Income offer curve is a line that depicts the optimal choice of two goods at different levels of income at constant prices.
Price offer curve is a line that depicts the optimal choice of two goods as price of 1 good change holding the price of other good and income fixed.
For perfect complements preferences, the two curves are the same.
Two columns are given in each question and each column has three parts of a sentence. Choose the most suitable pair, which makes a grammatically correct...
Match the phrases in Column 1 with the phrases in Column 2.
| In each of the following questions, two columns are given containing three sentences/ phrases each. A sentence or phrase from the first column may or m... Choose the combination that completes the sentence.
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