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Consumers Equil...

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  • Question 1
    1 / -0

    An indifference curve indicates, ceteris paribus?

  • Question 2
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    Which of the following utility approach suggests that utility is a measurable and quantifiable entity?

  • Question 3
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    The value of elasticity in case of a horizontal line will be

  • Question 4
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    Which of the following statements regarding utility is not true?

  • Question 5
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    When the total utility is increasing at an increasing rate, marginal utility is___________?

  • Question 6
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    According to Marshall, the law of diminishing marginal utility applies on ___________?

  • Question 7
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    At the point of tangency the slope of the indifference curve is ___________?

  • Question 8
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    Utility is measured in terms of?

  • Question 9
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    An indifference curve is always?

  • Question 10
    1 / -0

    The doctrine of consumer’s surplus is based on?

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