Question 1

A consumer is said to be rational if

  • A.He buys as many goods as his income can buy
  • B.He tries to maximize his utility not withstanding his limited income
  • C.He maximizes his utility by borrowing money after exhausting his income
  • D.He produces maximum commodities
Objective

Question details

Exam body
ABU
Subject
Economics
Year
2013/2014
Question no.
#1
Type
Objective

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