red w c) Zero gative is known as the Father of Econonli llfred Marshall c) Leonel Robbins roics given by Robins is based on--- b) Scaricity of Means d) Wealth of Nations also called as y b) Price Theory c) Growth Theory d) Employment Theory e development of macro-economic approach must go to II b) Prof. Pigou c) remains constant d) becomes zero y diminishes, as consumption of a commodity b) Decreases c) Remains constant d) becomes zero and is also known as demand. d b) Direct c) composite d) joint of Demand is applicable to goods . ige b) Giffen c) Quality d) Normal Utility is sum of the utility obtained from consumption of all units of a comma urginal b) Total c) Average d) Maximum case of Perfectly inelastic demand, the numerical value of the Elasticity of a Zero b) Infinite c) One d) Less than one 1 Indifference Curve is to the origin. ) Concave b) Horizontal c) Convex d) Vertical Perfectly Elastic demand curve is to X-axis. a) Flatter b) Horizontal c) Convex d) Vertical Principles of Ec 109 B. Com.-I year