A curve that can never be “U” shaped is the:

Related MCQs

• The MC curve cuts the AC curve at
• If the demand curve is linear and negatively sloped, the marginal revenue curve has a slope:
• Which of the following Elasticities measure movement along a curve, rather than a shift in the curve:
• The problem of scarcity and choice making can be depicted using the tool of ___ curve.
• As per indifference curve analysis consumer equilibrium is attained when
• At the point of tangency the slope of indifference curve is
• Income consumption curve of an inferior commodity is
• In case of a convex indifference curve
• ‘Higher the indifference curve higher will be level of satisfaction’. The statement is
• As per indifference curve analysis, consumer always try to reach