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Fill in the Blanks by Suitable word : 1. ‘Economics is the science of wealth’ is the statement of … … … 2. … … …. …. is the satisfaction power of the commodity. 3. The formula for consumer’s surplus is … … … …. 4. Two qualities of a good to be wealth are … … … and … …. …. …. 5. When a rational consumer consumes homogeneous goods continuously, it satisfaction diminishes continuously is the concept of Law … … … … … 6. …. … … means use of goods to fulfill wants of the consumer. 7. Creation of utility is known as … …. … in economics. 8. The satisfaction derived from the consumption of last one unit of commodity is ….. ….. Utility. 9. According to the law … … … … , when consumer consumes two or more than two goods, making equal satisfaction from the consumption of goods. 10. The study of income and expenditure of the Government is known as … … … |
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