Question
A consumer has utility function given by : u{x1,x2} = min {2x1+x2, x1+2x2}. Given income m = 100, prices p1 = 20, p2 = 30, the amount of x1 in her utility maximizing bundle is:
More Research Questions
- Which one of the following is not an assumption of Marshall’s Cardinal Utility Analysis?
- Comparative statics in mathematics/economics refers to:
- The Benefit Principle of taxation is most closely associated with the financing of which of the following goods?
- According to the latest 2024 data provided by the Happy Planet Index (HPI) and the 2025 World Happiness Report, what is India’s current standing?
- In a small open economy with a floating exchange rate, the supply of real money balances is fixed and a rise in government spending ______
- The 'Crowding Out' effect of fiscal policy refers to:
- The Fisher Effect assumes that the
- A country is running a Fiscal Deficit of $500 billion, and the government's interest payments on existing debt are $100 billion. If the country has nominal...
- A regressive tax structure implies that the average tax rate:
- If X(bar) = 25, Y(bar) = 120, bxy = 2. Find the value of X when Y=130?
Hey! Ask a query
Please enter email id
The email must be a valid email address.
Please enter Mobile Number
Please enter valid Mobile Number
Please enter your Doubt
Think You're Ready for RBI Grade B?
RBI Grade B 2026 Phase 1 Memory Based Paper
- 200 Questions with Detailed Solutions
- Section-wise Coverage (GA, English, Quant & Reasoning)