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Managerial Economics · Quiz 1 · 19 Jul 2026 · May 2026 term

Question 16: New intercepts on the axis are

Question 16

+1 markOne correct option

Consider two goods coconut and fish with prices Pc = 10 and Pf = 40. Robin has an income I= 1000 and he consumes only these two goods. With the help of the plot of his budget line taking coconut on the Y-axis, answer the given subquestions.

New intercepts on the axis are

  1. A

    50 on X-axis and 50 on Y-axis

  2. B

    100 on X-axis and 50 on Y-axis

  3. C

    25 on X-axis and 200 on Y-axis

  4. D

    200 on X-axis and 25 on Y-axis

Show answer

Correct answer

  • C

    25 on X-axis and 200 on Y-axis

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Question 16 of 22 in the IIT Madras BS Managerial Economics (Managerial Economics) Quiz 1 paper sat on 19 Jul 2026, in the May 2026 term (Managerial Economics 16 Jul 26). It carries 1 mark.

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