Economy, asked by musk42, 5 months ago

given the market price how does the consumer decife to how much to buy​

Answers

Answered by Anonymous
5

Answer:

In order to decide, how much of a good to buy at a given price, a consumer compares Marginal Utility (MU) of the good with its price (P). The consumer will be at equilibrium, when the Marginal Utility of the good will be equal to the price of the good.

Answered by niharika1414
0

Answer:

To decide that.....a consumer compares Marginal Utility (MU) of the good with its price (p)

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