Question

Study the following table, figure, passage and answer the question given below it.

Units	MU OF X	MU in terms of money 1 unit = RS.10	Market price per unit = RS.50	Comparison between MU and Price
1	10	100	50	MU > PRICE
2	____	80	50	MU > PRICE
3	7	_____	50	MU > PRICE
4	5	50	50	_____
5	3	30	50	MU < PRICE
6	1	10	50	_____

1. Complete the table (2m)
2. Identify any two Intra Marginal Units (1m)
3. Identify any two Extra Marginal Units (1m)

Answer 1

A. Complete the table.

Units	MU OF X	MU in terms of money 1 unit = RS.10	Market price per unit = RS.50	Comparison between MU and Price
1	10	100	50	MU > PRICE
2	8	80	50	MU > PRICE
3	7	70	50	MU > PRICE
4	5	50	50	MU = Price
5	3	30	50	MU < PRICE
6	1	10	50	MU < Price

B. Unit no. 1 and 2 are intra marginal units since MU > Price.

C. Unit no. 5 and 6 are extra marginal units since MU < Price.