In case of a commodity for which no price is to be paid, a consumer will reach equilibrium —
CS CSEET · Business Economics & Fundamentals of Accounting and Auditing · PYQS · December 2013
In case of a commodity for which no price is to be paid, a consumer will reach equilibrium —
Answer & Explanation:
Correct Answer: Option (B)
Correct answer: (B) At the point where the falling marginal utility curve cuts the horizontal axis.
Topics: Business Economics
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