One set of data is used to predict another set in forecasting
method.
20. Forecasting in terms of total
sales can be viewed as forecasts.
-oOo-
Code
No: 56023 Set
No. 4
JAWAHARLAL NEHRU TECHNOLOGICAL
UNIVERSITY HYDERABAD III B.Tech. II Sem., I Mid-Term Examinations, February
– 2012
MANAGERIAL
ECONOMICS AND FINANCIAL ANALYSIS
Objective Exam
|
Answer All Questions. All Questions Carry Equal Marks.Time: 20 Min.
Marks: 10.
I Choose the correct alternative:
1. What are the rewards for capital and labour? [ ] (a) Wages,
interest (b) Wage,
profits (c) Profits, interest (d)
interest, wages
|
2.
|
The costs that must be considered for decision making
are called
|
[
|
]
|
|
|
(a) Outlay
costs (b) opportunity costs (c)
incremental costs
|
(d) sunk costs
|
|
|
3.
|
The nature of demand
curve in monopoly is
|
|
[
|
]
|
|
|
(a) Perfect elastic (b) Unit Elasticity
|
(c) Inelastic
|
(d) None of
the above
|
|
|
4.
|
Total utility is maximum
when
|
[
|
]
|
|
|
(a) Marginal
utility is maximum
(c) marginal utility is zero
|
(b)marginal utility is minimum
(d) marginal utility is less
than average utility
|
|
|
5.
|
Which of the following
pairs of goods is an example
of substitutes
|
[
|
]
|
|
|
(a) Tea and
sugar (b)
tea and coffee (c)
Shirt and pant
|
(d) car and
petrol
|
|
|
6.
|
Which of the following has
highest consumer surplus
|
[
|
]
|
|
|
(a)
Necessities (b)
Luxury goods (c) comforts
|
(d) conventional necessities
|
|
|
7.
|
Demand for petrol is
|
|
|
[
|
]
|
|
|
(a) Elastic
|
(b) Inelastic
|
(c) Perfectly
Elastic
|
(d) perfectly inelastic
|
|
|
8.
|
If the price rises, the demand
|
|
[
|
]
|
|
|
(a) Rises (b) Falls
|
(c) First fall
and then rises
|
(d) First
rises and then falls
|
|
|
9.
|
If the company
wishes to elicit the opinion of all
the buyers
(a) Census method or total enumeration method
(c) Least Squares Method
|
this method is called
(b) sample method
(d) Expert opinion Method
|
[
|
]
|
|
10.
|
In Cobb-Douglas production
function “K”
(a) Land (b) Labour (c) capital
|
(d) organization
|
[
|
]
|
Cont…….2
Code
No: 56023
:2: Set
No. 4
II Fill in the blanks
11. LAC is a flat shaped curve.
12. Break-
even point is also called
13. The main
feature of monopolistic competition is .
14. Economic
forecasting and foreward planning minimizes about
the future.
15. Managerial economics is close to economics
16. Goods which are used for further processing are called
17. One set of data is used to predict another set in forecasting method.
18. Forecasting in terms of total
sales can be viewed as forecasts.
19. Cob-Douglas production function revealed returns to scale.
20. The ratio of input to output is called .
-oOo-
Code No: 56023
Set No. 1
MANAGERIAL ECONOMICS AND
FINANCIAL ANALYSIS KEYS
I Choose
the correct alternative:
1. C
2. B
3. A
4. B
5. B
6. A
7. B
8. D
9. B
10. C
II Fill
in the blanks
11. Risk
12. Micro
13. Producer’s goods
14. Barometric
techniques
15. General
16. Constant
17. Productivity
18. U-shaped
19. No profit, no loss point
20. Price differentiation/ differential
pricing
-oOo-
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