Gossen's second law states that

Gossen's second law states that Correct Answer consumer maximises his total pleasure, when satisfaction gained from marginal units of all commodities is the same

Bissoy MCQ

Related Questions

Given below are two statements, one labelled as Assertion (A) and the other labelled as Reason (R). Read the statements and choose the correct answer:
Assertion (A): Austinian theory of law does not properly explain constitutional law, customary law and judicial precedents.
Reason (R): Constitutional law, customary law and judicial precedents do not share the same pedigree as statutory law.
In the following passage, some of the words have been left out. Read the passage carefully and select the correct answer for the given blank out of thefour alternatives.
In a dynamic society everything is provided for by law and only a few things are __________ to politicians. The universe is governed ________ law. The inverse squarelaw __________ the earth in its orbit and the law of atomic fusion keeps the sun shining ________ the whole earth. Likewise, the law should govern a nation where thejudge, the police and the civil servant dispense ___________ to the citizen.
The universe is governed ________ law.
In the following passage, some of the words have been left out. Read the passage carefully and select the correct answer for the given blank out of thefour alternatives.
In a dynamic society everything is provided for by law and only a few things are __________ to politicians. The universe is governed ________ law. The inverse squarelaw __________ the earth in its orbit and the law of atomic fusion keeps the sun shining ________ the whole earth. Likewise, the law should govern a nation where thejudge, the police and the civil servant dispense ___________ to the citizen.
square law __________ the earth in its
Dicey wrote, "every official from the Prime Minister down to the Constable or a Collector of taxes is under the same responsibility for every act done without legal justification as any other citizen." Dicey gave three meanings of the Rule of Law
1. Absence of arbitrary power or supremacy of law
2. Equality before law
3. The constitution is the result of the ordinary law of the land
4. There is no exception from the operation of law
Consider the following statements.
Assertion (A): Under GST, the ability to tax goods and services and raise revenue shifted from origin states (where the good or service is produced) to destination states (where it is consumed).
Reason (R): The new system posed a risk of revenue uncertainty for some states. Parliament went for constitutional amendment bills to make a law to provide for compensation to states for five years to avoid any revenue loss due to GST.
The question below consists of a set of labelled sentences. Out of the four options given, select the most logical order of the sentences to form a coherent paragraph. P- It would be better to speak of uniformities of nature.
Q- Law of nature are not commands but statements of facts.
R- This would do away with elementary fallacy that a law implies a law given.
S- The use of the word law in this context is rather unfortunate.
Read the following passage carefully and choose the most appropriate answer to the question out of the four alternatives.
True, It is the function of the army to maintain law and order in abnormal times. But in normal times there is another force that compels citizens to obey the laws and to act with due regard to the rights of others. The force also protects the lives and the properties of law abiding men. Laws are made to secure the personal safety of its subjects and to prevent murder and crimes of violence. They are made to secure the property of the citizens against theft and damage to protect the rights of communities and castes to carry out their customs and ceremonies, so long as they do not conflict with the rights of others. Now the good citizen, of his own free will obey these laws and he takes care that everything he does is done with due regard to the rights and well-being of others. But the bad citizen is only restrained from breaking these laws by fear of the consequence of his actions. And the necessary steps to compel the bad citizen to act as a good citizen are taken by this force. The supreme control of law and order in a State is in the hands of a Minister who is responsible to the State Assembly and acts through the Inspector General of Police.
"They are made to secure the property of citizens against theft and damage" means that the law:
In the following passage, some of the words have been left out. Read the passage carefully and select the correct answer for the given blank out of thefour alternatives.
In a dynamic society everything is provided for by law and only a few things are __________ to politicians. The universe is governed ________ law. The inverse squarelaw __________ the earth in its orbit and the law of atomic fusion keeps the sun shining ________ the whole earth. Likewise, the law should govern a nation where thejudge, the police and the civil servant dispense ___________ to the citizen. a few things are __________ to politicians.
In the following passage, some of the words have been left out. Read the passage carefully and select the correct answer for the given blank out of thefour alternatives.
In a dynamic society everything is provided for by law and only a few things are __________ to politicians. The universe is governed ________ law. The inverse squarelaw __________ the earth in its orbit and the law of atomic fusion keeps the sun shining ________ the whole earth. Likewise, the law should govern a nation where thejudge, the police and the civil servant dispense ___________ to the citizen.
the sun shining ________ the whole earth.
In the following passage, some of the words have been left out. Read the passage carefully and select the correct answer for the given blank out of thefour alternatives.
In a dynamic society everything is provided for by law and only a few things are __________ to politicians. The universe is governed ________ law. The inverse squarelaw __________ the earth in its orbit and the law of atomic fusion keeps the sun shining ________ the whole earth. Likewise, the law should govern a nation where thejudge, the police and the civil servant dispense ___________ to the citizen.
servant dispense ___________ to the citizen.