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