Monday 15 August 2011

Re: vu experts - ECO401 correction

welcome


On Mon, Aug 15, 2011 at 8:42 AM, █▓Binish_Awais█▓ <greyferry@gmail.com> wrote:
thanks alot Syed Muhammad Itrat Abbas Naqvi

On Mon, Aug 15, 2011 at 7:57 PM, Syed Muhammad Itrat Abbas Naqvi <mc090400649@vu.edu.pk> wrote:
bilkul ans d he hay indifference curve aisi curve hoti hay jo kabi intersect nahi karti or consumer aik khas budget ma 2 products kay andar indifferent hota hay ab agar aik product ki jaga dosra substitue lata jay ga to pahlay walay ko sacrifice karna paray ga

On Mon, Aug 15, 2011 at 7:33 AM, █▓Binish_Awais█▓ <greyferry@gmail.com> wrote:

its answer is 100% D but how plz anybody can explain it than do it 


The marginal rate of substitution between food and shelter for a given point on an indifference curve:

► Is equal to the absolute value of the slope of the indifference curve at that point.

► Is equal to the rate at which the consumer is willing to exchange the two goods in the market place.

► Reflects the relative values the consumer attaches to the two good.

► Is described, in part, by each of the given statements.


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 ●●Gяєу_Fєяяy ●●
Bloom Box Wiki

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Please visit http://www.weblyceum.com and get registered for Past Papers, Quiz, Assignments, GDBs and much more...

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Do write to admin.bilal@weblyceum.com for Help, suggestion and Complaint.

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Please visit http://www.weblyceum.com and get registered for Past Papers, Quiz, Assignments, GDBs and much more...

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