A consumer maximizes his utility in consuming a good ‘X’ when? by Sunday | May 23 | Economics WAEC | 0 comments A. Mux = Px B. Px > Mux C. price is falling D. Mux > Px Correct Answer: Option A A. Mux = Px Users Also Read These:The law of diminishing marginal utility indicates…MUX = PX ( where X and Y = good X and Good Y; MU =…When total utility is constant, it means the…The concept of marginal utility indicates the…A sheep grained 20 kg of weight after consuming 60…