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Which of the following are not the assumptions related to the theory of consumer behaviour as per the cardinal utility approach?
1. Rational consumer
2. Unlimited money income
3. Utility cardinally measurable
4. Diminishing marginal utility of money
5. Constant marginal utility of commodities
6. Maximisation of satisfaction
7. Utility is additive
A simple stand - alone software utility is to be developed in ’C’ programming by a team of software experts for a computer running Linux and the overall size of this software is estimated to be 20,000 lines of code. Considering (a, b) = (2.4, 1.05) as multiplicative and exponention factor for the basic COCOMO effort estimation equation and (c, d)=(2.5, 0.38) as multiplicative and exponention factor for the basic COCOMO development time estimation equation, approximately how long does the software project take to complete ?  
Cardinal utility analysis of consumer's behaviour is based on which combination of the following assumptions: (i) Utility is measurable in terms of cardinal number. (ii) Constancy of the marginal utility of money (iii) Utilities of different goods are interdependent (iv) Gossen's first law of consumption Choose the correct answer from the code given below:
Cardinal utility analysis of consumer's behaviour is based on which combination of the following assumptions:
I. Utility is measurable is terms of cardinal numbers
II. Constancy of the marginal utility of money
III. Utilities of different goods are interdependent
IV. Gossen's first law of consumption
Choose the correct answer
Marginal utility is equal to average utility at that time when average utility is ----
Marginal utility is equal to average utility at that time when average utility is
Assertion (A): Utility will be maximized when the marginal units of expenditure in each direction bring the same increment of utility.
Reason (R): A consumer will try to maximize his utility.
Assertion (A) Total utility will be maximum, when marginal utility to price of respective products are equal.
Reason (R) Deviation from this situation leads to reduction in maximum utility.
A company needs to develop digital signal processing software for one of its newest inventions. The software is expected to have 40000 lines of code. The company needs to determine the effort in person-months needed to develop this software using the basic COCOMO model. The multiplicative factor for this model is given as 2.8 for the software development on embedded systems, while the exponentiation factor is given as 1.20. What is the estimated effort in person-months?
In the question below a statement followed by two courses of action numbered I and II is given. On the basis of the information given in the statement, you have to assume everything in the statement to be true, then decide which of the suggested courses of action logically follow(s) first pursuing. Statement: A huge fire broke out due to damage done to the gas pipeline While laying pipes for one of the utility companies. Courses of action: I. All the licenses of the utility companies should immediately be suspended pending enquiry into the incidence. II. People residing in the area should be advised to stay indoors to avoid burn injuries.