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.
Under the Payment of Wages Act, 1936 the fine should not be imposed on any employee who is below the age of .......... years.
Evidence may be given in any suit or proceeding of the
What is the time limit under the RTI Act for the disposal of request u/s 6 by the Central Public Information Officer or State Public Information Officer?
The authorised capital of the Exim Bank shall be_______________
A re-examination of a case for lack of jurisdiction made by a higher court is?
Robbery:
For compensation for wrongful seizure of movable under legal process, the period of limitation as per provisions of Limitation Act 1963, to file suit is:
Non cognizable offence means
Who for the first time coined the term, Legal theory?
Volksgeist means?