The theory of consumer behavior is based on all the follo...
The theory of consumer behavior is based on all the following assumption except that the
Consumer is assumed irrational
Consumer taste remains constant
Consumer has budget constraint
Consumer aims at maximizing his utility
Consumer is exposed to more than one commodity
Correct answer is A
No explanation has been provided for this answer.
Expenditure on food takes a large proportion of the incomes of people in ...
Which is the most liquid of the following financial assets held by an individual? ...
If quantity supplied is constant irrespective of price changes, the supply elasticity is ...
Elasticity demand is an effective tool in the hands of a producer in that it enables him ...
Scarcity in economics means ...
Which of the following is NOT a determinant of changes in supply? ...
Which of the following is not a feature of Sole Proprietorship? ...