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For homothetic functions, Engel curve is a straight line. As Quasilinear preferences are not homothetic, they do not have Engel curve with a straight line.
The difficulty is trying to spot something big before it becomes a problem but not crying bee too often.
The given idiom is followed by four meanings. Choose the one which best expresses the meaning of the given idiom.
In dribs and drabs
Select the most appropriate meaning of the given idiom.
Sitting shotgun
Slap on the Wrist
Persuade an unwilling person to do something by using force or threats.
In the following question a proverb/idiom us given. Select the option that best describes the meaning of the given proverb/idiom.
burning the m...
Killer of prophet
Select the most appropriate meaning of the given idiom.
To be on the same page
Economists argue about a lot of things, yet many would probably see eye to eye on the benefits of free trade, which generates wealth by allow...
