Economics Questions and Answers for Competitive Exams
Extremely useful questions for Central and State Civil Services, IBPS Banks, MBA and other competitive exams–1. Income consumption line of the ‘Consumer Theory’ is analogous in ‘Production
Theory’ to which one of the following?
(a) Expansion path
(b) Isoquant line
(c) Ridge line
(d) Isocost line
(Ans : a)
2. Which one of the following