Multiple Choice
If your income doubles and the prices of the goods you buy double, then your demand for these goods will likely ________
A) increase
B) not change
C) decrease
D) shift
Correct Answer:

Verified
Correct Answer:
Verified
Related Questions
Q1: In an input-output matrix, the element _shows
Q2: In linear programming, the number of technical
Q3: For a cost function TC = 3Q2
Q5: Feasible solution of LPP is:<br>A)Values of decision
Q6: In linear programming, the dual of maximization
Q7: MR is :<br>A)the second order derivative of
Q8: Linear Programming deals with:<br>A)Constraints<br>B)Inequalities<br>C)Objective functions<br>D)All the above
Q9: A _ is a point at which
Q10: In Cobb Douglas Production of functions, the
Q11: In linear programming, _ expresses the necessity