1.

_ Which one is not a assumption of the theory of demand based on analysis of indifference curves?$?

A. Given scale of preferences as between different combinations of two goods
B. Diminishing marginal rate of substitution
C. Constant marginal utility of money
D. Consumers would always prefer more of a particular good to less of it, other things remaining the same
Answer» D. Consumers would always prefer more of a particular good to less of it, other things remaining the same


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