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प्रश्न
Utility maximising consumers would like to decrease the consumption when ______.
पर्याय
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.
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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 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 ________.
Fill in the blank with appropriate alternatives given below:
_________________ utility is the utility derived from the last unit of the commodity consumed.
Define the following concept:
Total utility
Give reason or explain:
Utility is ethically neutral.
State with reason whether you agree or disagree:
When MU is zero, TU diminishes.
Explain the Law of Equi-Marginal Utility.
What does total utility (TU) represent?
What happens to marginal utility as more units of a good are consumed?
When does total utility reach its maximum point?
What is the consequence of continuing to consume after marginal utility becomes negative?
