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Theory of consumer behaviour — Economics STD 11 Commerce — Question

CBSE BoardEnglish MediumSTD 11 CommerceEconomicsTheory of consumer behaviour1 Mark
MCQ
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 $m = 1)$
  • A
    $₹ 1$
  • B
    $₹ 2$
  • ✓
    $₹ 12$
  • D
    $₹ 10$
✓

Answer

Correct option: C.
$₹ 12$

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