Q. The Lemons problem was first analysed by
✅ Correct Answer: (C)
george akerlof
Industrial Economics MCQs and Notes
Q. Principal agent problem is commonly associated with which sector of the economy?
✅ Correct Answer: (A)
private
Q. Which efficiency takes in to account all the private and external cost and benefits?
✅ Correct Answer: (D)
social
Q. Who among the following are associated with dynamic efficiency?
✅ Correct Answer: (C)
joseph schumpeter
Q. Who developed the concept of X efficiency?
✅ Correct Answer: (A)
h leibenstein
Q. Which efficiency is output maximization from given inputs?
✅ Correct Answer: (A)
allocative
Q. Which type of efficiency combines resources with lowest average cost?
✅ Correct Answer: (B)
productive
Q. ……….. refers to the total productivity of all inputs taken together.
✅ Correct Answer: (A)
total factor productivity
Q. Which is a common method of measuring technological progress?
✅ Correct Answer: (A)
solow residual
Q. Which one of the following does not come under profitability ratio?
✅ Correct Answer: (C)
current ratio