Home
Class 11
ECONOMICS
An increase in income will lead to the f...

An increase in income will lead to the following change in Bundget Line :

A

B

C

D

Text Solution

Verified by Experts

The correct Answer is:
D
Promotional Banner

Topper's Solved these Questions

  • CONSUMER'S EQUILIBRIUM

    SANDEEP GARG|Exercise Practicals on TU and MU|9 Videos

  • COST

    SANDEEP GARG|Exercise Unsolved Practicals|42 Videos

Similar Questions

Explore conceptually related problems

In an economy will every increase in income 70 per cen to fthe increased income is spent on consumption. Suppose a fresh investment of 300 crores takes place in the economy. Calculate the following: (i) Change in the income, (ii) Change in saving.

in an economy an increase in investment leads to an increase in national income three times more than increase in investment , calculate MPC.

In an economy , with every increase in income, 10 per cent of the rise in income is saved. Suppose a fresh investment of Rs.120 crores takes place in the economy, Calculate the following : (i) Change in the income, (ii) Change in consumption.

Increase in blood pressure leads to

In an economy , an increase in investment leads to increase in national income which is times more then the increase in investment. Calculate marginal propensity to consume.

SANDEEP GARG-CONSUMER'S EQUILIBRIUM-Revision Exercise
  1. The consumer is in equilibrium at a point where the budget line:

    Text Solution

    |

  2. Which of the shaded area in the diagrams below represent total utility...

    Text Solution

    |

  3. If Marginal Rate of Substituation is constant throughtout, the Indiffe...

    Text Solution

    |

  4. If Marginal Rate of Substituation is increasing throughout, the Indiff...

    Text Solution

    |

  5. A consumer consumes only two goods, If price of one of the goods falls...

    Text Solution

    |

  6. A consumer consumes only two goods X and Y both Priced at Rs 4 per uni...

    Text Solution

    |

  7. A consumer consumes only two goods X and Y whose prices are Rs 3 and R...

    Text Solution

    |

  8. In the following diagram, the situation of Consumer's Equilibrium and ...

    Text Solution

    |

  9. Which Indifference Curve represents the highest level of satisfaction ...

    Text Solution

    |

  10. An increase in income will lead to the following change in Bundget Lin...

    Text Solution

    |

  11. The rotation of budget line in the following diagram is due to:

    Text Solution

    |

  12. Marginal utility is:

    Text Solution

    |

  13. Total utility is

    Text Solution

    |

  14. Which of the following can be referred to as 'point of satiety' ?

    Text Solution

    |

  15. At the Point of Satiety,

    Text Solution

    |

  16. A consumer consumes only two goods. If price of one of the good falls,...

    Text Solution

    |

  17. Slope of an indifference Curve is measured by:

    Text Solution

    |

  18. If MU(y) = 20, MU(x) = 60, Price of Y = Rs 4, then what will be the pr...

    Text Solution

    |

  19. Market Rate of Exchange also denotes :

    Text Solution

    |

  20. When marginal utility is zero, total utility is:

    Text Solution

    |