Business Economics

1:

Assertion (A). Utility will be maximised when the marginal unit of expenditure in each direction brings the same increment of utility."

Reason (R). A consumer will try to maximise his utility.

A.

Both (A) and (R) are true.

B.

Both (A) and (R) are false.

C.

(A) is true but (R) is false.

D.

(A) is false but (R) is true.

 

Answer : A

Explanation :

Write your comments here:


Report Error
 

Option: A

Explanation : Explanation will come here. Explanation will come here. Explanation will come here. Explanation will come here. Explanation will come here.