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  • Nation’s standard of living depends on its … #361
  • The monopoly pricing causes … #362
  • The attribute, quality, characteristic or the capacity of a good or service to satisfy some human want is called … #363
  • The change in the total utility by consuming an extra/additional unit of the commodity is … #364
  • When the total utility is maximum and marginal utility of a commodity is zero. #365
  • When Marginal Utility is negative, Total Utility … #366
  • The objective of the consumer is to maximize total utility by spending his … #367
  • … shows the various combinations of two commodities which gives the same level of satisfaction to the consumer. #368
  • A higher the Indifference Curve, the higher will be the … #369
  • In between two Indifference Curves, there can be … Indifference Curves. #370
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