Subject: Economics, asked 19 hours, 50 minutes ago

## With the help of indifference curve, explain the conditions of consumers equilibrium.

Subject: Economics, asked 1 day ago

## what is monotonic preference ?????explain with example.

Subject: Economics, asked 1 day ago

## only one indifference curve will pass through a given point on an Indifference map .(true or false )and explain it.

Subject: Economics, asked 1 day ago

## suppose a consumer can buy 5 units of goods X and 4 unit of good y, if he spends his entire income the price of good X is rupees 10 and that of Y is rupees 12.calculate the income of the consumer.

Subject: Economics, asked 1 day ago

## Definition Law of supply

Subject: Economics, asked 1 day, 1 hour ago

## Explain the exceptions to law of demand .

Subject: Economics, asked 1 day, 1 hour ago

## This question is from microeconomics ch 3 -consumer's equilibrium - utility analysis. Please any can solve this question.

Subject: Economics, asked 1 day, 2 hours ago

## explain consumers equilibrium in case of single commodity with the help of utility schedule Regards!

Subject: Economics, asked 1 day, 2 hours ago

## plzz fastttt anss

Subject: Economics, asked 1 day, 2 hours ago

## Q7. Answer the following: 1+3 a) “Petrol is becoming cheaper, yet the demand for cars is not rising.” Does it mean that the law of demand is not operative? b) The quantity demanded of a commodity at a price of rupees 8 per unit is 600 units. Its price falls by 25% and the quantity demanded rises by 120 units calculate the price elasticity of demand. Is its demand elastic? Give reason.

Subject: Economics, asked 1 day, 2 hours ago

## Q8. Explain how do the following influence demand for a good: 4 a) Rise in income of the consumer when good is an inferior good. Use Diagram.   b) fall in price of substitute good

Subject: Economics, asked 1 day, 2 hours ago

## A consumer consumes only 2 goods X and Y. The marginal rate of substitution is 1. The prices of X&Y are rupees 3 and rupees 4 per unit respectively. Is the consumer in equilibrium? If not, then what will a consumer do to reach the point of equilibrium

Subject: Economics, asked 1 day, 12 hours ago