A consumer will be maximising his utility if he allocated his money income so that
| A. | Elasticity of demand is the same for all purchased products |
| B. | The marginal utility from the last rupee spent on each purchased product is the same |
| C. | The marginal utility of the last unit of each product consumed is equal |
| D. | Total utility gained from each product consumed is the same |
Answer : B Explanation : |
|
|
Option: A Explanation : Explanation will come here. Explanation will come here. Explanation will come here. Explanation will come here. Explanation will come here. |
