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Exam Details

MANAGEMENT NOVEMBER PAPER 2 2017

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Questions 50
Duration 180 mins
Package UGC NET & SET - Previous Year Papers

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Medium 33 66%
Hard 17 34%

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Multiple Choices 50 100%

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1
2017 · Unclassified
MANAGEMENT NOVEMBER PAPER 2 2017
Managerial economics is concerned with which combination of the following?(a) Investment Analysis and Decisions(b) Production Behaviour and Cost Analysis(c) Input Reward Analysis and Decisions(d) Economic Environment AnalysisCode:
A
(a), (b) and (c)
B
(b), (c) and (d)
C
(a), (b) and (d)
D
(a), (c) and (d)
2
2017 · Unclassified
MANAGEMENT NOVEMBER PAPER 2 2017
When P0 and P1 and Q0 and Q1 denote before and after change in the price and quantity respectively and in both the situations, total outlay remains the same, which of the following formulae give the similar value of the arc price - elasticity of demand?(a) (b) (c) (d) (e)
A
(b), (c) and (e)
B
(a), (b) and (e)
C
(b), (c) and (d)
D
(a), (c) and (e)
3
2017 · Unclassified
MANAGEMENT NOVEMBER PAPER 2 2017
In case the producer’s equilibrium shifts to a higher isoquant due to a decrease in the price of an input, the curve combining the successive equilibrium positions is known as:
A
Product Possibility Curve
B
Price Factor Curve
C
Product Line
D
Expansion Path
4
2017 · Unclassified
MANAGEMENT NOVEMBER PAPER 2 2017
Which one of the following statements is not correct?
A
Marginal cost declines at a faster rate as compared to the average cost.
B
Marginal cost rises at a faster rate as compared to the average cost.
C
Marginal cost equals average cost where average cost is minimum.
D
Average cost equals marginal cost where marginal cost is minimum.
5
2017 · Unclassified
MANAGEMENT NOVEMBER PAPER 2 2017
Cost - Plus pricing is not suitable for:
A
Product Tailoring
B
Profit Maximizing
C
Public Utility Pricing
D
Monopsony Pricing
6
2017 · Unclassified
MANAGEMENT NOVEMBER PAPER 2 2017
Match the following and select the correct code of matching:Code:
A
a-(i), b-(ii), c-(iii), d-(iv)
B
a-(i), b-(iii), c-(ii), d-(iv)
C
a-(iv), b-(i), c-(ii), d-(iii)
D
a-(iv), b-(iii), c-(ii), d-(i)