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Managerial Economics · Quiz 2 · 24 Mar 2024 · January 2024 term

Managerial Economics Quiz 2 24 Mar 2024 — Question 1

Question 1

+1 markOne correct option

Choose the correct statement

  1. A

    Quasi linear preferences are linear in one good and non‐linear in other good

  2. B

    Marginal utility changes for a monotonic transformation of the utility function

  3. C

    MRS does not change for a monotonic transformation of utility function

  4. D

    All of these

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Correct answer

  • D

    All of these

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Question 1 of 18 in the IIT Madras BS Managerial Economics (Managerial Economics) Quiz 2 paper sat on 24 Mar 2024, in the January 2024 term (IIT M DEGREE AN EXAM QDB2 24 Mar 2024). It carries 1 mark.

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