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Consumers Equil...

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  • Question 1
    1 / -0

    A rise in the income of the consumer leads to a fall in the demand for commodity ‘x’. What type of good is commodity ‘x’?

  • Question 2
    1 / -0

    The substitute goods of a normal good are those that can be used

  • Question 3
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    One factor that causes a righttward shift of the demand curve out of the following is

  • Question 4
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    One factor that causes a movement along the demand curve of a commodity

  • Question 5
    1 / -0

    The marginal product is above the average product curve, when the average product is:

  • Question 6
    1 / -0

    What does one take on two axes while drawing an indifference curve?

  • Question 7
    1 / -0

    A demand function shows

  • Question 8
    1 / -0

    The tangency between price line and indifference curve shows?

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