UGC NET
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Eduncle Asked an Mcq
March 2, 2020 2:27 pm
  • UGC NET
  • Economics

Choose the correct option for which the allocation of inputs is technically efficient ?

(a)    Output of one good can not be decreased without increasing the output of the order good
(b)    Consumption of one good can not be increased without decreasing the consumption of another good
(c)    Consumer attains maximum satisfaction
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  • Eduncle Best Answer

    Consumption of one good cannot be increased without decreasing the consumption of another good within a given sit of goods and given income.

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