| 1 |
This is a tool in economic studies |
- A. market
- B. price
- C. firm
- D. functional relation
|
| 2 |
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
|
| 3 |
One of the following is not an exception to the law of diminishing marginal utility . |
- A. Money
- B. Knowledge
- C. Music
- D. Non of them
|
| 4 |
One of the following will not be an assumption of the law of diminishing marginal utility. |
- A. Nature of the product should not changed
- B. Mental condition of the consumer
- C. Income of the consumer should not changed
- D. None of the three
|
| 5 |
If we plot the equation y = 20 +3x, its slope is |
- A. 20
- B. 3
- C. 20/3
- D. Indeterminate
|
| 6 |
The relationship between two variables that move in the same direction is called |
- A. neutral
- B. positive
- C. independent
- D. dependent
|
| 7 |
Law of equimarginal utility is also called. |
- A. Law of substitution
- B. Law of maximum social benefits
- C. Law of economy
- D. Law of maximum satisfaction
|
| 8 |
How many kinds of data? |
|
| 9 |
A statement of how one variable affects other variable is |
- A. a quadrant
- B. a variable
- C. an assumption
- D. a functional relationship
|
| 10 |
The talent of a professor is . |
- A. National wealth
- B. International wealth
- C. Personal wealth
- D. Non of them
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