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Managerial Economics · Quiz 1 · 7 Jul 2024 · May 2024 term

Managerial Economics Quiz 1 7 Jul 2024 — Question 15

Question 15

+1 markOne correct option

If income is halved keeping the original prices unchanged

  1. A

    Slope remains same and both intercepts are doubled

  2. B

    Slope remains same and both intercepts are halved

  3. C

    Slope changes and both intercepts are doubled

  4. D

    Slope changes and both intercepts remain same

Show answer

Correct answer

  • B

    Slope remains same and both intercepts are halved

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Question 15 of 19 in the IIT Madras BS Managerial Economics (Managerial Economics) Quiz 1 paper sat on 7 Jul 2024, in the May 2024 term (IIT M DEGREE AN EXAM QDB2 7 July 2024). It carries 1 mark.

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