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Complete the following statement by choosing the correct alternatives: When MU is falling, TU is _______. - Economics

MCQ

Complete the following statement by choosing the correct alternatives:

When MU is falling, TU is _______.

Options

  • rising

  • falling

  • not changing

  • maximum

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Solution

When MU is falling, TU is rising.

Concept: Law of Diminishing Marginal Utility
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APPEARS IN

Balbharati Economics 12th Standard HSC Maharashtra State Board
Chapter 2 Utility Analysis
Exercise | Q 1. (5) | Page 16
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