Which of the following is not a property of indifference curve?
Convex to the origin
Slopes downwards to the right
Parallel to each other
Cannot intersect each other
Also checkout these categories
Periodic Classification of Elements MCQ Adobe Flash MCQ Hydrogen- Water and Hydrogen Peroxide MCQ Surface Chemistry MCQ Wave, Motion, and Sound MCQ Selenium automation MCQ Viruses MCQ The Living World MCQ Aldehydes and Ketones MCQ Engineering Materials MCQ Plants Physiology MCQ Fluid Mechanics MCQ
- Which of the following curves is a rectangular hyperbola?
- The general form of Cobb-Douglas production function is:
- The MRTS along an iso-quant goes on to:
- The main contribution of David Ricardo is in the field of:
- In Prisoners Dilemma, both the prisoners are interrogated:
- The Purchasing Power Parity (PPP) Theory is presented by:
- According to Smith, by value we mean the value with respect to use, and the price we mean the value…
- A fall in demand for the product under monopolistic competition will likely result in:
- At the point where the straight line from the origin is tangent to the TC curve, AC is:
- The monopolist often lead to exploitation of:
- If regardless of changes in its price, the quantity demanded of a commodity remains unchanged, then…
- With firms having cost differences under perfect competition, a firm, which earns normal profit in the…
- Which of the following is the work of A.C.Pigou?
- An income demand curve of an inferior good is:
- The number of sellers in duopoly is:
- To attain maximum profits during short-run a firm should produce the output that will:
- The behavior of MC curve is determined by the behavior of the:
- LMC represents change in LTC (long-run total cost) due to producing an additional unit of a good while…
- Identify the coefficient of price-elasticity of demand when the percentage increase in the quantity…
- At high prices, demand is likely to be:
- The sufficient condition of firms equilibrium requires:
- In the case of substitutes, the cross demand curve slopes
- When total product increases at a decreasing rate:
- The cost of firms in cournot model are:
- When income of the consumer increases then demand curve of an inferior good:
- When SAC curve rises, SMC curve lies its:
- In the case of complements, the cross demand curve slopes:
- Indifference curves are downward sloping and are drawn bowed toward the origin (convex to the origin)…
- The falling part of total Utility (TU) curve shows:
- Who is the author of Trade Cycle ?