Question
Which of the following statements is true regarding
Marginal utility? i. Marginal Utility is the additional satisfaction a consumer gains from consuming one more unit of a good or service. ii. Marginal utility is an important economic concept because economists use it to determine how much of an item a consumer will buy iii. Positive marginal utility is when the consumption of an additional item increases the total utility. iv. Negative marginal utility is when the consumption of an additional item decreases the total utility.Solution
The correct answer is E
Which of the following statements related to the Mughal empire in India is/are correct? Statement A: The Second Battle of Panipat marked the beginning o...
Indian currency notes are printed in which place?
Harela is a festival of greenery, peace, prosperity, and environmental conservation, primarily celebrated in which of the following states?
Why was the SSLV (Small Satellite Launch Vehicle) developed by ISRO?
What does the term “sine die” mean when used in the context of parliamentary sessions?
On which date was the Indian National Congress founded, with Womesh Chunder Bonnerjee as its president and Allan Octavian Hume as the General Secretary?
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Consider the following statements in reference to Punjab Preservation of Subsoil Water Act, 2009.
1. As per the Act, no farmer shall sow...
Match the following musical instruments with the maestros who play them.
Chirag Chandrashekhar Shetty belongs to which of these sports?
