Economics · Consumer Behavior
Arrange the following in the correct logical sequence for consumer equilibrium under the cardinal utility approach: (A) Measurement of utility in utils (B) Derivation of marginal utility (C) Application of the law of diminishing marginal utility (D) Determination of equilibrium condition (MUx / Px = MUm)
Verified Solution4 OptionsUpdated: October 2026👁️1 View
Share:
- 1(B), (C), (A), (D)
- 2(A), (C), (B), (D)
- 3(B), (A), (C), (D)
- 4(A), (B), (C), (D)✓
Correct answer
(A), (B), (C), (D)
Download Single Question PDF
Save this question and verified answer as a clean study sheet with live clickable link.
👥
Share with Friends & Study Groups
Challenge your peer aspirants on WhatsApp or Telegram to solve this question!
Online Test Series
Start Free Mock Test →Preparing for Economics?
Practice full-length mock tests with real exam timers, instant score analysis, and all-India ranking.
Chapter Practice
Practice Consumer Behavior MCQs →Want more practice questions on Consumer Behavior?
Solve complete topic-wise tests with detailed solutions on GkGet.
Related Practice Questions
Recommended practice questions in Economics · Consumer Behavior