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In Revealed Preference Theory, a consumer reveals preference for bundle of:

A. Two goods

B. A few goods

C. One good

D. Many goods

Please do not use chat terms. Example: avoid using "grt" instead of "great".

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  1. Who is the author of Problems of Capital Formation in Underdeveloped Countries?
  2. In monopolistic competition, the firms follow:
  3. In the case of superior (normal) commodity, the income elasticity of demand is:
  4. Which of the following curves is a rectangular hyperbola?
  5. The long run average cost curve is:
  6. In monopolistic competition, because of difference in choices, the firm charges:
  7. When elasticity of demand is less than one (e
  8. Which of the following models are associated with non-collusive oligopoly?
  9. In income effect, we:
  10. The difference between average total cost and average fixed cost shows:
  11. Which of the following is not an explicit cost of production?
  12. Change in demand refers to:
  13. When at a given price, the quantity demanded of a commodity is more than the quantity supplied, there…
  14. An economic theory is :
  15. If a ten percent increase in price causes a ten percent reduction in quantity demanded, elasticity of…
  16. Of the following, which one is a characteristic of monopolistic competition?
  17. Production indifference curve (isoquant) is a curve which shows:
  18. The standard form of demand function is:
  19. Variable costs refer to:
  20. Total costs in the short-term (short-run) are classified into fixed costs and variable costs. Which…
  21. In economics, Externality means:
  22. If a monopolist is producing under decreasing cost conditions, increase in demand is beneficial to the…
  23. At the point where the straight line from the origin is tangent to the TC curve, AC is:
  24. The supply curve for the short-run competitive firm is the same as:
  25. Rational economic behavior on the part of the consumer means that he will:
  26. In long run competitive equilibrium:
  27. Normal profits are considered as:
  28. There is no difference between fixed and variable factors in the:
  29. Identify the work of T.W.Schultz:
  30. According to Smith, by value we mean the value with respect to use, and the price we mean the value…