[{"id":133465,"question":"Economist who presented the first law of consumption","choices":[{"text":"Marshall","value":"A"},{"text":"Adam smith","value":"B"},{"text":"Robbins","value":"C"},{"text":"Pigou","value":"D"},{"value":"E"}],"correctAnswer":1},{"id":133463,"question":"Marginal utility curve moves","choices":[{"text":"From left to right downward","value":"A"},{"text":"From left to right upward","value":"B"},{"text":"Parallel to ox axis","value":"C"},{"text":"Parallel to oy axis","value":"D"},{"value":"E"}],"correctAnswer":1},{"id":133462,"question":"Slope of marginal utility curve is","choices":[{"text":"Positive","value":"A"},{"text":"Negative","value":"B"},{"text":"Vertical","value":"C"},{"text":"Horizontal","value":"D"},{"value":"E"}],"correctAnswer":2},{"id":133461,"question":"Which law provides the base of law of demand","choices":[{"text":"Law of supply","value":"A"},{"text":"Law of diminishing marginal utility","value":"B"},{"text":"Law of equi marginal utility","value":"C"},{"text":"Law of decreasing return","value":"D"},{"value":"E"}],"correctAnswer":2},{"id":133460,"question":"Total utility decreases when marginal utility is","choices":[{"text":"Positive","value":"A"},{"text":"Negative","value":"B"},{"text":"Zero","value":"C"},{"text":"Maximum","value":"D"},{"value":"E"}],"correctAnswer":2},{"id":133459,"question":"Total utility increases when marginal utility is","choices":[{"text":"Positive","value":"A"},{"text":"Negative","value":"B"},{"text":"Zero","value":"C"},{"text":"Minimum","value":"D"},{"value":"E"}],"correctAnswer":1},{"id":133458,"question":"Total utility is maximum when marginal utility is","choices":[{"text":"Positive","value":"A"},{"text":"Negative","value":"B"},{"text":"Zero","value":"C"},{"text":"Minimum","value":"D"},{"value":"E"}],"correctAnswer":3},{"id":133457,"question":"Which of the following stated that utility is measurable","choices":[{"text":"Marshall","value":"A"},{"text":"Adam Smith","value":"B"},{"text":"Robbins","value":"C"},{"text":"Keynes","value":"D"},{"value":"E"}],"correctAnswer":1},{"id":133456,"question":"Utility attained by all the units of a commodity consumed","choices":[{"text":"Positive utility","value":"A"},{"text":"Negative utility","value":"B"},{"text":"Total utility","value":"C"},{"text":"Marginal utility","value":"D"},{"value":"E"}],"correctAnswer":3},{"id":133455,"question":"Utility attained by consuming an additional or last unit of a commodity","choices":[{"text":"Positive utility","value":"A"},{"text":"Negative utility","value":"B"},{"text":"Zero utility","value":"C"},{"text":"Marginal utility","value":"D"},{"value":"E"}],"correctAnswer":4},{"id":133454,"question":"Utility is related with","choices":[{"text":"Usefulness","value":"A"},{"text":"Useless","value":"B"},{"text":"Necessities","value":"C"},{"text":"Desire","value":"D"},{"value":"E"}],"correctAnswer":4},{"id":133453,"question":"Which law is applied when marginal utilities of all the purchased goods become equal to each other","choices":[{"text":"Law of diminishing marginal utility","value":"A"},{"text":"Law of equi marginal utility","value":"B"},{"text":"Law of demand","value":"C"},{"text":"Law of increasing return","value":"D"},{"value":"E"}],"correctAnswer":2},{"id":133452,"question":"According to law of diminishing marginal utility, Utility of every new (Additional) unit of commodity","choices":[{"text":"Increases","value":"A"},{"text":"Decreases","value":"B"},{"text":"Remains constant","value":"C"},{"text":"None of these","value":"D"},{"value":"E"}],"correctAnswer":2},{"id":133450,"question":"Which one is not studied in micro economic","choices":[{"text":"National income","value":"A"},{"text":"Consumer behavior","value":"B"},{"text":"Market equilibrium","value":"C"},{"text":"Firm's equilibrium","value":"D"},{"value":"E"}],"correctAnswer":1},{"id":133449,"question":"In macro economics, what kind of problems can be discussed","choices":[{"text":"International trade","value":"A"},{"text":"Consumers behavior","value":"B"},{"text":"Problems of a firm","value":"C"},{"text":"Determination of price","value":"D"},{"value":"E"}],"correctAnswer":1}]