No products in the cart.

Define law of equi marginal utility

CBSE, JEE, NEET, CUET

CBSE, JEE, NEET, CUET

Question Bank, Mock Tests, Exam Papers

NCERT Solutions, Sample Papers, Notes, Videos

Define law of equi marginal utility
  • 1 answers

Sia ? 6 years, 4 months ago

According to this law, a consumer spends his limited income on different goods in such a fashion that marginal utility derived from all commodities are equal. In other words, a consumer is in equilibrium position when the marginal utility of money expenditure on each good is the same.

https://examin8.com Test

Related Questions

Economics project on function of RBI
  • 0 answers
Two types of marke diagram and explanation
  • 0 answers
Economic Reforms Since 1991 notes
  • 0 answers
What is deficit ?
  • 1 answers
What is receipt?
  • 0 answers
Trends in credit availability
  • 0 answers
Explain the limitation of GDP as wellfare
  • 1 answers

myCBSEguide App

myCBSEguide

Trusted by 1 Crore+ Students

Test Generator

Test Generator

Create papers online. It's FREE.

CUET Mock Tests

CUET Mock Tests

75,000+ questions to practice only on myCBSEguide app

Download myCBSEguide App