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Consider the following statements about indifference curves: 1. Indifference curves are convex to the origin. 2. Higher indifference curve represents higher level of satisfaction. 3. Two indifference curves cut each other.Which of the statements given above is/are correct?

Correct Answer: 1 and 2

The indifference curves cannot intersect each other.

Higher indifference curve represents a higher level of satisfaction because higher IC means a bundle consisting more of both the goods or same quantity of one good n more quantity of the other good .Hence statement 2 is correct and 3 is incorrect.

Indifference curves is convex to the point of origin because of diminishing Marginal Rate of Substitution.

Indifference curves relating to supply of labour have a number of properties some of which are mentioned below
1. Indifference curves are downward slopping
2. Indifference curves are upward slopping
3. Higher indifference curves indicate lower levels of utility
4. Higher indifference curves indicate higher levels of utility
5. Indifference curves do not intersect
6. Indifference curves intersect
7. Indifference curves are concave to the origin
8. Indifference curves are convex to the origin
Which among the following properties are not true?

From an alloy, two specimens are machined and tested separately under tension and compression. The engineering stress-strain curves as well as the true stress-true strain curves for tension and compression are plotted in the same diagram. Identify the correct statements:
P. The engineering stress-strain curves in tension and compression are identical.
Q. The true stress-true strain curve in compression is lower than the true stresstrue strain curve in tension due to Bauschinger effect.
R. The true stress-true strain curve in tension is above the corresponding engineering stress-strain, curve.
S. The true stress-true strain curve in tension and compression are identical.

Directions: Seven different boxes A, B, C, D, E, F and G of different colours viz., Orange, Pink, Purple, Yellow, Blue, Red and Green are arranged one above the other. The box at the bottom of arrangement is numbered 1, the above box is numbered 2 and so on. B is immediately above E. More than two boxes are above the Orange box. The Yellow box is immediately below A. Only one box is between the Orange box and F. G is immediately above the Red box. Only one box is between B and the Pink box. Only two boxes are between the Pink and the Green box. Only two boxes are between the Yellow box and the Orange box. The Purple box is neither at the top nor at the bottom of the arrangement.B is above Pink box. C is immediately above F. Neither C nor G is a Yellow box. G is not a Orange box. Question: Which combination represents the position of C and its colour?

The MC curve reaches its minimum point before the AVC curve and the AC curve. In addition the MC curve intersects the AVC curve and the AC curve at their lowest point. The above statements are both true

Consider the following statement regarding the proclamation of national emergency under Article 352 of the Constitution of India:
1. A proclamation of emergency once approved by Parliament shall remain in force for a period of six month.
2. The satisfaction of the President under Article 352, is the satisfaction of the Union Council of Ministers.
3. While the proclamation is in the operation, the normal life of the Lok Sabha cannot be extended.
4. The freedom given by the Article 19 of the Constitution can be suspended.
Which of the statements given above as correct?

Which of the following statement is/are correct?
1. Indifference curves slope downwards to the right
2. Indifference curves can never intersect each other
Select the correct answer

Consider the following statements.
1. Magnetic lines of force are closed curves while electric lines are not.
2. Electric lines of force are closed curves while magnetic lines are not.
3. Both electric and magnetic lines of force are closed curves.
Which of statement(s) given above is/are correct?

With reference to indifference curve, which of the following statement is/are correct?
1. It represents all those combinations of goods which give same satisfaction to consumer.
2. A consumer selects or buy the combination of equilibrium goods that maximise utility.
Select the correct answer

Y axis is the density function for volume fraction. X axis is F0 Curve a represents the microwave heating curve and curve b represents the conventional heating pattern. Which of the following statements are true for the above graph?

In convex learning problems where the loss function is convex, the preceding problem is also a convex optimisation problem.