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Subject: Economics, asked on 8/11/15

Do you agree with the following statements ? give reasons. ( Answer in detail for 5 or 6 marks )
1 ) There are no real exceptions to the law of Diminishing Marginal utility.
2) When MU is zero, T U diminished.
3) Law of Diminishing Marginal utility is important in practice.

Subject: Economics, asked on 14/7/20

Why law of diminishing marginal utility includes assumption of 'single want'?

Subject: Economics, asked on 23/6/20

Lalita satisfied her want of writing an essay by using pen and notebook. Identify and explain the concept? chapt.Utility Analysis.

Subject: Economics, asked on 17/6/20

Why total utility never becomes negative or zero?

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Subject: Economics, asked on 8/11/19

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Subject: Economics, asked on 12/7/19

Reasons for this
State the following statements are True or False:
1. Utility depends upon intensity of want.
2. Utility is the basis of demand.
3. MU and TU are equal at the initial stage.
4. The law of Diminishing Marginal Utility explains economic behaviour of a rational consumer.
5. Negative MU denotes more satisfaction.

Subject: Economics, asked on 11/7/19

Distinguish between desire and demand

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Subject: Economics, asked on 25/4/19

Give reasons
Utility is morally insignificant or utility is ethically neutral

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Subject: Economics, asked on 9/3/19

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Explaination of chapter consumers behaviour in detail

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