Download App

Theory of consumer behaviour — Economics STD 12 Humanities & Commerce — Question

Rajasthan BoardEnglish MediumSTD 12 Humanities & CommerceEconomicsTheory of consumer behaviour1 Mark
Question
______ is the real purchasing power of the consumer from which he can purchase certain quantitative bundle of two goods at a given price:
  1. Consumer equilibrium.
  2. Budget set.
  3. Consumer's budget
  4. Indifference curve.
✓

Answer

  1. Consumer's budget.

Need a full question paper?

Generate a complete, print-ready paper with questions like this in minutes — across 16+ boards, with answer keys.

Start Generating Free

Explore more

More "M.C.Q (1 Marks)" from Theory of consumer behaviour→Theory of consumer behaviour — all question types→Economics STD 12 Humanities & Commerce question papers→Rajasthan Board STD 12 Humanities & Commerce question papers→Rajasthan Board question paper generator→

Similar questions

As a custodian of nation's reserves, RBI keeps:
  1. Reserves of foreign currencies.
  2. Reserves of gold.
  3. Reserves of foreign treasury bills.
  4. All of the above.
→
Value of aggregate supply equals:
  1. National Income.
  2. Domestic Income.
  3. Private Income.
  4. Personal Income.
→
The following table show the production of cricket bats and sarees of an imaginary economy:
Production of Cricket Bats (thousand)012345
Production of Sarees (in lakh)75706250300
If the production of cricket bats is increased from 3 thousand to 4 thousand, how much production of sarees will he to be sacrificed by the economy?
  1. Zero.
  2. 8 lakh sarees.
  3. 30 lakh sarees.
  4. 20 lakh sarees.
→
What can be the minimum value of investment multiplier?
  1. 0
  2. 1
  3. 2
  4. 3
→
If in an industry, demand and supply will not intersect in positive quadrant, then it is called:
  1. Illegal industry.
  2. Viable industry.
  3. Non-viable industry.
  4. Sick industry.
→
Generally the Marginal Rate of Substitution (MRS) -
→
The firm in perfect competition maximizes profit by producing at the rate of output where price equals to _____.
  1. Revenue Cost.
  2. Marginal.
  3. Revenue.
  4. Marginal Cost.
→
At the Break-Even point, Savings in the economy are:
  1. Positive.
  2. Zero.
  3. Negative.
  4. Maximum.
→
A seller cannot influence the market price under:
  1. Perfect Competition.
  2. Monopoly.
  3. Monopolistic competition.
  4. All of the above.
→
Ed = 0 in case of:
  1. Luxuries.
  2. Normal goods.
  3. Necessities.
  4. Essentials.
→