The combination of two commodities each yielding the same...
The combination of two commodities each yielding the same level of satisfaction to the consumer is
Consumer surplus
Indifference curve
Budget constant
Goods of necessity
Correct answer is B
An indifference curve is a graph showing combination of two goods that give the consumer equal satisfaction and utility.
In a country with ageing population, the total population ...
The production factor, whose entire world supply is fixed is ...
Infant industries can be described as ...
The assumptions of the principles of comparative cost advantage is based on I. Absence of Trade R...
When a variable is associated with time period, it is ...
Tariff on imports are meant to ...
The most important goal of OPEC is to? ...
Of what importance is a wholesaler in the chain of distribution? ...