Advertisement Remove all ads

Choose the correct option: Statments indicating consumer equilibrium: a) MU is greater than price b) MU is equal to price c) MU is less than price d) Price is less than one - Economics

MCQ

Choose the correct option: 

Statement indicating consumer equilibrium:

a) MU is greater than price

b) MU is equal to price

c) MU is less than price

d) Price is less than one

Options

  • a and b

  • a, b, c and d

  • a, b and c

  • only b

Advertisement Remove all ads

Solution

only b

Concept: Relationship Between Marginal Utility and Price
  Is there an error in this question or solution?
Advertisement Remove all ads

APPEARS IN

Balbharati Economics 12th Standard HSC Maharashtra State Board
Chapter 2 Utility Analysis
Exercise | Q 2. (2) | Page 16
Advertisement Remove all ads
Advertisement Remove all ads
Share
Notifications

View all notifications


      Forgot password?
View in app×