When a consumer is in equilibrium then slope of indifference curve is:

A. Equal to the slope of budget line

B. Greater than the slope of budget line

C. Smaller than the slope of budget line

D. Parallel to the slope of budget line

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

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  1. Any straight line supply which cuts the x-axis will have:
  2. The vertical distance between TVC and TC is equal to:
  3. The costs faced by the firm against fixed factors are:
  4. The alternative of profit maximization theory is:
  5. 7.The costs which the firms have to face in order to change the price tags of their products and services…
  6. At final equilibrium in cournot model, each firm sells:
  7. The non-price competition cartel is a:
  8. Of the following, which one is a characteristic of monopolistic competition?
  9. The short run cost curve is U shaped because of:
  10. On all points of budget (price) line:
  11. Loanable funds theory of Interest was developed by:
  12. If the consumers expect that the price of computers will decrease in next year then:
  13. According to Cobb-Douglas, in production function the marginal product of labor is:
  14. Marginal utility equals:
  15. Contracts made by firms in cooperative games are:
  16. Normally when price per unit of time falls:
  17. When total revenues equal to total opportunity cost then the firm will earn:
  18. Identify the author of The Affluent Society?
  19. In case of short-run, the supply curve of an industry is the horizontal summation of:
  20. When price increases and with it the total outlay on a commodity also increases, it is a case of:
  21. If there are many firms producing similar but differentiated products, the competition is generally…
  22. Price-taker firms:
  23. Microeconomics is also known as:
  24. The number of sellers in oligopoly are:
  25. Increasing return to scales can be explained in terms of:
  26. A country is advised to devalue (reduce external value of) its currency only when its exports face:
  27. The firm in cournot model:
  28. Economics define technology as:
  29. Who developed the concept of Representative Firm?
  30. Total variable cost curve: