| 1 |
How many kinds of data? |
|
| 2 |
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
|
| 3 |
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
|
| 4 |
Initial utility of a product is : |
- A. Highest
- B. Lowest
- C. Conatant
- D. None of them
|
| 5 |
______ is a science which is concerned with the collection, presentation, and interpretation of numerical data |
- A. Statistics
- B. Economics analysis
- C. Function
- D. None of these
|
| 6 |
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
|
| 7 |
To show data in tables, we must first |
- A. reduce data
- B. expand data
- C. classify data
- D. all of the above
|
| 8 |
A bridge will be a |
- A. Private good
- B. Capital goods
- C. Consumer good
- D. Personal good
|
| 9 |
Who introduced indifference curves to explain consumer's beghavior |
- A. J.R Hicks
- B. Marshall
- C. Robbins
- D. Adam Smith
|
| 10 |
To measure changes in purchasing power of money, we use |
- A. percentages
- B. index numbers
- C. averages
- D. variables
|
