Q.31)-Priya likes a wedding gown so much that she was willing to pay even Rs. 30000 for it. Luckily she finds the same gown marked at Rs. 25000 at a local store. The store is further offering a 30% discount on the gown. Priya's consumer surplus is
- Rs. 5000
- Rs. 12500
- Rs. 7500
- Rs. 25000
Q.32)-Which among the following is an example of micro-economic variable?
- National Income
- Aggregate Supply
- Employment
- Consumer's Equilibrium
Q.33)-What does indifference curve represent?
- Levels of Income and Capital
- Satisfaction derived from two goods
- Income from two buisness
- Relationship between expenditure and saving
Q.34)-Which among the following is used to measure slope of indifference curve?
- Marginal Rate of Transformation
- Marginal Rate of Substitution
- Marginal Rate of Technical Substitution
- None of these