Let price of a commodity X be Rs. 10. Marginal utility (in terms of money for 5 units is given as

How many units should a consumer purchase, so that his satisfaction, is maximum ?

Given below is the utility schedule of a consumer for commodity X. The price of the commodity is Rs.6 per unit. How many untils should the consumer purchase to maximize his satisfaction.Given that 1 util=Rs.1. Given reasons for your answer.

Utility schedule of a consumer is given as : If the given commodity is sold for Rs.4 and MU of one rupee is 2 utils, how many units will a consumer purchase to maximise his satisfaction ?

A producer can sell any quantity of a commodity at a given price of Rs. 10 per unit. His cost schedule is given below: How many units should he produce to get maximum profit ? Explain.

The MU schedule for goods A and B is given . Price of both the goods is Rs.1 each and income of Mr. Narendra is assumed to be Rs. 6. How many units of both the goods should be purchased by him so that his total utility is maximised ?

What amount should be invested to buy 1000 units at NAV Rs 12 ? How many units can be purchased for Rs 1200?

What amount should be invested to buy 1000 units at NAV Rs 12 ? How many units can be purchased for Rs 1200 ?

When price of a commodity X falls by 10 per cent, its demand rises from 150 units to 180 units. Calculate its price elasticity of demand . How much should be the percentage fall in its price so that its demand rises from 150 to 210 units.