NMIMS Assignment June 2023 | Business Economics Solution
Students are requested to use the NMIMS Books for writing the assignment ; just use your own language.
Students are requested to use the NMIMS Books for writing the assignment ; just use your own language.
The MCQs on economics are collected and prepared for students appearing for various types of exams like Bcom, Mcom, BBA , MBA, CA , CS, CMA etc. Economics is a compulsory subjects and hence the basic idea of economics is required for every students.
Economists like Hicks, Allen, Samuelson’s, Edgeworth etc. have criticized the utility analysis on the following grounds: •Utility is subjective.•Indivisible Goods.•Goods are not independent.•Marginal Utility of Money is not Constant.•Cardinal Measurement is not Possible.•Consumer is not so calculative.•Income Effect of Price change Ignored INTRODUCTION OF INDIFFERENCE CURVE IC analysis is a modern method to analyze consumer’s …