Question
Solution
When x is a neutral good, the consumer's utility does not change with the quantity of x. Therefore, the indifference curve will show combinations of x and y that give the same level of utility. Since changes in x do not affect utility, the indifference curve must be horizontal, indicating that utility is determined solely by the quantity of y, regardless of the amount of x.
In a certain code language, ‘MADRAS’ is written as ‘112’ and ‘JAMMU’ is written as ‘82’. How will ‘PUNJAB’ be written in that langua...
Study the given pattern carefully and select the number that can replace the question mark (?) in it.
First row: 19, 6, 37
Second row: 21,...
Identify the figure that completes the pattern (rotation is NOT allowed).
Statements:
Some elephants are fishes.
No fish is a tiger.
All deer are tigers.
Conclusions:
I. Some elephants ar...
Rearrange the following jumbled sentences to make a meaningful one:
P: are inhibiting progress
Q: they look for creative
R: ...
Select the figure that will come next in the following figure-series.Â
Statement: Ram has only one month's time to prepare for the exam, so he practices math everyday.
Conclusion:
i) Ram is weak in mathem...
Find the wrong number in the following number series:
10, 17, 26, 36, 50
Five to four in the following are similar in a certain way, which create a group.Â
Which of these is not related to this group?Â
JNR, DH...
Select the option in which the given figure is embedded (rotation is NOT allowed).
