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Money helps consumers maximise satisfaction by relating marginal utilities to what expressed in money?

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Question

Money helps consumers maximise satisfaction by relating marginal utilities to what expressed in money?

Options

  • Prices

  • Pensions

  • Budgets

  • Drafts

MCQ
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Solution

Money helps consumers maximise satisfaction by relating marginal utilities to prices expressed in money. This is Maximisation of Utility/Satisfaction.

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