Multiple Choice Questions on When we add up utility derived from consumption of all the units of the commodities we get 1 To........... for Common University Entrance Test (CUET) Preparation

Back to Main Page

Multiple Choice Questions

When we add up utility derived from consumption of all the units of the commodities we get 1 To...........

Economics (CUET) Consumer Behaviour and Demand
    Download Solution PDF

    When we add up utility derived from consumption of all the units of the commodities, we get:

    (1) Total utility

    (2) Initial utility

    (4) None of these

    (3) Marginal utility

    Total utility
     

    Correct Answer

    Initial utility
     

    Incorrect Answer

    Marginal utility

    Incorrect Answer

    None of these

    Incorrect Answer
    छोटे Courses बड़े Results
    Master Consumer Behaviour and Demand
    Prepare through Micro-courses
    Try Now
    Explanation:

    Option (1) is correct.
    Explanation: TU = EMU Total utility is the aggregate amount of satisfaction or fulfilment that a consumer receives through the consumption of a specific goods or service.

     

    By: Parvesh Mehta
    ProfileResources

    Let's Discuss

    Master
    Consumer Behaviour and Demand
    With abhipedia
    Micro Courses
    Try Now
    What our students have to say
    Review on us
    Download Abhipedia Android App

    Access to prime resources

    Downlod from playstore
    download android app download android app for free