Advertisements
Advertisements
प्रश्न
Utility maximising consumers would like to decrease the consumption when ______.
पर्याय
MUx = Px
MUx > Px
MUx < Px
MUx = Py
Advertisements
उत्तर
Utility maximising consumers would like to decrease the consumption when MUx < Px.
APPEARS IN
संबंधित प्रश्न
Explain the relationship between Total utility and Marginal utility.
Answer the following question :
Explain the relationship between ‘total utility’ and ‘marginal utility’.
State whether the following statements are TRUE or FALSE:
In deficit budget, expenditure is more than income.
Choose the correct answer :
The capacity of a commodity to satisfy human want is known as _________.
Do you agree with the following statements? Give reasons.
Marginal utility and Total utility is same.
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.
Give reason or explain:
Utility is a psychological term.
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.
Choose the correct answer from given options
When marginal utility is zero, total utility is
Explain the Law of Equi-Marginal Utility.
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?
