Question : The following is/are the basic objective of microeconomics:

Option 1: Price of a commodity

Option 2: Factors of production

Option 3: Both 1 or 2

Option 4: None of the above

Question : When all other factors influencing demand are held constant, the cross elasticity of demand quantifies how much the quantity required of a good responds to changes in the .

Option 1: Income of the consumer

Option 2: Price of the commodity

Option 3: Price of the other commodity

Option 4: None of the above

Question : It includes using environmentally friendly methods of production, giving employment opportunities to the disadvantaged sections of society and providing basic amenities like schools and creches to employees. It tells us about which objective of the management? 

Option 1: Personal objective 

Option 2: Social objective 

Option 3: Organisational objective 

Option 4: None of the above

Question : Which of the following are not the objectives of management?
 

Option 1: Organisational objective
 

Option 2: Personal objective 

Option 3: Social objective 

Option 4: All of the above

Question : Why marginal opportunity cost operates?

Option 1: Productivity decrease

Option 2: Efficiency of factors ot production decreases

Option 3: Both 1 and 2

Option 4: None of the above

Question : Which of the following is the objective of management?

Option 1: Social objective

Option 2: Organisational objective
 

Option 3: Personal objective
 

Option 4: All of the above