Some important Questions on Single Commodity Approach
1) Question 1
2) Question 2
3) Question 3
4)Question 4
Or we could have done by the method, where we checked
MUₓ / Pₓ = MUₘ , i.e., the rupee worth of satisfaction the consumer actually gets (MUₓ / Pₓ) = to the rupee worth of satisfaction he expects (MUₘ) . The answer is 12/4 (3) = 3, which is same as the above method.






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