| Question # 1 of 20 ( Start time: 11:17:36 AM ) | Total Marks: 1 | ||||||||
| If the price is held constant, an increase in income will: | |||||||||
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| When more consumers will enter in the market then the market demand curve will: | ||||||||
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| Question # 5 of 20 ( Start time: 11:21:54 AM ) | Total Marks: 1 | ||||||||
| A person can earn Rs. 20,000 with 100% probability from a job "A" with utility level of 16. The person also can have a job "B" with 50% chance of earning Rs.30, 000 and a 50% chance of earning Rs.10, 000 with utility level of 14. What will be the decision of risk averse person? | |||||||||
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| Consumer equilibrium is attained at a point where slope of indifference curve is tangent to the slope of: | ||||||||
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| Question # 7 of 20 ( Start time: 11:34:05 AM ) | Total Marks: 1 |
| Coffee and tea are considered as substitutes, if price of tea decreases then it will shift: | ||||||||
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| The magnitude of the slope of an indifference curve is: | ||||||||
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Sh@ist@
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