Commerce Short Question | Gkseries

Home/
General Knowledge/
when-a-consumer-increases-units-of-x-commodity-by

By Gkseries see more questions

Q.

When a consumer increases units of X - commodity by giving up some units of Y- commodity and even to attain the same level of satisfaction, the marginal rate of substitution, will be calculated by :

[A] Change in X - Commodity divided by change in Y - Commodity

[B] Change in X - Commodity divided by marginal utility of Y - Commodity

[C] Change in Y - Commodity divided by change in X - Commodity

[D] Change in Y - Commodity divided by marginal utility of X - Commodity

Answer & Explanation
Answer: Change in Y - Commodity divided by change in X - Commodity

DOWNLOAD CURRENT AFFAIRS PDF FROM APP

Please share this page

Click Here to Read more questions

Teacher Eligibility Test