Question

No.
1
Questions
Micro economics theory deals with
A Economic behaviour of individual economic decision-making units,
B. Economy as a whole;
C. Trade relations;
D. Economic growth of the society
2.
Who defined Economics as a 'Science which studies human behaviour as a
relationship between ends and means which have alternative uses?
A L. Robbins
B. Alfred Marshall
C. Joan Robinson
D. Paul A Samuelson

3.The power to satisfying wants is call
A Satisfaction
B. Pleasure
C. Utility
D. Goods

4.Normally demand curve will have shape
A Horizontal
B. Vertical
C. Downward slope
D. Upward slope

5.Price of a product falls by 10% and its demand rises by 30%. The elasticity of
demand is
A 10%
B. 30%
C. 3
D. 1.3

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Answer 1

Explanation:

answer by yashika goswami . mba bba