We can write ordinal utility function as:

A. U = x1 x2

B. U = x1 + x2

C. U = y1 +x1

D. U = x1.x2

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

You can do it
  1. The firm is at equilibrium where:
  2. Increasing return to scales can be explained in terms of:
  3. A good tends to have relatively inelastic demand, if:
  4. The engineering production function and engineering costs curves are concerned with the:
  5. The fundamental choices that a society must make about the use of its resources include:
  6. Which of the following conditions is met in the long-run equilibrium in monopolistic competition, where…
  7. The slope of an iso-quant represents:
  8. At low prices, demand is likely to be:
  9. Increasing returns is not caused by:
  10. Price leadership is associated with:
  11. If X and Y are close substitutes, a rise in the price of X will lead to:
  12. If money income is given then consumer is in equilibrium when:
  13. In the case where two commodities are good substitutes then cross elasticity will be:
  14. According to Smith, by value we mean the value with respect to use, and the price we mean the value…
  15. The alternative of profit maximization theory is:
  16. In short run, a firm would remain in business as long as which one of the following of cost is covered?
  17. If X and Y are close substitutes, a fall in price of X will lead to:
  18. According to Marshal, the Law of Diminishing Marginal Utility:
  19. When AC curve falls, MC curve falls:
  20. The long run average cost curve is:
  21. The cobweb model will convergent when the slope of:
  22. In the real world, some competitive firms owns specialized resources that earn a return called:
  23. General equilibrium is concerned with simultaneous equilibrium of:
  24. The relationship between AC and MC curves depend upon the behavior of:
  25. When total product increases at a decreasing rate:
  26. At the shut-down point in perfect competition:
  27. A profit-maximizing monopolist in two separate markets will:
  28. Price elasticity of demand is best defines as:
  29. The main objective of the firm is to:
  30. Cross-elasticity of demand or cross-price elasticity between two perfect complements will be: