Utility means Options: A . &nbspPower to satisfy a want B . &nbspUsefulness C . &nbspWillingness of a person D . &nbspHarmfulness

Utility means

Question

Utility means

Options:

A . Power to satisfy a want

B . Usefulness

C . Willingness of a person

D . Harmfulness

Answer: Option A

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Question 1. Marginal utility is equal to average utility at that time when average utility is....

Question 2. Which one of the following is the task of the Planning Commission?....

Question 3. At the point of satiety, marginal utility is....

Question 4. Total utility of a commodity is measured by which price of that commodity?....

Question 5. According to Marshall, the basis of consumer surplus is....

Question 6. Which of the following bodies finalizes the Five Year Plan Proposals?....

Question 7. What implication does resource scarcity have for the satisfaction of wants?....

Question 8. Who expressed the view that 'Economics should be neutral between ends'?....

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Question 10. Which one of the following is true about Planning Commission?....

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