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Question Results: You Have Completed Your Quiz Attempt. You Have Scored 9 Point(s)

The document summarizes the results of a quiz on business economics and managerial economics. The respondent scored full points on all 9 multiple choice questions, answering them all correctly. The questions covered topics like the definition of managerial economics, scarcity, opportunity cost, and the differences between microeconomics and macroeconomics.

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thebhas1954
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80 views2 pages

Question Results: You Have Completed Your Quiz Attempt. You Have Scored 9 Point(s)

The document summarizes the results of a quiz on business economics and managerial economics. The respondent scored full points on all 9 multiple choice questions, answering them all correctly. The questions covered topics like the definition of managerial economics, scarcity, opportunity cost, and the differences between microeconomics and macroeconomics.

Uploaded by

thebhas1954
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PDF, TXT or read online on Scribd
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You have completed your quiz attempt. You have scored 9 point(s).

Question Results
Score 1.00 of 1

1. Integration of Business Economics and Strategic Planning is Managerial


Economics.
True

False
Score 1.00 of 1

2. Optimum utilization of resources is not part of Economics.


True
False

Score 1.00 of 1

3. Managerial Economics is both knowledge-acquiring and knowledgeapplying concept.


True

False
Score 1.00 of 1

4. Wants are classified as needs.


True
False

Score 1.00 of 1

5. Unlimited wants and limited resources lead to scarcity.


True

False
Score 1.00 of 1

6. Microeconomics deals with aggregate economy.


True
False

Score 1.00 of 1

7. Opportunity cost is next best alternative sacrificed.


True

False
Score 1.00 of 1

8. Economic models do not have to completely describe every


aspect of the economy in order to be
useful.
True

False
Score 1.00 of 1

9. Macroeconomics focuses on the behavior of economic agents,


such as the consumer, a business firm, or a specific market.
True
False

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