The Law of equi-marginal utility tells that if price of commodity falls
A. More units of it will be bought
B. Same units of it will be bought
C. Less units of it will be marginal bought
D. Nothing of it will be bought
Answer: Option A
Related Questions on Managerial Economics
The emphasis of managerial economics is on
A. Bonus theory
B. Normative theory
C. System theory
D. Accounting theory
Which is not the subject of Managerial Economics?
A. Accounting Theory
B. Pricing Decision, Policies and Practices
C. Capital Management
D. Profit Management
Which is not covered under the scope of managerial economics?
A. Profit management
B. Accounting theory
C. Pricing policies
D. Production analysis

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