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Managerial Economics · End Term · 31 Aug 2025 · May 2025 term · Set QIA1

Question 31: If the income of the consumer increases and the one of t…

Question 31

+1 markOne correct option

If the income of the consumer increases and the one of the prices decreases at the same time, the consumer will necessarily be at least as well-off.

  1. A

    True

  2. B

    False

Show answer

Correct answer

  • A

    True

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Question 31 of 37 in the IIT Madras BS Managerial Economics (Managerial Economics) End Term paper sat on 31 Aug 2025, in the May 2025 term (IIT M IMPROVEMENT FN EXAM QIA1 31 Aug 2025). It carries 1 mark.

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