Nachiket Gharat Asked a Question
June 9, 2020 12:06 pmpts 30 pts
UIICIE.com Commerce MSP 17. Assertion (A): "Utility will be maximized when the marginal unit of expenditure in each direc brings the same increment of utility." Reason (R) : A consumer will try to maximize his utility. (A) (C) e marginal unit of expenditure in eachd diredio Both (A) and (R) are true. (A) is true, but (R) is false. (B) (D) Both (A) and (R) are false. (A) is false, but (R) is true.
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  • रौनक thankyou
    Dear student The answer is 'A' both true. consumer obviously try to maximize his utility and when he has choices he will spend on the good/service which gives him maximum utility, ...
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