At equilibrium, the slope of the Indifference curve is:

General Knowledge Mcqs
BILAL KHATTAK0

A.Equal to the slope of the budget line
B.Greater than the slope of the budget line
C.Smaller than the slope of the budget line

Related Mcqs:

  1. An indifference curve is always:
  2. In a cam and follower mechanism, for the uniform velocity of the followers the displacement curve will have
  3. Who was the first economist to have evolved the technique of indifference curve analysis?
  4. An indifference curve is defined as:
  5. During the tensile test on a glass rod, the nature of stress section curve is
  6. The relative saturation of an unsaturated mixture of vapour and gas
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  8. An imaginary curve drawn through a flowing fluid in such a way that the tangent to it at any point gives the direction of the velocity of flow at that point, is known as
  9. The compressibility factor of any gas
  10. In the long run equilibrium of a competitive firm, which one of the following will not hold true?

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