Question
Expansion path is related to production theory similarly
________________ is related to consumption theorySolution
In economics and particularly in consumer choice theory, the income-consumption curve is a curve in a graph in which the quantities of two goods are plotted on the two axes; the curve is the locus of points showing the consumption bundles chosen at each of various levels of income. Similarly, expansion path is a curve in a graph with quantities of two inputs, typically physical capital and labor, plotted on the axes. The path connects optimal input combinations as the scale of production expands.
Which of the given figures when placed in the 5th position would continue the series that is established by the first four figures?
What should come in place of the question mark (?) in the given series based on the English alphabetical order?
WKG UHC SEY QBU OYQ ?
Select the correct mirror image of the given figure when the mirror is placed at MN as shown below.
Which of the answer figures is the exact mirror image of the given problem figure when the mirror is held at the right side ?
Problem Figure: ...
If the given sheet is folded to form a cube, which of the following figures is possible?
Select the Venn diagram that best represents the relationship between the following classes.
Snakes, Crocodiles, Reptiles
How many classes are there in the given image?
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 on the w...
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 o...
Select the correct mirror image of the given figure when the mirror MN is placed to the right side of the figure.