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Meaning and Functions of Money — Economics STD 10 — Question

ICSE BoardEnglish MediumSTD 10EconomicsMeaning and Functions of Money1 Mark
Question
How does money help in maximising utility?
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Answer

Money is very important to the consumers (or households) who can use their money income so as to maximise total satisfaction. For this they equate marginal utility with price which is measured in terms of money.

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