The Marginal Utility can be _____.

Important Questions on Theory of Demand and Supply

EASY

CA Foundation

IMPORTANT

Business Economics & Business and Commercial Knowledge>Chapter 2 - Theory of Demand and Supply>Meaning of Demand>Q 1

Demand for a commodity refers to:

EASY

CA Foundation

IMPORTANT

Business Economics & Business and Commercial Knowledge>Chapter 2 - Theory of Demand and Supply>Meaning of Demand>Q 2

Demand is the ...... ?

MEDIUM

CA Foundation

IMPORTANT

Business Economics & Business and Commercial Knowledge>Chapter 2 - Theory of Demand and Supply>Indifference Curve Analysis>Q 230

The slope of the indifference curve shows consumer equilibrium at point where ${\mathrm{MRS}}_{\left(\mathrm{xy}\right)}$ ______ $\frac{{\mathrm{P}}_{\mathrm{x}}}{{\mathrm{P}}_{\mathrm{y}}}$ (Price line)

EASY

CA Foundation

IMPORTANT

Business Economics & Business and Commercial Knowledge>Chapter 2 - Theory of Demand and Supply>Indifference Curve Analysis>Q 232

The slope of the 'Price line' indicates the ratio between of the two _____ goods.

EASY

CA Foundation

IMPORTANT

Business Economics & Business and Commercial Knowledge>Chapter 2 - Theory of Demand and Supply>Determinants of Supply>Q 242

Under _____ conditions, Supply will be more than that under _____ conditions.

EASY

CA Foundation

IMPORTANT

Business Economics & Business and Commercial Knowledge>Chapter 2 - Theory of Demand and Supply>Law of Supply>Q 248

An increase in the number of sellers of bikes will increase the

EASY

CA Foundation

IMPORTANT

Business Economics & Business and Commercial Knowledge>Chapter 2 - Theory of Demand and Supply>Law of Supply>Q 251

When supply price increase in the short run, the profit of the producer _____.

MEDIUM

CA Foundation

IMPORTANT

Business Economics & Business and Commercial Knowledge>Chapter 2 - Theory of Demand and Supply>Shifts in Supply Curve>Q 257

When supply curve moves to right, it means