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प्रश्न
How does money help the consumers and producers?
संक्षेप में उत्तर
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उत्तर
- Money is very important to the consumers (or households) who use their money income to maximise total satisfaction. For this, they equate marginal utility with price which is measured in terms of money.
- Money helps the producers in deciding quantity of different factors of production to be employed so that profit is maximised.
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