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Complete the following statement by choosing the correct alternatives: MU of the commodity becomes negative when TU of a commodity is ______. - Economics

MCQ

Complete the following statement by choosing the correct alternatives:

MU of the commodity becomes negative when TU of a commodity is ______.

Options

  • rising

  • constant

  • falling

  • zero

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Solution

MU of the commodity becomes negative when TU of a commodity is falling.

Concept: Relationship Between Marginal Utility and Price
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APPEARS IN

Balbharati Economics 12th Standard HSC Maharashtra State Board
Chapter 2 Utility Analysis
Exercise | Q 1. (3) | Page 16
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