Economy, asked by himanshutanwar097, 7 months ago

define monotonic preferences of the consumer​

Answers

Answered by priyaannu327
1

Answer:

Monotonic preferences means the consumer preferences are such that greater consumption of a commodity always offers him a higher level of satisfaction.

Previous Question
Next Question
Similar questions
Math, 3 months ago
The generalised form of the number 123 is...
Social Sciences, 3 months ago
expalin why cheifs did not collect money regularly​...
English, 3 months ago
write a short notes on the following net surfing​...
Physics, 7 months ago
at high altitude water boils at ? pls give correct answer... ​
Math, 7 months ago
xy - x - y + 1 eqauals * ​...
History, 1 year ago
Emperors ashoka answer...
English, 1 year ago
The old man gives the bowl of noodles to his. (a) son. (b) daughter. (c) wife. (d) grandson.
Hindi, 1 year ago
Meaning Of Embedded In Hindi...