A
B
C
D
Text Solution
Verified by Experts
The correct Answer is:
SANDEEP GARG-CONSUMER'S EQUILIBRIUM-Revision Exercise
- In case of cardinal utility approach, utility is measured in:
Text Solution
|
- The consumer will be in equilibrium where there is tangency between pr...
Text Solution
|
- 'Cardinality'' means utility can be:
Text Solution
|
- The slope of price line (in case of commodites X and Y) is given by:
Text Solution
|
- Which Law states that. ''When a consumer consumes more and more units ...
Text Solution
|
- In the context of Indifference Curve Analysis, MRS stands for:
Text Solution
|
- For consumer's equilibrium to be stable, the requirement is:
Text Solution
|
- The total utility derived by Shyam by eating 6 apples of 300 utils. Ma...
Text Solution
|
- The assumption of ''Constant marginal utility of money'' means that im...
Text Solution
|
- When Economists speak of the utility of a certain product, they are re...
Text Solution
|
- Utility :
Text Solution
|
- A consumer in conumption of two commodities A and B is at equilibrium...
Text Solution
|
- The Law of Diminishing Marginal Utility will not hold good if Income o...
Text Solution
|
- As per Ordinal Approach
Text Solution
|
- Marginal Utility :
Text Solution
|
- Mollie derives total utility of 10 utils after having 4 mangoes and to...
Text Solution
|
- After reaching the point of satiety, consumption of additional units o...
Text Solution
|
- According to one of the assumption of Law of Diminishing Marginal Util...
Text Solution
|
- Budget line shows:
Text Solution
|
- MU(X) " of " X " is " 40 " and " MU(Y) of Y is 30. It the price of Y i...
Text Solution
|