An indiference curve measures               level of satisfaction derived from different combinations of commodity X and Y.

Related MCQs

• An indifference curve measures the same level of -
• If the change in demand for a commodity is at a faster rate than change in the price of the commodity, the demand is -
• Capital output ratio of a commodity measures -
• Inwhich market structure is the demand curve of the market represented by the demand curve of the firm?
• Consumer gets maximum satisfaction at the point where -
• The relationship between price of a commodity and the demand for it -
• The difference between the price the consumer is prepared to pay for a commodity and the price which he actually pays is called
• The total utility from 9 units of commodity x is 20 and from 10 units is 15. Calculate the marginal utility from 10th unit.
• A commodity for which demand increases at higher prices and falls at lower prices is termed as:
• The demand for which of the following commodity will not rise in spite of a fall in its price?