The Line ACDG represents<br><img src="/images/question-image/management/managerial-economics/1700116925-m3-32.png" title="Managerial Economics mcq question image" alt="Managerial Economics mcq question image">

Consider two straight line demand curves NM and RS in the given figure.
Economics mcq question image

Select the correct statement from amongst the following.

A

Price elasticity of demand will be equal to 1 at point A and less than 1 at point B

B

Price elasticity of demand will be greater than 1 at point A and equal to 1 at point B

C

Price elasticity of demand will be less than 1 at point A and greater than 1 at point B

D

Price elasticity of demand will be greater than 1 at point A and less than 1 at point B

A cash flow diagram is shown below. Based on NPV, at 10% rate of interest, the minimum annuity x at which the investment becomes viable is
Mine Economics mcq question image

A

63

B

54

C

42

D

35

In the cash-flow diagram shown in the given figure
Engineering Economics mcq question image

A

Equal deposits of Rs. 3000 per year

B

The rate of interest is 10% per year account

C

The amount accumulated after the seventh deposit is to be computed

D

All of these

In the cash flow diagram shown in the given figure
Engineering Economics mcq question image

A

The first disbursement occurs at the end of year 2

B

The second disbursement occurs at the end of year 4

C

The first receipt occurs at the end of year 1

D

All of these

Refer to the cash flow diagram of uniform gradient in a cash flow (in the given figure), the gradient is:
Engineering Economics mcq question image

A

Rs. 10000 per year

B

Rs. 15000 per year

C

Rs. 20000 per year

D

Rs. 25000 per year

Marginal rate of substitution of x and y can be shown in the curve by formula
Economics mcq question image

A

$$MR{S_{xy}} = \frac{{ - \Delta y}}{{\Delta x}}$$

B

$$MR{S_{xy}} = \frac{{\Delta x}}{{\Delta y}}$$

C

$$MR{S_{xy}} = \frac{{\Delta y}}{{\Delta x}}$$

D

$$MR{S_{xy}} = \frac{{ - \Delta x}}{{\Delta y}}$$

Which of the stages is relevant range for a rational firm in the competitive situation in the following diagram?
Managerial Economics mcq question image

A

Stage I

B

Stage II

C

Stage III

D

None of the above

The reasons for L shaped long run average cost curve is/are
Managerial Economics mcq question image

A

technological progress

B

learning by doing

C

Both A and B

D

None of these

In the following diagram, consumer's surplus is shown by
Economics mcq question image

A

OPEX

B

ODEX

C

PDE

D

None of these

Shifts in demand curve as shown in the figure below represents
Economics mcq question image

A

extension of demand

B

increment of demand

C

increase of demand

D

expansion of demand

The Line ACDG represents

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