Millionaire Mode

Determinants of consumption function and savings function - class-XII

Question 1 of 22

Study of how the consumer decides, given his income and many alternative goods to choose from, what to buy when he knows the prices is called study of __________.

  1. consumption
  2. production
  3. distribution
  4. none of these

Prize Money

15₹7 Crores
14₹1 Crore
13₹50,00,000
12₹25,00,000
11₹12,50,000
10₹6,40,000
9₹3,20,000
8₹1,60,000
7₹80,000
6₹40,000
5₹20,000
4₹10,000
3₹5,000
2₹2,000
1₹1,000