No products in the cart.

About monotonic prefrence

CBSE, JEE, NEET, CUET

CBSE, JEE, NEET, CUET

Question Bank, Mock Tests, Exam Papers

NCERT Solutions, Sample Papers, Notes, Videos

About monotonic prefrence
  • 4 answers

Shantnu Kharb 7 years, 5 months ago

More and morw tries to maximum satisfaction is called monotic preference

Kanika Mastana 7 years, 5 months ago

Yes khushi is right.

S V 7 years, 5 months ago

It means that more quantity of a good gives us more satisfaction For eg when we have choice from getting 20 units for rs 10 and 30 units fom rs 10 we will obviously choose 2nd option this is monotonic preference

Devanshu Khokhar 7 years, 5 months ago

This states that satisfaction become higher and higher as we consume more and more units of a commodity.
https://examin8.com Test

Related Questions

Explain the limitation of GDP as wellfare
  • 1 answers
What is receipt?
  • 0 answers
Two types of marke diagram and explanation
  • 0 answers
Economics project on function of RBI
  • 0 answers
What is deficit ?
  • 1 answers
Trends in credit availability
  • 0 answers
Economic Reforms Since 1991 notes
  • 0 answers

myCBSEguide App

myCBSEguide

Trusted by 1 Crore+ Students

Test Generator

Test Generator

Create papers online. It's FREE.

CUET Mock Tests

CUET Mock Tests

75,000+ questions to practice only on myCBSEguide app

Download myCBSEguide App