📢 Too many exams? Don’t know which one suits you best? Book Your Free Expert 👉 call Now!

    Question

    src="https://www.ixambee.com/questionimage/RBI-Gr-B-DEPR-Paper-I/1721818011-RBIDEPRMT-1-1.JPG" alt="" />
    A Only good x Correct Answer Incorrect Answer
    B Only good y Correct Answer Incorrect Answer
    C Both the good x,y Correct Answer Incorrect Answer
    D Cannot say Correct Answer Incorrect Answer

    Solution

    Here at optimal, we consume both in an ideal world, but if income is so less that we can’t even purchase amount of X at the equilibrium, in this case we are spending all our income to good X. Hence can’t say.

    Practice Next
    More Research Questions
    ask-question