Download App

Utility Analysis — Economics STD 12 Commerce / Arts — Question

Maharashtra BoardEnglish MediumSTD 12 Commerce / ArtsEconomicsUtility Analysis1 Mark
MCQ
Consumer’s equilibrium is attained when
  • A
    MUX > Px
  • ✓
    MUX = Px
  • C
    MUX < Px
  • D
    MUX = zero
✓

Answer

Correct option: B.
MUX = Px
MUX = Px

Need a full question paper?

Generate a complete, print-ready paper with questions like this in minutes — across 16+ boards, with answer keys.

Start Generating Free

Explore more

More "Complete the following statements" from Utility Analysis→Utility Analysis — all question types→Economics STD 12 Commerce / Arts question papers→Maharashtra Board STD 12 Commerce / Arts question papers→Maharashtra Board question paper generator→

Similar questions

Different brands of washing powders, liquid cleaners are examples of………………
→
Mobile service providers and cement companies are examples of ………………
→
Equilibrium price is that level of price where ………………
→
Under monopoly there is existence of ………………
→
External debt of the government means
→
Tea cultivation in Assam is an example of………………
→
When money is borrowed or lent for a day, it is known as
→
During the British rule …………………. industries suffered set back.
→
As per the law of diminishing marginal utility, measurement of utility is assumed to be ……………
→
Internal trade is also known as ………………….
→