The difference between the present level of income and the past level of income:

Related MCQs

• The relationship between quantity demanded of a good and level of consumer’s income:
• The difference between total revenue and the total Cost:
• The relationship between income and consumption:
• The ratio of the proportionate change in the quantity purchased of a good to the proportionate change in income:
• An increase in income lead to the increase in quantity demanded of the good:
• The relationship between the price of the commodity and quantity of the commodity demanded :
• The relationship between the price of the commodity and quantity of the commodity supplied:
• An identity between two alternative:
• Marginal rate of substitution between factors is equal to the ratio of :
• The relation of Price and quantity demanded: