Waec 2022 Economics Question 14

Practice objective / multiple choice question 14 from the 2022 Waec Economics examination. This question covers Economics .

Waec 2022 Economics Objective / Multiple Choice 2 Difficulty
Topic: Economics
Question 14 WAEC • 2022 • ECONOMICS • objective

A consumer of a single commodity is in equilibrium when A. he can equate his demand with price; B. he can equate marginal utility and price; C. he can maximize his marginal and total utilities; D. his marginal utility is equal to zero.

Answer Options

A. he can equate his demand with price
Correct Answer B. he can equate marginal utility and price
C. he can maximize his marginal and total utilities
D. his marginal utility is equal to zero
Correct Answer
B
Correct Option:
he can equate marginal utility and price

About This Question

This is Waec 2022 Economics Question 14. It is one of the objective questions from the 2022 Waec Economics examination.

The question covers Economics .

Difficulty level: 2 .

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