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What are the central problems of an economy?

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Important Questions on Introduction to Microeconomics

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Economics>Microeconomics>Introduction to Microeconomics>Central Problems of an Economy
What is the main focus of the 'Scalar Chain' principle in management?
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Economics>Microeconomics>Introduction to Microeconomics>Central Problems of an Economy
What is informal communication?
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Economics>Microeconomics>Introduction to Microeconomics>Central Problems of an Economy
What does ‘Issue of debentures for consideration other than cash’ mean?
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Economics>Microeconomics>Introduction to Microeconomics>Central Problems of an Economy
Distinguish between training and development.
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Economics>Microeconomics>Introduction to Microeconomics>Central Problems of an Economy
What is the law of diminishing marginal product?
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Economics>Microeconomics>Introduction to Microeconomics>Central Problems of an Economy
Explain the relationship between the marginal products and the total product of an input.
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Economics>Microeconomics>Introduction to Microeconomics>Central Problems of an Economy
A company is manufacturing paper plates and bowls. It produces 1,00,000 plates and bowls each day. Due to a local festival, it got an urgent order of extra 50,000 plates and bowls. Explain the method of recruitment that the company should adopt in the given circumstances to meet the order.
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Economics>Microeconomics>Introduction to Microeconomics>Central Problems of an Economy
What does a bearer debenture mean?
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Economics>Microeconomics>Introduction to Microeconomics>Central Problems of an Economy
What is the law of variable proportions?
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Economics>Microeconomics>Introduction to Microeconomics>Central Problems of an Economy
Explain the concepts of the short run and the long run.
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Economics>Microeconomics>Introduction to Microeconomics>Central Problems of an Economy
Which management principle suggests the need for fairness and consistency in employee treatment?
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Economics>Microeconomics>Introduction to Microeconomics>Central Problems of an Economy
Explain the significance of Taylor's Scientific Management.
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Economics>Microeconomics>Introduction to Microeconomics>Central Problems of an Economy
Which style of leadership does not believe in use of power unless it is absolutely essential?
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Economics>Microeconomics>Introduction to Microeconomics>Central Problems of an Economy
Explain the concept of a production function.
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Economics>Microeconomics>Introduction to Microeconomics>Central Problems of an Economy
What does it mean to issue debentures at a discount and redeemable at a premium?
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Economics>Microeconomics>Introduction to Microeconomics>Central Problems of an Economy
Which of the following is an example of a financial objective of management?
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Economics>Microeconomics>Introduction to Microeconomics>Central Problems of an Economy
What is the meaning of ‘Debentures issued as a collateral security’?
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Economics>Microeconomics>Introduction to Microeconomics>Central Problems of an Economy
What is meant by a debenture?
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Economics>Microeconomics>Introduction to Microeconomics>Central Problems of an Economy
State the meaning of principles of management.
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Economics>Microeconomics>Introduction to Microeconomics>Central Problems of an Economy
What is the total product of an input?