A computer system is a useless system without the Operating System (OS). Operating System provides the basic rules, conventions, protections and necessary services for the functions of the applications programs …
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Define Operating System (OS)
Operating System is software between applications and hardware which gives resources to application programs/software for various tasks and controls the execution of all others programs. It is the most important …
Read More »Why should a CSE student study about operating systems?
Operating System (OS) is a key part of a computer system. It makes our lives better for good uses and worsens for bad uses. It is the magic and power …
Read More »What is Artificial Intelligence (AI)?
Artificial Intelligence – AI is the modern concept of computer science for making computer’s intelligence like as a human. AI is the simulation of human intelligence into a computer system. …
Read More »Example and Explanation of Law of Equi-Marginal Utility
Example and Explanation of Law of Equi-Marginal Utility The doctrine of equi-marginal utility can be explained by taking an example. Suppose a person has Tk. 5 with him whom he …
Read More »Definition and Statement of Law of Equi-Marginal Utility
Definition and Statement of Law of Equi-Marginal Utility The law of equi-marginal utility is simply an extension of law of diminishing marginal utility to two or more than two commodities. …
Read More »Practical Importance of Law of diminishing marginal utility
Practical Importance of Law of diminishing marginal utility The law of diminishing marginal utility has great practical importance in economics. The law of demand, the theory of consumer’s surplus, and …
Read More »Limitation/Exception of Law of Diminishing Utility
Limitation/Exception of Law of Diminishing Utility There are some exceptions or limitations of the law of diminishing utility. Case of intoxicants: Consumption of liquor defies the law for a short …
Read More »Assumptions of Law of Diminishing Marginal Utility
Assumptions of Law of Diminishing Marginal Utility The law of diminishing marginal utility is true under certain assumptions. These assumptions are as under: i) Rationality: In the cardinal utility analysis, …
Read More »Schedule of Law of Diminishing Marginal Utility
Schedule of Law of Diminishing Marginal Utility Units Total Utility Marginal Utility 1st glass 2nd glass 3rd glass 4th glass 5th glass 6th glass 20 32 40 42 42 39 …
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