{"id":119309,"date":"2022-09-27T14:57:04","date_gmt":"2022-09-27T09:27:04","guid":{"rendered":"https:\/\/www.gkseries.com\/blog\/?p=119309"},"modified":"2022-09-27T14:57:05","modified_gmt":"2022-09-27T09:27:05","slug":"which-one-is-not-a-assumption-of-the-theory-of-demand-based-on-analysis-of-indifference-curves","status":"publish","type":"post","link":"https:\/\/www.gkseries.com\/blog\/which-one-is-not-a-assumption-of-the-theory-of-demand-based-on-analysis-of-indifference-curves\/","title":{"rendered":"Which one is not a assumption of the theory of demand based on analysis of indifference curves?"},"content":{"rendered":"\n<p><strong>Q. \u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 Which one is not a assumption of the theory of demand based on analysis of indifference curves?<\/strong><\/p>\n\n\n\n<p>A.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Given scale of preferences as between different combinations of two goods&nbsp;&nbsp;&nbsp;<\/p>\n\n\n\n<p>B.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Diminishing marginal rate of substitution<\/p>\n\n\n\n<p>C.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Constant marginal utility of money&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<\/p>\n\n\n\n<p>D.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Consumers would always prefer more of a particular good to less of it, other things remaining the same<\/p>\n\n\n\n<p>Answer: Constant marginal utility of money<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Q. \u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 Which one is not a assumption of the theory of demand based on analysis of indifference curves? A.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Given scale of preferences as between different combinations of two goods&nbsp;&nbsp;&nbsp; B.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Diminishing marginal rate of substitution C.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Constant marginal utility of money&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; D.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Consumers would always prefer more of a particular good to less [&hellip;]<\/p>\n","protected":false},"author":419,"featured_media":119310,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4960],"tags":[4961],"offerexpiration":[],"class_list":["post-119309","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-demand-and-supply-mcqs","tag-demand-and-supply-mcqs"],"_links":{"self":[{"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/posts\/119309","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/users\/419"}],"replies":[{"embeddable":true,"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/comments?post=119309"}],"version-history":[{"count":1,"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/posts\/119309\/revisions"}],"predecessor-version":[{"id":119311,"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/posts\/119309\/revisions\/119311"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/media\/119310"}],"wp:attachment":[{"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/media?parent=119309"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/categories?post=119309"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/tags?post=119309"},{"taxonomy":"offerexpiration","embeddable":true,"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/offerexpiration?post=119309"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}