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  1. AlphaCentauri

    Economics 32 discussion of question/answers

    2.A consumer who aims to maximise his utility will arrange his consumption so that A. the total utility obtained from each commodity is the same. B. the total utility per $ spent on each commodity is the same. C. the same utility is obtained from the last unit of each commodity. D. the same...
  2. AlphaCentauri

    Economics 32 discussion of question/answers

    Lol, okay, I get you. Now, both answer seem to fit in.
  3. AlphaCentauri

    Economics 32 discussion of question/answers

    No. Read it well. B is the TOTAL utility per $ spent on each commodity is the same.
  4. AlphaCentauri

    You too. :)

    You too. :)
  5. AlphaCentauri

    Economics 32 discussion of question/answers

    D. The same utility is obtained from the last unit of expenditure on each commodity > IS MU/$
  6. AlphaCentauri

    Economics 32 discussion of question/answers

    A consumer who aims to maximise his utility will arrange his consumption so that:
  7. AlphaCentauri

    Economics 32 discussion of question/answers

    :) 2) D. The same utility is obtained from the last unit of expenditure on each commodity. 6) B. I think you copied the wrong question there. It's an area. Economic rent. 7) B. Wrong question again. Are the questions in the right order? :/
  8. AlphaCentauri

    I am not at uni yet. :)

    I am not at uni yet. :)
  9. AlphaCentauri

    I'm alright. Bas thora kam khana hain. Exams stress over. :P

    I'm alright. Bas thora kam khana hain. Exams stress over. :P
  10. AlphaCentauri

    Wa a'laikum assalaam Baja. :P Haan, long time. Kaise hain aap? :D

    Wa a'laikum assalaam Baja. :P Haan, long time. Kaise hain aap? :D
  11. AlphaCentauri

    Economics 32 discussion of question/answers

    He is the examinee. :P During a recession, a govt. increases its expenditure on goods and services by $10 million but leaves tax rates unchanged. Why might the subsequent increase in national income be less than $10 million? A. Increased govt. borrowing increases interest rates. B. The...
  12. AlphaCentauri

    Ultimate Economics Thread for Future Economists

    Hmm... alright. Thank you.
  13. AlphaCentauri

    Economics, Accounting & Business: Post your doubts here!

    The proportion of a total industry's demand that accrues to a firm => Firm's sales/ Market demand or Total sales for the product.
  14. AlphaCentauri

    Ultimate Economics Thread for Future Economists

    Yeah. I'm doing Further Maths too. No, but what I meant was, is there any book you'd recommend us to read before embarking on the course?
  15. AlphaCentauri

    scholarship criteria

    There are some scholarships specifically for Africans, Indians, Malaysians, etc. You have to check it well on their sites. :)
  16. AlphaCentauri

    scholarship criteria

    Check on their sites. I think there might be.
  17. AlphaCentauri

    Economics 32 discussion of question/answers

    High labour turnover
  18. AlphaCentauri

    Economics 32 discussion of question/answers

    Exact wording?
  19. AlphaCentauri

    Economics 32 discussion of question/answers

    If you do accounting, you'll understand the nuance. Turn-over, being replaced.
  20. AlphaCentauri

    Economics 32 discussion of question/answers

    Where natural unemployment increases. What was the exact wording? I remember there was something about it.
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