Business Economics

1:

Assertion (A). Total utility will be maximum when marginal utility to price of respective products are equal.

Reason (R). Deviation from this situation leads to reduction in maximum utility.

A.

(A) and (R) are not correct.

B.

(A) is correct but (R) is not correct.

C.

(A) and (R) are correct.

D.

(A) is incorrect (R) is correct.

 

Answer : C

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.