A. | a b c d III I II IV |
B. | a b c d IV III I II |
C. | a b c d II I III IV |
D. | a b c d IV III II I |
Option: B Explanation : Click on Discuss to view users comments. |
A. | Downward sloping |
B. | Convex to the origin |
C. |
Two indifference curves can intersect each other
|
D. | None of the above |
Option: C Explanation : Click on Discuss to view users comments. |
The appropriate objective of an enterprise is
A. | Maximisation of sales |
B. | Maximisation of owner's wealth |
C. | Maximisation of profits |
D. | None of the above |
Option: B Explanation : Click on Discuss to view users comments. |
A. | Normal goods |
B. | Inferior goods |
C. | Luxury goods |
D. | Giffen goods |
Option: D Explanation : Click on Discuss to view users comments. |
A. | a b c d I II III IV |
B. | a b c d II III IV I |
C. | a b c d III II IV I |
D. | a b c d IV III II I |
Option: A Explanation : Click on Discuss to view users comments. |