On the total utility curve the economically relevant range is the portion over which:

A. The total utility is rising at a declining rate

B. The total utility is raising at an increasing rate

C. Total utility is maximum

D. Total utility is declining

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  1. Along an isoquant, output remains same, and capital labor ratio:
  2. An effective price ceiling usually results in:
  3. The main contribution of Malthus is in the field of:
  4. The central problem of economics is:
  5. The spending of money by the producer to influence consumers is an example of:
  6. In case the two commodities are complements, cross elasticity will be:
  7. From analysis, it is clear that both Marshal and Walras market models are:
  8. By saying that monopolist create a contrived scarcity, economist mean that monopolist:
  9. Substitution effect means a consumer
  10. In modern cost theory, AVC= b1 and MC= b1 in the range of:
  11. By scarcity the economist means that all goods are scarce relative the peoples:
  12. In microeconomics, we study:
  13. If both demand and supply were to increase then:
  14. Price discrimination is possible:
  15. The game theory concentrates on:
  16. The shape of the TC curve is:
  17. Cross-elasticity of demand or cross-price elasticity between two independent goods will be:
  18. Conditions of perfect competition ensure:
  19. Marginal utility (MU) always:
  20. Under perfect competition, at equilibrium, marginal cost is:
  21. Discriminating monopoly implies that the monopolist charges different prices for his commodity:
  22. Cardinal approach includes arranging:
  23. In substitution effect and income effect:
  24. In Edgeworth model, prices oscillate between:
  25. The number of sellers in oligopoly is:
  26. Who first formulated the Marginal Productivity Theory of Distribution?
  27. In price leadership, like leader, the follower firm may:
  28. With elasticity of demand, the:
  29. If a consumer buys a product that costs Rs.3 and provides an additional 18 units of satisfaction, then…
  30. Supply curves are most elastic: