Question

As per Law of Equi Marginal Utility the total utility to a consumer is maximum when the Marginal Utility from the last unit of
each commodity is
O Zero
O Equal
O Unequal
O Negative​

Answer 1

Answer:

Equal

Explanation:

The marginal utility per rupee spent is the marginal utility obtained from the last unit of good consumed divided by the price of good (i.e., MUX/PX or MUY/PY). A consumer thus gets maximum utility from his limited income when the marginal utility per rupee spent is equal for all goods.