Question
For which preferences the income offer curve
and the price offer curve are equal?Solution
Income offer curve is a line that depicts the optimal choice of two goods at different levels of income at constant prices.
Price offer curve is a line that depicts the optimal choice of two goods as price of 1 good change holding the price of other good and income fixed.
For perfect complements preferences, the two curves are the same.
If ‘REALISE’ is coded as ‘9’, ‘PAMPHLET’ is coded as ‘8’, then what is the code for ‘PROPOSE’ in the same code language?
...John starts walking in a straight line towards the north direction. After walking 6m, he takes a left turn. After walking 8m, he turns right, and stops ...
Which of the following numbers will replace the question mark (?) in the given series?
380, 552, 870, ?, 1406
If 54 [9] 3 and 108 [30] 5, then what is the value of Z in 19 [Z] 18?
A group of alphabets are given with each being assigned a number. These have to be unscrambled into a meaningful word and correct the order of letters m...
Four number pairs have been given, out of which three are alike in some manner and one is different. Select the one that is different.
242, 288, ? , 392, 450
Question: Four people, A, B, C and D, are sitting in a straight line, facing south. Who is sitting at the right end?
Statements:
(I) O...
Odd one out
Select the set in which the numbers are related in the same way as are the numbers of the following sets.
(NOTE : Operations should be performed ...
