Consumer is said to be in equilibrium, maximizing his total utility, when
| A. | the marginal utilities of the two goods consumed are equal. |
| B. | the proportions of the marginal utilities and respective prices are equal. |
| C. | the consumer gets full satisfaction from the consumption. |
| D. | the consumer feels satisfied with his expenditure on the various goods. |
Answer : A Explanation : |
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Option: A Explanation : Explanation will come here. Explanation will come here. Explanation will come here. Explanation will come here. Explanation will come here. |
