To achieve an equilibrium position, the consumer must buy so much of each commodity whose...
ECONOMICS
WAEC 2005
To achieve an equilibrium position, the consumer must buy so much of each commodity whose price is equal to its
- A. marginal utility
- B. total utility
- C. average utility
- D. variable utility
Correct Answer: A. marginal utility
Post an Explanation Or Report an Error
If you see any wrong question or answer, please leave a comment below and we'll take a look. If you doubt why the selected answer is correct or need additional more details? Please drop a comment or Contact us directly. Your email address will not be published. Required fields are marked *