Complete the Correlation:(1) Fan in summer : Time utility :: Sweater i

Complete the Correlation:(1) Fan in summer : Time utility :: Sweater in Shimla : ………….. (2) Additional Utility : Marginal utility :: Aggregate utility : ………….. (3) Maximum TU : Zero MU :: TU declines : ………….. (4) Measuring in numbers : …………..:: Higher or Lower level: Ordinal measurement (5) Point of satiety : ………….. :: Beyond point of satiety: Dissatisfaction (6) Transport of goods : ………….. :: Storage of goods : Time utility(7) Want satisfying power : ………….. :: Use value of a commodity : Usefulness (8) Homogeneity : Assumption of the law of DMU :: Hobbies : ………….. (9) Increases at a diminishing rate : Total Utility :: Goes on diminishing : ………….. (10) Consumer : To obtain maximum satisfaction :: …………..: To frame various economic policies

Answer»

(1) Place Utility

(2) Total Utility

(3) Negative MU

(4) Cardinal measurement

(5) Full satisfaction

(6) Place utility

(7) Utility

(8) Exception of law of DMU

(9) Marginal Utility

(10) Government