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MICROECONOMICS CH : 3 CONSUMER'S EQUILIBRIUM UTILITY ANALYSIS — Economics STD 11 Commerce — Question

CBSE BoardEnglish MediumSTD 11 CommerceEconomicsMICROECONOMICS CH : 3 CONSUMER'S EQUILIBRIUM UTILITY ANALYSIS1 Mark
MCQ
If the consumer consumes only one commodity 'X', he will be in equilibrium when:
  • A
    $MU _{ X }< P _{ X }$
  • ✓
    $MU _{ X }= P _{ X }$
  • C
    $MU _{ X }> P _{ X }$
  • D
    none of these
✓

Answer

Correct option: B.
$MU _{ X }= P _{ X }$
B

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