Managerial Economics

1:

Put into chronological order on the basis of development:

1. Law of demand

2. Law of indifference

3. Law of diminishing marginal utility

4. Revealed preference curve

5. Indifference curve

A.

1 3 4 2 5

B.

1 5 3 4 2

C.

1 3 2 5 4

D.

1 2 3 4 5

 

Answer : C

Explanation :

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Option: A

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