The consumer is at equilibrium at point
...The consumer is at equilibrium at point
N
P
M
K
Correct answer is D
The consumer is at equilibrium at point K where the consumption of Y = X (intersection between Y and X).
Which of the following caused the change in demand from D0 D0 to D2 D2? ...
To move from point M to K, the consumer has to increase the ...
Economic problem occurs when ...
An economic problem exists whenever ...
In production, factory buildings are regarded as ...
If a commodity has many substitutes, it is most likely that? ...
Which of the following is not the function of a commercial bank? ...