Question
Which method is used by Hicks to eliminate the income
effect when price of a product is changedSolution
Hicks has separated the substitution effect and the income effect from the price effect through compensating variation in income by changing the relative price of a good while keeping the real income of the consumer constant.
The forces that work on the surface of the earth are known as which of the following?
'Nakshatra Sabha,' aimed at promoting astro-tourism, was first held in which Indian city?
Which hill station in India is known as the ‘Queen of the Mountains’?
Who won the Brazilian Grand Prix 2021?
The Raslila dance is associated with which Hindu deity?
Suppliers and Creditors of a firm are interested in
Which Indian region is renowned for producing Kasavu Sarees?
Which is not a component of central sector umbrella scheme Pradhan Mantri Kisan Sampada Yojana?
Which among the following country will hold referendum in May to decide on easing ban on abortion?
In which sector was the maximum amount spent by the Uttarakhand government in the financial year 2022-23?