Managerial economics synergy tests

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Synergy Test Answers
The break-even point on the chart corresponds to the intersection point of the curves ...
Answer Type: Single Choice
Status: New
gross costs and gross income
average costs and prices
average costs and gross costs
marginal cost and average cost


Consumer income growth reduces demand for ...
Answer Type: Single Choice
Status: New
essential goods
goods with a single elasticity of demand
low quality goods
luxuries


It is not true that the costs of ... are transactional
Answer Type: Single Choice
Status: New
finding trading partners
storage of goods
securing property rights



In ... theory, a company is considered as a production unit, the activity of which is described
production function, and the goal is to maximize profits
Answer Type: Single Choice
Status: New
behavioristic
capitalist
evolutionary
institutional
neoclassical


Normal profit is profit ...
Answer Type: Single Choice
Status: New
providing the entrepreneur with a comfortable standard of living
received by the firm in the normal course of business
which is necessary for the firm to remain within the given line of activity
obtained by the company at MC = MR



The costs of a firm protecting its trademark are related to ... costs
Answer Type: Single Choice
Status: New
transactional
variables
marginal
discretionary


Natural monopoly should be regulated by the state, because otherwise ...
Answer Type: Multiple Choice
Status: New
supply volume will be below optimal
other firms will not be able to enter the industry market
predatory use of resources will take place
overproduction of goods will occur
firms operating in the industry market will incur losses


In the context of the modern interpretation of maximizing profit as the economic goal of the company, it can be argued
what …
Answer Type: Multiple Choice
Status: New
in modern conditions, the company is satisfied with a satisfactory profit
maximizing sales and maximizing growth are alternative goals for the firm
profit maximization by the company is possible in a very short period of time
the management of the company can have no other purpose than maximizing profits by the company


The relationship between all possible combinations of factors of production and output
products expressed ...
Answer Type: Single Choice
Status: New
total product yield curve
production curve
gross cost curve
production function


The increase in output due to the increase in the number of any factor of production by 1 unit and at constant
the number of other factors of the company is characterized by such a category as ...
Answer Type: Single Choice
Status: New
marginal cost
margin
marginal rate of technological substitution
marginal product

Net present value ...
Answer Type: Single Choice
Status: New
exceeds current value of income
does not take into account opportunity costs of using capital
less than the current value of income by the amount of investment
equal to net future discounted value


The market for goods is in equilibrium if ...
Answer Type: Multiple Choice
Status: New
at a given price, the intentions of buyers to buy a given quantity of goods coincide with the intentions of sellers
sell the same amount of goods
there is no surplus or shortage of goods on the market
the volume of demand for goods is equal to the volume of supply


Fixed costs include the costs of the company for ...
Answer Type: Multiple Choice
Status: New
salaries of management employees
production staff salary
payment of fuel and electricity for technological purposes
rent of finished goods warehouse
security of premises



To achieve a monopoly position in the industry is possible by ...
cartel formation
obtaining a patent or license
liquidation of unloaded capacities
lobbying to establish import quotas or tariffs

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