11th Principles of Economics MCQS
Marginal utility at the point of satiety is
Positive
Initial
Zero
Negative
Marginal utility curve moves
From left to right upward
From left to right downward
Parallel to ox axis
Parallel to oy axis
Which economist did present, cardinal theory of utility
Marshall
Karoos
Cannon
J.B. Say
Which of the following stated that utility is measurable
Marshall
Robbins
Keynes
Adam Smith
Economist who presented the first law of consumption
Robbins
Marshall
Pigou
Adam smith
When total utility is decreasing, marginal utility is
Maximum
Zero
Negative
Positive