Multiplying the number of unit by its marginal utility

Adding up the marginal utility of all units

Multiplying price by number of units

None of the above

**Which is the other name that is given to the average revenue curve?****The elasticity of demand is equal to slope of demand function divided by:****The cobweb model will convergent when the slope of:****A market demand schedule is obtained by adding individual demand schedules:****When at a given price, the quantity demanded of a commodity is more than the quantity supplied, there…****The long-run AC curve is constructed from:****In Prisoners Dillemma, the players are:****From the resource allocation view point, perfect competition is preferable because:****In monopolistic competition, the firm take advantage due to customers:****In monopolistic competition, the real differentiation in products is due to difference in:****Who wrote An Introduction to Positive Economics?****Rational economic behavior on the part of the consumer means that he will:****The situation of single buyer and single seller is called:****If the commodity is normal then Income Effect (I.E) is:****Isocost line shows the combinations of labor and capital where a firms budget is:****The long-run average cost is based on the fact that:****In cournot model, at equuilibrium when MC = MR, the elasticity of demand is:****Slope of a demand curve is:****Marginal cost is the cost:****If the price of product increases and in the result the demand for product B also increases then:****Cross-elasticity of demand or cross-price elasticity between two substitutes will be:****Elasticity of supply means change in supply due to change in:****Moving down along a linear demand curve:****Under competitive conditions, the industry will be in equilibrium:****If X and Y are close substitutes, a fall in price of X will lead to:****The average cost curve is a geometrical illustration of:****According to classical approach, utility can be:****The game theory is concerned with:****The Hicksian indirect utility function in the form of equation is:****In monopolistic competition, the firms have to face:**