Tamil Nadu Board of Secondary EducationHSC Commerce Class 11th

The locus of the points which gives same level of satisfaction is associated with - Economics

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MCQ

The locus of the points which gives same level of satisfaction is associated with

Options

  • Indifference Curves

  • Cardinal Analysis

  • Law of Demand

  • Law of Supply

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Solution

Indifference Curves

Concept: Ordinal Analysis (or) Ordinal Utility Approach (or) Hicks and Allen Approach (or) Indifference Curve Analysis
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Chapter 2: Consumption Analysis - Model Questions - Part A [Page 51]

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Tamil Nadu Board Samacheer Kalvi Class 11th Economics Answers Guide
Chapter 2 Consumption Analysis
Model Questions - Part A | Q 18 | Page 51
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