MyQuestionIcon

1

You visited us 1 times! Enjoying our articles? Unlock Full Access!

Poverty

When a commod...

Question

When a commodity gives utility for a long period of time, it is called __________ consumption

A

Quick

No worries! We‘ve got your back. Try BYJU‘S free classes today!

B

Final

No worries! We‘ve got your back. Try BYJU‘S free classes today!

C

Wasteful

No worries! We‘ve got your back. Try BYJU‘S free classes today!

D

Slow

Right on! Give the BNAT exam to get a 100% scholarship for BYJUS courses

Open in App

Solution

The correct option is D
Slow

Slow

Suggest Corrections

thumbs-up

1

Similar questions

Q. At the time of consumption of the _______ of a commodity the total utility, average utility and marginal utility are same.

Q. ________ utility is the sum of the marginal utilities from the consumption of a commodity.

Q. Higher consumption of a commodity may mean lower and lower marginal utility, but it never implies negative utility. Do you agree?

Q. Higher consumption of a commodity may mean lower and lower marginal utility, but it never implies negative total utility. State True or False.

Q. With the increase in the consumption of units of a given commodity the marginal utility ________.

View More

Join BYJU'S Learning Program

similar_icon

Related Videos

lock

Poverty

CIVICS

Watch in App

explore_more_icon

Explore more

Standard IX Civics

Join BYJU'S Learning Program

CrossIcon