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Theory of consumer behaviour — Economics STD 12 Humanities & Commerce — Question

Rajasthan BoardEnglish MediumSTD 12 Humanities & CommerceEconomicsTheory of consumer behaviour1 Mark
Question
In case of single commodity, a consumer is at equilibrium point, marginal utility derived from consumption of commodities is 12, find the price of that commodity? (when m = 1)
  1. ₹ 1
  2. ₹ 2
  3. ₹ 12
  4. ₹ 10
✓

Answer

  1. ₹ 12

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