Adam Smith points out that practical things that we use every day often have little or no value in exchange. Things like cups, utensils, socks, and water are a few examples. On the other hand, things that often have the greatest value in the market have little or no practical use. This is because of marginal utility and scarcity . There is plenty of water in most parts of the world (not scarce), which means that, as consumers, we usually have a low marginal utility for water. In a typical situation, we aren't willing to pay a lot of money for one more drink of water. Diamonds, however, are scarce. Because they are harder to find and attain, our marginal utility (additional satisfaction), for adding a diamond to our collection is much higher than someone offering us one more drink of water.
In the given arrangement, how many such numbers are there which are immediately followed by a symbol and immediately preceded by a letter?
How many such consonants are there in the above arrangement each of which is immediately preceded by a number and immediately followed by a symbol ? <...
Study the following information carefully and answer the given questions.
736 543 349 857 6...
Select the option in which the numbers are related in the same way as are the numbers in the given set.
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Arrange the following words in a meaningful order.
A. Troposphere B. Stratosphere C. Exosphere
D. Thermosp...
How many such consonants are there in the above arrangement each of which is immediately followed by a consonant and also immediately preceded by a sym...
How many such pairs are there in the word ‘TELEPHONE’ (in both forward and backward directions) each of which has as many letters between th...
How many such symbols are there in the above series each of which is immediately followed by a number and also immediately preceded by a consonant?
If all the letters in the word ‘ SCARCITY’ are arranged in alphabetical order from left to right in such a way that vowels are arranged first fol...
What comes next R, U, X, A, D,….?