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.
The correct answer is E
If 89 # 97 = 135 and 68 # 86 = 96, then 88 # 89 = ?
Select the option that is related to the third number in the same way as the second number is related to the first number.
24 : 625 :: 19 : ______
Select the related number from the given alternatives:
8 : ? :: 7 : 344
In a certain code language, ‘DIRTY’ is written as 'EKUXD'. How will ‘SWITCH’ be written in that language?
If M = 26, MET = 76, then ‘MEAT’ will be equal to?
Select the letter triad from the given options which follows the same relation as shown below.
(IL, FI, CF)
If 47 @ 18 = 18' and 28 @ 44 = 8', then 54 @ 27 = ?'. What will come in place of question mark?
Jnanpith Award : Literature :: Saraswati Samman : ?
Select the option that is related to the third number in the same way as the second number is related to the first number:
21: 63 :: 36:?
Given set: 871, 736, 655