POTA
Q1) Normative economics deals with:
(a)facts. (b) opinions (c) Both (a) and (b). (d)none of these
(1)
Q2) Law of demand is based on the Law of diminishing marginal utility, it true or false.
Q3) From the set statements given in Column 1 and column 2, choose the correct pair of statements.
9
Columni
Column II
0 Utility
(a) Prafit derived from the consumption of a
commodity
(0) Marginal Utility
(b) Sum total of utility derived from the
consumption of all the consumption of all the
units of a commodity.
Maximum TU
(c) When MU is positive
(M) Decreasing MU
(d) Implies that TU is increasing at a decreasing
rate
Q4) Two indifference curves can cut each other, its true or false.
Q5) Pepsi and coke are an example of
(complementary/substitutes) goods.
Answers
Answered by
1
Answer:
1=d,
hope it is helpful to you
Answered by
1
Answer:
1d
this is the answer of these question
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