Question
Which of the following is an assumption of Ordinary
Utility Theory?Solution
A key assumption of Ordinary Utility Theory is the rational behaviour of the consumer. This implies that consumers make choices to maximize their utility, given their preferences and budget constraints, and their preferences are complete and transitive.
When the digits of a two-digit number are interchanged, the new number becomes 8 less than 150% of the original number. If the sum of the digits is 7, f...
Identify the number that, when subtracted by its square root, results in a difference of 42.
Find the average of first 16 whole numbers.
Which of the following number is rational number?
- Assume ‘x’ is the total count of prime numbers between 1 and 60, and ‘y’ is the number of primes from 61 to 90. Find x × y.
‘Z’ is a two digit number in which the unit place digit is ‘P’ and the tens place digit is ‘Q’. The value of ‘P’ is smaller than the val...
How many Zeros can be formed by multiplying 10 times; 20 times; 30 times; 40 times; ...............times; 2000?
- The average of five consecutive even numbers is 20. Find the second largest number.
- If '38k721' is divisible by 3, then what is the highest possible value of 'k'?
If the number 985212m8 is completely divisible by 11, then the smallest whole number in place of ‘m’ would be:
