Marginal utility
Form utility
Place utility
Total utility
Correct answer is C
Place utility involves the changing of location of a commodity from one geographical area where it has little utility to another area where its utility is higher. For example, cattle are mainly reared in the North where it has little utility but transported to the South where it has higher utility.
Factors affecting size of Labour Force include the following EXCEPT?
Level of technology
Retirement age
Government policies
Trade Union activities
Correct answer is A
Factors that affect the size of Labour Force include the following: Size of population of a country, official school leaving age, retirement age, pursuit of higher education, age, structure of population, role of women in the society, number of working hours and working days, the number of disabled, the number of people willing to work, migration.
195 million people per sq km
5132 people per sq km
195 people per sq km
1.7 million people per sq km
Correct answer is C
Total population = 180,000,000
Total land area = 923,768 sq km
Population density = (Total population) / (Land area)
=180,000,000/923,768
=194.85
=195 persons per sq km
Consider the following statements:
Only 1
Only 2
Both 1 and 2
Neither 1 nor 2
Correct answer is C
Extreme climates such as very hot or cold deserts are uncomfortable for human habitation. Areas with a comfortable climate, where there is not much seasonal variation, attract more people. People prefer to live in areas where fresh water is easily available. River valleys are among the most densely populated areas of the world. Spatial distribution of population can be better understood with the help of density of population. Hence, the correct answer is option C.
The economic term used to refer to human wants, desires or needs is known as?
Ends
Alternative means
Scarce
Means
Correct answer is A
Professor Lionel C. Robbins defined economics as the science which studies human behavior as a relation to ends and scarce means which have alternative uses. The “ends” in the definition refers to human wants, desire or needs. Human wants are numerous or many relative to available resources required to satisfy them.