| 1 |
In mathematics which letters at the end of alphabet are used to represent variables |
- A. (u,v,w,x,y,z)
- B. (a,b.c.d.e.f.g)
- C. (a.b.c.u.v.w)
- D. ((x,y,z,a,b,c)
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| 2 |
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
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| 3 |
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
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| 4 |
According to law of equi-marginal utility a consumer will maximises his total utility when |
- A. He spends all his income on the product only
- B. He spends more on one and less on the other
- C. Marginal utility of the two goods are equalised
- D. Not only the marginals utility of the two goods are equalised, but also the marginal utility of each good is equal to its price.
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| 5 |
A contour line which slopes downward from left to right and yield equal level of satisfaction to consumer with the given income is. |
- A. Negatively slop curve
- B. An indifference curve
- C. Positively sloped Curve
- D. None of the above
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| 6 |
Law of diminishing marginal utility provides basis for: |
- A. Law of demand
- B. Law of supply
- C. Laws of returns
- D. Law of variable proportions
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| 7 |
When the classify data on the basis of income there will be |
- A. class intervals
- B. class numbers
- C. groups
- D. sections
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| 8 |
3x<sup>2</sup>=0 is an equation |
- A. linear
- B. quadratic
- C. general
- D. first degree
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| 9 |
How many kinds of data? |
|
| 10 |
Initial utility of a product is : |
- A. Highest
- B. Lowest
- C. Conatant
- D. None of them
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