The budget-line is also known as the:

A. Iso-utility curve

B. Production possibility line

C. Isoquant

D. Consumption possibility line

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

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  1. Who wrote An Introduction to Positive Economics?
  2. All of the following are capital resources except:
  3. The CES production function shows:
  4. According to Marshal, the Law of Diminishing Returns is applicable to:
  5. Indifference curve approach (ordinal approach) is superior to utility approach (cardinal approach) because:
  6. In case of monopoly, when total revenue is maximum:
  7. If the demand curve is inelastic then:
  8. Who wrote Mathematical Analysis for Economists?
  9. A price is a ratio of exchange between:
  10. The Hicksian demand curve includes:
  11. The general form of Cobb-Douglas production function is:
  12. If a good is an inferior good then an increase in incomes of the consumers will:
  13. The main contribution of Malthus is in the field of:
  14. The MRTS along an iso-quant goes on to:
  15. The slope of marshallian demand curve is:
  16. A fall in demand for the product under monopolistic competition will likely result in:
  17. According to Marginalists, the price of any commodity is determined by:
  18. The total utility is gained by consuming:
  19. According to Chamberline, in monopolistic competition, differentiation is determined by:
  20. Of the following, which one is a characteristic of monopolistic competition?
  21. Price is measured in:
  22. When was Adam Smiths major work An Enquiry into the Nature and Causes of Wealth of Nations published?
  23. The addition or increment to the total cost involvesd in expanding or contracting output by one unit…
  24. We can find total utility by:
  25. MC = MR = AC = AR shows the long run equilibrium position of the:
  26. If the commodity is normal then Income Effect (I.E) is:
  27. According to Marshallian approach, utility:
  28. The isoquant approach is:
  29. Two policy variables, product and selling activities in the theory of firm was introduced by:
  30. Total utility and price are: