MCQ
Which of the following indicates fixed cost?
- AElectricity bill
- BExpenses on raw material
- CWages of daily workers
- ✓Interest on fixed capital
Generate a complete, print-ready paper with questions like this in minutes — across 16+ boards, with answer keys.
| Units of Commodity-X | $M U_x$ |
| 1 | 20 |
| 2 | 18 |
| 3 | 16 |
| 4 | 10 |
| 5 | 0 |
| 6 | -5 |
On the basis of the above-mentioned information answer the following question:
Find the point of consumer's equilibrium when the price of commodity-X is ₹ 4 per unit, and marginal utility of money is 4.