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Managerial Economics · Quiz 1 · 15 Mar 2026 · January 2026 term

Question 14: Intercepts on the axis are

Question 14

+1 markOne correct option

Consider two goods, coconut and fish with prices Pc = 20 and Pf = 10. Robin has an income I= 1000 and he consumes only these two goods. With the help of the plot of his budget line taking fish on the Y-axis.
Based on the above data, answer the given subquestions.

Intercepts on the axis are

  1. A

    50 on X-axis and 100 on Y-axis

  2. B

    100 on X-axis and 50 on Y-axis

  3. C

    50 on X-axis and 20 on Y-axis

  4. D

    20 on X-axis and 50 on Y-axis

Show answer

Correct answer

  • A

    50 on X-axis and 100 on Y-axis

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Question 14 of 24 in the IIT Madras BS Managerial Economics (Managerial Economics) Quiz 1 paper sat on 15 Mar 2026, in the January 2026 term (Managerial Economics 15 Mar 26). It carries 1 mark.

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