Strong ordering means
A) absence of indifference
B) presence of indifference
C) no difference between different combinations
D) none of the above
Correct Answer:
Verified
Q6: If both the products X & Y
Q7: Which of the following statement is TRUE
Q8: If negative income effect is less than
Q9: Which of the following statements is true
A)hicksian
Q10: According to Hicks substitution effect is
A)the movement
Q12: In the fundamental theorem of consumption and
Q13: If negative income effect is greater than
Q14: As per indifference curve analysis consumer equilibrium
Q15: The slope of a budget line is
A)the
Q16: At the point of tangency the slope
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