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The amount of income left over for a consumer in equilibrium is :

A. Consumer surplus

B. Zero

C. Two rupees

D. Excess demand

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

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  1. An indifference curve shows the bundles of two goods among which a consumer remains:
  2. In the case where two commodities are good substitutes then cross elasticity will be:
  3. The concept of period refers to:
  4. A market demand curve presumes that:
  5. The effects according to which people use those goods which are concerned with distinctive standard…
  6. Identify the author of The Principles of political Economy and Taxation:
  7. One common definition of a luxury good is a good with income elasticity:
  8. Consumers Surplus can also be defined as:
  9. Efficient allocation of resources is likely to be achieved under:
  10. Rotten eggs are:
  11. In monopolistic competition, if a firm lowers its price, the rival firms will:
  12. The word ECONOMICS is derived from the Greek terms meanings:
  13. Who is the founder of classical school of thought?
  14. Formulation of an economic theory involves:
  15. Perfect competition implies:
  16. The basic subject matter of economics is:
  17. Regarding economic decisions, economics of uncertainty identifies:
  18. A market-clearing price:
  19. In cournot model firms:
  20. A firm is a sum of persons who convert:
  21. The feasible part of the demand curve for the monopolist who is charging high price will be:
  22. The main contribution of Prof. Lord Keynes is in the field of:
  23. In discriminating monopoly (price discrimination), the elasticity of demand of product in two markets…
  24. The ordinal approach was presented by:
  25. The imaginary differentiation is attributed to difference in:
  26. The basic and essential economic problems in a community are related to choice and:
  27. If the demand for good is more elastic and government levied a tax per unit of output, the price per…
  28. Total fixed costs are:
  29. The advertisement and other selling activities:
  30. The firm is said to be in equilibrium when the difference between revenue and cost is: