Q.
1

(A) Diminishing marginal utility

(B) Diminishing marginal Rate of substitution between the commodities

(C) Diminishing marginal Rate of technical substitution

(D) Ordinal measurement of utilities

(E) Diminishing marginal utility of money

Choose the most appropriate answer from the options given below:

  • A

    (A) and (D) only 

     

  • B

    (B) and (D) only

  • C

    (C) and (D) only

  • D

    (A) and (E) only