Quiz #101

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Economics Quiz - 15 Questions
Quiz Information
  • Questions: 15
  • Time Limit: 15 minutes
  • Pass Percentage: 33%
  • Points per Question: 1
  • Bonus Points: 5
  • Negative Marking: No
Sample Questions
  • 1
    Which of the following statements is not true with regard to the standard properties of indifference curves ?
  • 2
    uppose a consumer must choose between the consumption of sandwiches and pizza. If we measure the quantity of pizza on the horizontal axis and the quantity of sandwiches on the vertical axis and if the price of a pizza is Rs10 and the price of a sandwich is Rs5, then the slope of the budget constraint is ?
  • 3
    indifference curves for perfect substitutes are ?

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