Q.

Whch of the following curve describes the variation of household expenditure on a particular good with respect to household income?

A. Demand curve
B. Engel curve
C. Great Cats by curve
D. Cost curve
Answer» B. Engel curve
Explanation: In microeconomics, an Engel curve describes how household expenditure on a particular good or service varies with household income. The curve is named after the German statistician Ernst Engel (1821-1896). who was the first to investigate this relationship between goods expenditure and income systematically in 1857.
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