In the case of perfect complementaries, the MRS between goods is:

Related MCQs

• As moving from left to right through an indifference curve, the MRS of X for Y
• Inferior goods are the goods with
• In the case of normal goods, the quantity demanded varies inversely with:
• In the case of luxury goods, the income elasticity of demand will be:
• If both the products X & Y are normal goods
• When investment is negatively related to the rate of interest, equilibrium output in the goods market:
• Simultaneous equilibrium in the money (LM) and goods (IS) market exists:
• Why do not the sale or purchase of used goods are not included in the GDP?
• Inventories are unsold goods produced by a firm, then why do they are included in GDP?
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