No class today

Economics Question for Today:- An individual consumer's demand is not related to
a) Size of population
b) House hold income
c) Prices of substitutes
d) Price of the commodity

Mathematics Question for Today:- If GM of variables X and Y are 5 and 3 respectively then GM of (X.Y) is
(a) log 15
(b) 15
(c) log 5.log 3
(d) None

Economics Question for Today:- The way in which rational consumers allocate their expenditure on goods and services is best described by:-
a) The concept of consumer's surplus
b) The law of diminishing marginal utility
c) The law of equi-marginal utility
d) The law of demand

AVJ is starting Free Test series for all students from 9th May 2022 along with Marathon Revision Series.

Given below is the schedule of the Tests to be conducted. Marathon Revision lectures of all subjects will be uploaded on our youtube channel to help you prepare for these Tests

Schedule of Foundation Test Series for June 2022

Economics Question for Today:- When demand goes down as a result of an increase in income the nature of the good called is:-
a) Consumer good
b) Inferior good
c) Normal good
d) Producer good

Economics Question for Today:- In the extreme case of perfect substitutes, the indifference curve is
a) A down-ward sloping straight line
b) Convex to the origin
c) Concave to the origin
d) L shaped