MCQ
The consumer is in equilibrium and is consuming commodity-X only. The marginal utility from last unit consumed of commodity X = 50 utils and $MU _{ M }=10$.Find the price of the commodity-X.
  • ₹ 5
  • B
    ₹ 40
  • C
    ₹ 10
  • D
    ₹ 4

Answer

Correct option: A.
₹ 5
A

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