| 1 |
How many kinds of data? |
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| 2 |
According to law of diminishing marginal utilities , a consumer maximises his total utility where. |
- A. MU<sub>a</sub> = MP<sub>a</sub>
- B. MU<sub>a</sub> = AU<sub>a</sub>
- C. MU<sub>a</sub> = TC<sub>a</sub>
- D. MU<sub>a</sub> = P<sub>a</sub>
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| 3 |
According to law of equi-marginal utility a consumer will maximises his total utility when |
- A. He spends all his income on the product only
- B. He spends more on one and less on the other
- C. Marginal utility of the two goods are equalised
- D. Not only the marginals utility of the two goods are equalised, but also the marginal utility of each good is equal to its price.
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| 4 |
<div>When marginal utility of a product is zero its total utility will be.</div> |
- A. Increase
- B. Decreasing
- C. Maximum
- D. Constant
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| 5 |
Which is the general form of quadratic equation |
- A. x<sup>2</sup>-x-20 = 0
- B. ax<sup>2</sup>+bx +c = 0
- C. x<sup>2</sup>- x -c =0
- D. None of these
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| 6 |
When the classify data on the basis of income there will be |
- A. class intervals
- B. class numbers
- C. groups
- D. sections
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| 7 |
A variable is a symbol which, during a discussion, may assume different values or a set of admissible values. This is the definition of |
- A. Prof. Kooros
- B. Prof. Marshall
- C. Prof. Rabbins
- D. Prof. Kneez
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| 8 |
A bridge will be a |
- A. Private good
- B. Capital goods
- C. Consumer good
- D. Personal good
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| 9 |
Law of equi marginal utility provides basis for. |
- A. Equal distribution of wealth
- B. Economy in taxation
- C. Law of diminishing returns
- D. Law of constant returns
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| 10 |
The relationship between two variables that move in the same direction is called |
- A. neutral
- B. positive
- C. independent
- D. dependent
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