i was rechecking some mcqs so that i can help our upcoming juniors :)
m not just student of mba
m also senior admin of this group
hope u got it
On Mon, Aug 15, 2011 at 8:12 PM, J@NN@T <mc100400346@vu.edu.pk> wrote:
binish ap ka eco401 ka final term ho nai gaya?
On Mon, Aug 15, 2011 at 7:33 AM, █▓Binish_Awais█▓ <greyferry@gmail.com> wrote:
its answer is 100% D but how plz anybody can explain it than do it
The marginal rate of substitution between food and shelter for a given point on an indifference curve:
► Is equal to the absolute value of the slope of the indifference curve at that point.
► Is equal to the rate at which the consumer is willing to exchange the two goods in the market place.
► Reflects the relative values the consumer attaches to the two good.
► Is described, in part, by each of the given statements.
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We say, "Be one as Pakistani Nation and grow up for Pakistan's Future". Wish you all the best. Join www.vuaskari.com,
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