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Utility maximising consumers would like to decrease the consumption when ______. - Economics

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Question

Utility maximising consumers would like to decrease the consumption when ______.

Options

  • MUx = Px

  • MUx > Px

  • MUx < Px

  • MUx = Py

MCQ
Fill in the Blanks

Solution

Utility maximising consumers would like to decrease the consumption when MUx < Px.

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