In a combination of X and Y, if price of Y alone changes, the X intercept will :

Related MCQs

• Change in demand due to change in relative price alone is called:
• If the amount of the commodity purchased remains unchanged when the price of another commodity changes, the cross elasticity of demand between them will be:
• When both the price of a substitute and the price of complement of X rises, the demand for X:
• If the percentage increase in the quantity demanded of a commodity is smaller than the percentage fall in its price, the coefficient of price elasticity:
• If the quantity demanded remains unchanged as the price of the commodity falls, the coefficient of price elasticity of demand is
• When disposable income rises from Rs 500 to Rs 600 and consumption expenditure changes from Rs 470 to Rs 560, MPC will be equal to
• Changes in the subjective or objective factors
• I classical demand for money, the relationship between money supply and price level is:
• The Price and quantity relationship for an inferior good is:
• Relation between price of a commodity and demand for another commodity is measured by: