A decrease in supply (shift to the left) will increase total revenue in that market if
Anonymous Quiz
28%
demand is price inelastic.
32%
supply is price elastic.
21%
supply is price inelastic.
19%
demand is price elastic.
๐28๐1
Want satisfying capacity of goods and services is called_________
Anonymous Quiz
14%
Production
10%
Capacity
54%
Utility
22%
Demand
๐21๐1
___________ is a quantitative combination of two goods that can be purchased by a consumer from his given market prices.
Anonymous Quiz
14%
Information
25%
Data
13%
Figures
48%
Consumers bundle
๐31๐3
____________ is a line showing different combinations of two goods which a consumer can buy by spending his whole income at a given price of the goods.
Anonymous Quiz
11%
Budget bundle
36%
Budget set
36%
Budget line
17%
All of the above
๐27๐15
___________ is the rate at which a consumer is willing to substitute good Y for good X.
Anonymous Quiz
34%
Opportunity cost
13%
Opportunity gain
45%
Marginal rate of substitute
8%
Marginal cost
๐25
Formula for MRS is ____________
Anonymous Quiz
39%
Loss of good Y / gain of good X
30%
Loss of good X / gain of good Y
24%
Gain of good y / loss of good X
7%
Gain of good X / loss of good
๐34๐4
MRS abbreviated as _________
Anonymous Quiz
70%
Marginal Rate of Substitution
13%
Marginal Rate of Subtracted
13%
Margin Rate of Solvency
4%
None
๐29๐5
____________ is a line showing different combinations of two goods which a consumer can buy by spending his whole income at a given price of the goods.
Anonymous Quiz
11%
Budget bundle
18%
Budget set
49%
Budget line
22%
All of the above
๐59๐31
๐46๐5
___________ is the total satisfaction a consumer gets from consumption of all units of a commodity
Anonymous Quiz
23%
Utility
62%
Total utility
14%
Marginal utility
๐56๐1
____________ is the net increase in total utility by consuming an additional unit of a commodity.
Anonymous Quiz
15%
Utility
75%
Marginal utility
10%
Total utility
๐77
Business_Communication_for_B_Com_course_of_Uttar_Pradesh_Universities.pdf
3.7 MB
Business Communication
Pearson Publication
Pearson Publication
๐105๐3
Forwarded from PG TRB COMMERCE
๐6
Forwarded from Professor Academy ๐
YouTube
How to Enrol in Professor Academy's Online Course without Phone Call
#professoracademy #Professoracademyapp #Professoracademyonlineclass
๐ Location: https://maps.app.goo.gl/tujUmBEX7GmxiqQw8
๐ Playstore Link: https://play.google.com/store/apps/details?id=com.edmingle.professoracademynew
๐ For iOS & Website Enrollmentโฆ
๐ Location: https://maps.app.goo.gl/tujUmBEX7GmxiqQw8
๐ Playstore Link: https://play.google.com/store/apps/details?id=com.edmingle.professoracademynew
๐ For iOS & Website Enrollmentโฆ
๐17
Forwarded from ๐ TN SET COMMERCE ๐
YouTube
TNSET Commerce Answer Key เฎฒ Shocking Errors! ๐ฑ Official Challenge Ready! | Professor Academy
#professoracademy #ugcnet #ugcnetjune2025 #tnset2025
Download PDF : https://drive.google.com/drive/folders/1ufBtAjN-hHG6yXpaNe7XI1FoZ8sSdhor?usp=drive_link
๐ฅ Admissions Open for UGC NET / TNSET 2025! ๐ฅ
Join our new batch and ace your exams with expertโฆ
Download PDF : https://drive.google.com/drive/folders/1ufBtAjN-hHG6yXpaNe7XI1FoZ8sSdhor?usp=drive_link
๐ฅ Admissions Open for UGC NET / TNSET 2025! ๐ฅ
Join our new batch and ace your exams with expertโฆ
๐1