| 1 |
A statement of how one variable affects other variable is |
- A. a quadrant
- B. a variable
- C. an assumption
- D. a functional relationship
|
| 2 |
The maintain social status in life, a person requires. |
- A. Bare necessities of life
- B. Comforts of life
- C. Luxuries of life
- D. All of them
|
| 3 |
How many kinds of equations? |
|
| 4 |
To measure changes in purchasing power of money, we use |
- A. percentages
- B. index numbers
- C. averages
- D. variables
|
| 5 |
The relationship between two variables that move in the same direction is called |
- A. neutral
- B. positive
- C. independent
- D. dependent
|
| 6 |
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
|
| 7 |
Constant are represented by symbol |
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| 8 |
The utility of an additional unit of a product is |
- A. Law of demand
- B. Law of substitution
- C. Law of supply
- D. Law of diminishing marginal utility
|
| 9 |
if X and Y scales are the same a line making 45-degree angle with X-axis has slope |
- A. 1/4
- B. 1/2
- C. 1
- D. constant
|
| 10 |
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
|
