Teacha
  • Courses
  • Mock Exams
  • For Tutors
  • For Schools
  • Pricing
Log InStart Free
  1. Past Questions
  2. /
  3. WAEC
  4. /
  5. Economics
  6. /
  7. 2011
  8. /
  9. Q12
Question 12

A consumer purchasing a commodity X will maximize his satisfaction if

  • A.Px = MUx
  • B.Px ≥ MUx
  • C.Px > MUx
  • D.Px < MUx
Objective

Question details

Exam body
WAEC
Subject
Economics
Year
2011
Question no.
#12
Type
Objective
Previous · Q11price fixed above the equilibrium is to Next · Q13 When total utility is constant, it means marginal utility is

More from this paper

  • Q8Palm oil and palm kernel have
  • Q9A supply curve which is vertical has an elasticity co-efficient of
  • Q10if the current price of an apple is twice that of last year, it implies that the…
  • Q14A rational consumer is one who
  • Q15which of the following is not true about land?
  • Q16The type of production that involve the tapping and harnessing of natural…
See all Economics 2011 questions
Teacha

Africa's learning & exam readiness platform. Built for students, tutors, and schools.

Platform

  • Courses
  • Mock Exams
  • Past Questions

For You

  • I'm a Tutor
  • I'm a School
  • Pricing

© 2025 Teacha. Built for African learners, tutors, and schools. Teacha is not affiliated with WAEC, NECO, or JAMB. All past questions are sourced from publicly available materials.

Privacy PolicyTerms of UseCookie Policy