To obtain the greates utility consumer should allocate money income so that last dollar spent on each good or service yields the same marginal utility ?
A. Law of diminishing return
B. Say’ law
C. Law of diminishing marginal utility
D. Say’ law
A. Law of diminishing return
B. Say’ law
C. Law of diminishing marginal utility
D. Say’ law
A. Total revenue
B. Nominal profit
C. Both
D. None
A. Subsidy
B. Tax
C. lump-sum-tax
D. None
A. Stock
B. Corporation
C. Both
D. None
An ownership share in a corporation___________________? Read More »
Agricultural economics A. Specialization
B. speculation
C. Fly over
D. Capital flight
A. Saving deposit
B. Fixed deposit
C. Capital deposit
D. None
A. Pure rate of interest
B. Economic rate of interest
C. Nominal rate of interest
D. None
A. Public service
B. Public good
C. Public finance
D. Public debt
A. Capital and laborers
B. Competition
C. Market and prices
D. All
The coordinating mechanism of capitalism is a system of___________________? Read More »
Agricultural economics A. Market equilibrium
B. Market demand
C. Market condition
D. None
The intersection of the supply curve and demand curve indicates ? Read More »
Agricultural economics