Post Utme Bells University 2018 Economics Question 25
Practice objective / multiple choice question 25 from the 2018 Post Utme Bells University Economics examination.
A consumer has a budget of ₦1000 and has the following preferences: 2 units of good A \cost ₦200, 3 units of good B \cost ₦300, and 4 units of good C \cost ₦400. If the consumer wants to maximize utility, what is the marginal rate of substitution between good A and good B?
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About This Question
This is Post Utme Bells University 2018 Economics Question 25. It is one of the objective questions from the 2018 Post Utme Bells University Economics examination.
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