Marginal utility is equal to average utility at that time when average utility is
A). Increasing
B). Maximum
C). Falling
D). Minimum
Maximum
Marginal utility is equal to average utility at that time when average utility is maximum.
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1. Question 4:Infrastructure contributes to the economic development of a country. Do you agree? Explain.
2. Which of the following can be used for checking inflation temporarily
3. Unit cost is another name for
4. Which of the following is/are true bout the economy of China ?(A) China as a country is rich but Chinese are not so.(B) China?s growth strategy has been based mainly on exports.(C) Despite attaining rapid growth and also bringing millions of people out of poverty, China remains a poor country.
5. The horizontal demand curve parallel to x-axis implies that the elasticity of demand is
6. With which country India has signed an agreement to renew the supply of Petroleum for a period of 5 years (i.e. till 2022)?
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8. Question 9:Discuss the following as a source of human capital formation(i) Health infrastructure(ii) Expenditure on migration.
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10. Question 9:Compare and contrast India and China's sectoral contribution towards GDP in 2003. What does it indicate?
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