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Commerce · Q1508

Economics

Graduate and Post Graduate · Commerce · question 1508

Q1508

Put these concepts in chronological order of their development. 1. Law of demand 2. Law of indifference 3. Law of DMU 4. Revealed preference theory 5. Indifference curve

A.
1, 3, 2, 4, 5
B.
1, 2, 3, 4, 5
C.
1, 3, 2, 5, 4
Answer
D.
1, 5, 2, 4, 3

Answer: Option C

Solution

Answer: Option C
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