List – I List – II a. Scale of Preferences i. Indifference Curves b. Inadequate Explanation of Giffen Goods ii. Ordinal Utility c. Curves always slope negatively iii. Demand Curves d. Inseparation of Income and Substitution affects iv. Marshallian Utility Analysis
List – I List – II a.Percentage change in quantity demanded to percentage change in price. i. Perfect competition b. Percentage change in demand to percentage change in the price of some other commodity ii. Market demand c. Homogeneous products iii. Price elasticity d.Relationship between quantity of the product demanded and factors that affect the […]
List – I List – II i. Wealth of Nations i. Robert Giffen ii. Income and Substitution effect ii. Paul M. Sweezy c. Kinked Demand Curve iii. Cobb- Douglas d. Production function iv. Adam Smith
List – I List – II a. Percentage change in quantity demanded to percentage change in price. i. Perfect competition b. Percentage change in demand to percentage change in the price of some other commodity. ii. Market demand c. Homogeneous products iii. Price elasticity d. Relationship between quantity of the product demanded and […]
List – I (Demand Estimation Method) List – II […]