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Managerial Economics, Quiz 2

May 2024 term, 4 Aug 2024, Set QDB2

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Question 1

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Choose the incorrect statement

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A.
Quasi linear preferences are linear in one good and non-linear in other good
B.
Marginal utility does not change for a monotonic transformation of the utility function
C.
MRS does not change for a monotonic transformation of utility function
D.
All of these

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Choose the incorrect statement Choose the correct alternative Choose the correct alternative about a monopolist