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The total utility is gained by consuming:

A. The last unit of a good

B. All the units of a good

C. The first unit of a good

D. The average unit of a good

Please do not use chat terms. Example: avoid using "grt" instead of "great".

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  1. The indifference curve technique:
  2. When there is decrease in demand the demand curve:
  3. Variable costs refer to:
  4. All of the following are capital resources except:
  5. In repeated game, the Prisoners Dillemma can have a:
  6. Which of the following would be least likely to cause a consumer to eat less beef?
  7. When the income of consumer increases then budget line will:
  8. Marginal Productivity Theory deals with the theory of:
  9. The falling part of total Utility (TU) curve shows:
  10. By increasing the price of its products above those of its competitors, a perfectly competitive seller:
  11. A monopoly producer usually earns:
  12. In cournot model, at equuilibrium when MC = MR, the elasticity of demand is:
  13. The budget constraint equation of the firm is:
  14. In centralized cartel, the firms are like:
  15. The ordinary demand curve is also called:
  16. Economics is a:
  17. The consumer is in equilibrium at the where:
  18. In dominant price leadership model, the small firms are like:
  19. Which of the following models are associated with non-collusive oligopoly?
  20. Nash equilibrium is applicable in case of:
  21. Cross-elasticity of demand or cross-price elasticity between two independent goods will be:
  22. When a competitive firm is in equilibrium in the long-run, its output is such that:
  23. The modern cost curves are based upon the idea of:
  24. The difference between average total cost and average fixed cost shows:
  25. Any straight line supply which cuts the x-axis will have:
  26. The general form of Cobb-Douglas production function is:
  27. At a point above the middle of a straight line demand curve, elasticity of demand is:
  28. According to Marshal, the Law of Diminishing Returns is applicable to:
  29. In case of complementary factors, the isoquants are:
  30. In Prisoners Dillemma, the players are: