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Given the price of a good,how …

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Given the price of a good,how will the consumer decide as to how much quantity to buy of that good .explain

    • Posted by Sagar Rajwar 7 years, 6 months ago

    CBSE > Class 12 > Economics
    • 6 answers

    Kanika Mastana 7 years, 6 months ago

    Let me please mention.....here Marginal Utility(MU) is in terms of money...

    2Thank You

    Devanshu Khokhar 7 years, 6 months ago

    If I'm wrong..... Will u explain the correct answer SAGAR

    0Thank You

    Shivangi Goel 7 years, 6 months ago

    Still i think that varshita has given correct ans...... Will u explain the right ans according to you????

    0Thank You

    Sagar Rajwar 7 years, 6 months ago

    Sorry to say but shivangi your answer is wrong

    0Thank You

    Shivangi Goel 7 years, 6 months ago

    Correct Varshita...

    1Thank You

    Devanshu Khokhar 7 years, 6 months ago

    Consumer purchases up to the point where MU= Price. So long as MU > P, he keeps on purchasing. As he makes purchases, MU falls and at a particular quantity of the good MU becomes equal to price. Consumer purchases up to this point.

    1Thank You

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