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CBSE - XII Commerce - Microeconomics - Theory of Consumer Behaviour
define utility and consumption
Asked by devnandan2004
23rd September 2020,
7:23 AM
CBSE - XII Commerce - Microeconomics - Theory of Consumer Behaviour
What are the properties of indifference curves, ICs?
Asked by Topperlearning User
25th April 2016,
11:03 AM
CBSE - XII Commerce - Microeconomics - Theory of Consumer Behaviour
Explain the equality of the MRS and the price ratio.
Asked by Topperlearning User
25th April 2016,
11:03 AM
CBSE - XII Commerce - Microeconomics - Theory of Consumer Behaviour
Why should the consumer’s optimum point be located on the budget line?
Asked by Topperlearning User
25th April 2016,
11:03 AM
CBSE - XII Commerce - Microeconomics - Theory of Consumer Behaviour
What is a utility function?
Asked by Topperlearning User
25th April 2016,
11:03 AM
CBSE - XII Commerce - Microeconomics - Theory of Consumer Behaviour
Explain indifference map with diagram.
Asked by Topperlearning User
25th April 2016,
11:03 AM
CBSE - XII Commerce - Microeconomics - Theory of Consumer Behaviour
Why do the indifference curves slope downwards?
Asked by Topperlearning User
25th April 2016,
11:03 AM
CBSE - XII Commerce - Microeconomics - Theory of Consumer Behaviour
What is Marginal Rate of Substitution?
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25th April 2016,
11:03 AM
CBSE - XII Commerce - Microeconomics - Theory of Consumer Behaviour
If the consumer is indifferent to the bundles (6, 7) and (7, 7), is the preference of the consumer monotonic?
Asked by Topperlearning User
25th April 2016,
11:03 AM
CBSE - XII Commerce - Microeconomics - Theory of Consumer Behaviour
If a consumer’s preference is monotonic, can the consumer be indifferent between the combinations (10, 8) and (8, 4)?
Asked by Topperlearning User
25th April 2016,
11:03 AM
CBSE - XII Commerce - Microeconomics - Theory of Consumer Behaviour
What is monotonic preference?
Asked by Topperlearning User
25th April 2016,
11:03 AM
