Business Economics

1: Demand curve can be derived from the law of diminishlng marginal utility on which of the following assumptions? (i) Utility can be measured in quantitative terms (ii) Utility of money is constant Of these statements:
A.

Only (i) is true

B.

Both (i) and (ii) are true

C.

Only (ii) is true

D.

Neither (i) nor (ii) is true

 

Answer : B

Explanation :

Write your comments here:


Report Error
 

Option: A

Explanation : Explanation will come here. Explanation will come here. Explanation will come here. Explanation will come here. Explanation will come here.