Consumers Equil...

At the saturation point of commodity X, the MUx is?

Total utility is maximum when?

Which of the following is not true?

If two negatively sloped demand curves intersect then elasticity of demand at the point of intersection will be

What is the relationship between slope and the demand curve?

The value of elasticity in case of a horizontal line will be

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

At the point of tangency the slope of the indifference curve is ___________?

The doctrine of consumer’s surplus is based on?

Which of the following is one of the assumptions of the indifference curve analysis?

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

Which of the following assumption is not necessary for the cardinal utility theory?

Marginal utility curve of a given consumer is also his?

Total utility curve:

A curve which first moves upwards then downwards is__________?

If two negatively sloped demand curves intersect then

Which of the following will have inelastic demand?

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’?

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

Which of the following will have elastic demand?

Indifference curve depicts

The situation where the equilibrium level of real GDP falls short of potential GDP is known as:

A movement along a given indifference curve is known as?

The slope of price line throughout its length?

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