Question
Revealed preference theory
assumesSolution
Revealed preference, a theory offered by American economist Paul Anthony Samuelson in 1938, states that consumer behaviour, if their income and the item's price are held constant, is the best indicator of their preferences. Revealed preference theory works on the assumption that consumers are rational have strong ordering.
____ institute isĀ responsibleĀ forĀ breedingĀ improvementsĀ inĀ sugarcaneĀ andĀ conductĀ basic research on genetics and cytogenetics of sugarc...
What accounts for the largest category of agricultural imports in India?
Visual aid of communication does not include which of the following?
Soybean is not consumed as dal due to presence of
Coconut belongs to the family
Lichens, the pioneer organisms that initiate ecological succession are actually a symbiotic association of
The let-down of milk in cow is due to release of which of the following hormone?Ā
Who is known as father of tillage?
Which of the following is a part of stomach of ruminants?Ā
Which of the following soil horizon is also known as the 'Zone of illuviation'?