Vidyalelo
Management · Q186

Managerial Economics

Graduate and Post Graduate · Management · question 186

Q186

Price effect in indifference curve analysis arises

A.
When the consumer becomes either better off or worse off because price change is not compensated by income change
Answer
B.
When the consumer is better off due to a change in income and price
C.
When income and price change
D.
None of the above

Answer: Option A

Solution

Answer: Option A
No explanation is given for this question Let's Discuss on Board