CUET-PG SERIES Economics
Consumer Behavior
1 previous year questions.
Volume: 1 Ques
Yield: Medium
High-Yield Trend
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2024 Chapter Questions 1 MCQs
01
PYQ 2024
medium
economics ID: cuet-pg-
Keeping a consumer’s income constant, if bundle X is chosen by a consumer when bundle Y is available, then when bundle Y is chosen, X must not be a feasible alternative. This property of consumer behaviour is known as:
1
The generalized axiom of consumer preference
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The weak axiom of revealed preference
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The feasibility property
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The strong axiom of revealed preference