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प्रश्न
Utility maximising consumers would like to decrease the consumption when ______.
विकल्प
MUx = Px
MUx > Px
MUx < Px
MUx = Py
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उत्तर
Utility maximising consumers would like to decrease the consumption when MUx < Px.
APPEARS IN
संबंधित प्रश्न
State whether the following statements are TRUE or FALSE:
Marginal utility increases with increase in consumption.
State whether the following statements are TRUE or FALSE:
In deficit budget, expenditure is more than income.
Fill in the blanks with appropriate alternatives given in the bracket.
Marginal consumption function is always ________.
Fill in the blank with appropriate alternatives given below:
Marginal utility diminishes, as consumption of commodity ________.
State the following statement is True or False:
MU and TU are equal at the initial stage.
Define the following concept:
Total utility
Explain the following concept:
Marginal utility
Write short note on:
Equi-marginal utility
Answer the following question:
Explain the relationship between TU and MU.
State with reason whether you agree or disagree:
When MU is zero, TU diminishes.
Define marginal utility.
Choose the correct answer from given options
When marginal utility is zero, total utility is
Explain the Law of Equi-Marginal Utility.
What does total utility (TU) represent?
What is marginal utility (MU)?
When does total utility reach its maximum point?
What is the consequence of continuing to consume after marginal utility becomes negative?
