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A consumer in conumption of two commodit...

A consumer in conumption of two commodities A and B is at equilibrium. The prices of A and B are Rs 10 and Rs 20 respectively and the marginal utility of product B is 50. What will be the marginal utility of product A ?

A

100

B

25

C

250

D

4

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The correct Answer is:
B
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SANDEEP GARG-CONSUMER'S EQUILIBRIUM-Revision Exercise
  1. When Economists speak of the utility of a certain product, they are re...

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  2. Utility :

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  3. A consumer in conumption of two commodities A and B is at equilibrium...

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  4. The Law of Diminishing Marginal Utility will not hold good if Income o...

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  5. As per Ordinal Approach

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  6. Marginal Utility :

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  7. Mollie derives total utility of 10 utils after having 4 mangoes and to...

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  8. After reaching the point of satiety, consumption of additional units o...

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  9. According to one of the assumption of Law of Diminishing Marginal Util...

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  10. Budget line shows:

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  11. MU(X) " of " X " is " 40 " and " MU(Y) of Y is 30. It the price of Y i...

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  12. The farther the Indifference Curve is from the origin, then :

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  13. The consumer is in equilibrium when Marginal Utility from a Commodity ...

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  14. An Indifference Curve represents all those combinations of two goods w...

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  15. The consumer is in equilibrium at a point where the budget line:

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  16. Which of the shaded area in the diagrams below represent total utility...

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  17. If Marginal Rate of Substituation is constant throughtout, the Indiffe...

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  18. If Marginal Rate of Substituation is increasing throughout, the Indiff...

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  19. A consumer consumes only two goods, If price of one of the goods falls...

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  20. A consumer consumes only two goods X and Y both Priced at Rs 4 per uni...

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