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Question 0

If goods were free, a rational consumer would consume?

  • A.an infinite amount of each good
  • B.the amount where marginal utility became zero
  • C.the same amount as when each good had a price
  • D.the amount where marginal utility was the highest
  • E.
Objective

Question details

Exam body
JAMB
Subject
Economics
Year
1988
Question no.
#0
Type
Objective
Previous · Q0A commodity is said to have a derived demand when the commodity Next · Q0 Which of the following changes in equilibrium price and quantity is as a result…

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