- Increasing
- Maximum
- Falling
- Minimum
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When two shafts of same length, one of which is hollow, transmit equal torques and have equal maximum stress, then they should have equal?
Answer: Option 2 Let'
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Mean residence time is equal to the space time, when?
Answer: Option 4 Let'
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When marginal revenue is zero, total revenue is?
Answer: Option 1 When marginal revenue is zero, total revenue is Maximum. The profit maximizing quantity and price can be determined by setting marginal revenue equal to zero, which occurs...
1 Answers 1 views
A consumer is in equilibrium when marginal utilities are?
Answer: Option 3 A consumer is in equilibrium when marginal utilities are equal. A consumer is in equilibrium when he derives maximum satisfaction from the goods and is in no...
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When marginal is negative, it must be true that?
Answer: Option 4 When marginal is negative, it must be true that the total is decreasing. Marginal utility may decrease into negative utility, as it may become entirely unfavorable to...
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When Marginal Utility is positive, Total Utility?
Answer: Option 1 When Marginal Utility is positive, Total Utility Decreases. When we say that the total utility is increasing at a diminishing rate, we mean that amount of change...
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When Marginal Utility is zero, Total Utility is?
Answer: Option 2 When Marginal Utility is zero, Total Utility is maximum. It is based in the law of diminishing marginal utility which says 'as more and more units of...
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When total utility becomes maximum, then marginal utility will be?
Answer: Option 3 When total utility becomes maximum, then marginal utility will be Zero. It is based in the law of diminishing marginal utility which says 'as more and more...
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The probabilistic time is given by (where to = Optimistic time, tp = Pessimistic time, and tn = Most likely time)?
Answer: Option 4 The probabilistic time is given by (to + tp + 4tn)/6 where to = Optimistic time, tp = Pessimistic time, and tn = Most likely time
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Directions : In each of the following questions a statement is given, followed by two conclusions. Give answer : Statement : Equality of income throughout a community is the essential condition for maximizing the total utility which the total income available could confer on the members of that community. Assumptions : I. If extra income were taken from the rich and given to the poor, the total utility experienced by the community would increase. II. Equal pay for equal work.?
Answer: Option 1 The total utility can be maximised by equality of income throughout the community, i.e., by giving extra income from the rich to the poor. So, I is...
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