Question
Which of the following statements is true
Solution
The Slutsky substitution effect provides the consumer greater satisfaction by bringing him on a higher indifference curve, while the Hicksian substitution effect brings him back to the initial level of satisfaction on the original indifference curve. Hicks’ substitution effect is weak because it is based on the compensating variation in income.
Find the wrong number in the given number series.
45,  54, 79, 128, 189,  330,  499
12, 36, 41, 121, 128, 384
15, 30, 30, 20, 10, 8
547, 594, 640, 691, 741, 792
Find the wrong number in the given number series.
233, 206, 183, 152, 125, 98
2304Â Â Â 6912Â Â Â 864Â Â Â 2592Â Â Â 322Â Â Â 972
91Â Â Â Â 96Â Â Â Â Â 105Â Â Â Â 121Â Â Â Â 143Â Â Â Â 176
Find the wrong number in the given number series.
9, 10, 65, 27, 217, 50- Find the wrong number in the given number series.
18, 34, 66, 114, 178, 266 125, 142, 199, 320, 489, 778