Managerial Economics 1 MCQs
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Q 11. Which of the following is not a variable input?
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Q 12. Which is not a property of ISOQUANT?
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Q 13. A graph indicating different combination of inputs with different level of output is called
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Q 14. …………..product will never be zero or negative
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Q 15. Functional relationship between input and output known as
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Q 16. The “law of variable proportion” is first explained by
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Q 17. In business cycle concept, the period (approximately) of “Kit chin cycle” is of:
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Q 18. Factors which change over a long period of time are called……..factors
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Q 19. Where boom ends,……….. starts
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Q 20. Which of the following is not a macroeconomic concept?
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