MCQOPTIONS
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| 1. |
Which one is not a assumption of the theory of demand based on analysis of indifference curves? |
| A. | iven scale of preferences as between different combinations of two goods |
| B. | iminishing marginal rate of substitution |
| C. | onstant marginal utility of money |
| D. | onsumers would always prefer more of a particular good to less of it, other things remaining the same |
| Answer» D. onsumers would always prefer more of a particular good to less of it, other things remaining the same | |