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Managerial Economics · Quiz 1 · 13 Jul 2025 · May 2025 term

Question 5: Choose the correct alternative

Question 5

+2 marksOne correct option

Answer the given subquestions for this consumer.

Choose the correct alternative

  1. A

    This consumer believes that more is better for each good, x and y

  2. B

    Marginal utility of the good x is independent of x and marginal utility of the good y is independent of y

  3. C

    Both this consumer believes that more is better for each good, x and y & Marginal utility of the good x is independent of x and marginal utility of the good y is independent of y

  4. D

    None

Show answer

Correct answer

  • A

    This consumer believes that more is better for each good, x and y

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Question 5 of 21 in the IIT Madras BS Managerial Economics (Managerial Economics) Quiz 1 paper sat on 13 Jul 2025, in the May 2025 term (IIT M DEGREE AN EXAM QDB2 13 July 2025). It carries 2 marks.

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