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Commerce Business Management Difficulty: Medium

Which of the following is not an important factor in decision-making?

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A Competency consists of . . . . . . . . Match the following. List-I List-II a. Cardinal approach 1. Marginal utility b. Ordinal approach 2. Revealed preference theory c. Hicks-Allen approach 3. Indifference curve d. Consumer's surplus 4. Alfred Marshall If the marginal (additional) opportunity cost is a constant then the PPC would be Which of the following is not an accounting convention? Accounting Standard-14 is