Utility
 

1 Q.  

If for any product X, total utility from an units is 20 and from 10 unit is 15, then Marginal utility is–[SSC 10+2 Exam,2015]

  • –.5

  • –.5

  • .5

  • -5

2 Q.  

In economics, ‘Utility’ and ‘Usefulness’ words has.[SSC Tax Asst. Exam, 2016]

  • Same meaning

  • Different meaning

  • Opposite meaning

  • None of the above

3 Q.  

The Psychological law of consumption states that–[SSC (10+2) Nov. Exam, 2017]

  • Proportionate increase in consumption is less than proportionate increase in income

  • Increase in income is equal to increase in consumption

  • Increase in consumption is greater than increase in income

  • Consumption does not change with a change in income

4 Q.  

In Economics the ‘Utility’ and ‘Usefulness’ have–[SSC Tax Asst. Exam, 2018]

  • Same meaning

  • Different meaning

  • Opposite meaning

  • None of the above

5 Q.  

When marginal utility is zero, the total utility is–[SSC CPO Exam, 2019]

  • Minimum

  • Increasing

  • Maximum

  • Decreasing

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