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MU(X) " of " X " is " 40 " and " MU(Y) o...

`MU_(X) " of " X " is " 40 " and " MU_(Y)` of Y is 30. It the price of Y is Rs 9, then price of X at equilibrium will be ______

A

Rs 9

B

Rs 30

C

Rs 15

D

Rs 12

Text Solution

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The correct Answer is:
D
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SANDEEP GARG-CONSUMER'S EQUILIBRIUM-Revision Exercise
  1. According to one of the assumption of Law of Diminishing Marginal Util...

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  2. Budget line shows:

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

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

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

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

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

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

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

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

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

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

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  13. A consumer consumes only two goods X and Y whose prices are Rs 3 and R...

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  14. In the following diagram, the situation of Consumer's Equilibrium and ...

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  15. Which Indifference Curve represents the highest level of satisfaction ...

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  16. An increase in income will lead to the following change in Bundget Lin...

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  17. The rotation of budget line in the following diagram is due to:

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  18. Marginal utility is:

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  19. Total utility is

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  20. Which of the following can be referred to as 'point of satiety' ?

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